{"id":280131,"date":"2023-07-19T11:08:17","date_gmt":"2023-07-19T10:08:17","guid":{"rendered":"https:\/\/www.withinnigeria.com\/news\/?p=280131"},"modified":"2023-07-19T11:08:17","modified_gmt":"2023-07-19T10:08:17","slug":"more-than-137-scholars-sponsored-abroad-refused-to-return-to-nigeria-tetfund","status":"publish","type":"post","link":"https:\/\/www.withinnigeria.com\/news\/2023\/07\/19\/more-than-137-scholars-sponsored-abroad-refused-to-return-to-nigeria-tetfund\/","title":{"rendered":"More than 137 scholars sponsored abroad refused to return to Nigeria &#8211; TETFund"},"content":{"rendered":"<ul>\n<li><strong>More than 137 scholars sponsored abroad reportedly absconded &#8211; TETFUND<\/strong><\/li>\n<li><strong>We might foreign scholarships due to the exchange rate crisis &#8211; TETFUND<\/strong><\/li>\n<\/ul>\n<p>Executive Secretary of Nigeria&#8217;s Tertiary Education Trust Fund (TETFund), Sonny Echono has disclosed that more than 137 scholars sponsored abroad by the agency have reportedly absconded.<\/p>\n<p>This was made known by the Executive Secretary of the agency while appearing before the house of representatives ad hoc committee investigating the alleged \u201cabuse\u201d of N2.3 trillion tertiary education tax by TETFund.<\/p>\n<p>Echono noted that the scholars who were sponsored by TETFund for \u201chigher education\u201d abroad refused to return to the country after completing their programmes.<\/p>\n<p>He further revealed that\u00a0TETFund is working with stakeholders for \u201cstringent and effective measures\u201d to be taken against those who refuse to return to the country for <a href=\"https:\/\/www.withinnigeria.com\/news\/2023\/07\/18\/fuel-price-hike-be-patient-with-tinubu-gov-oyebanji-appeals-to-nigerians\/\">Nigerians<\/a> to benefit from their expertise.<\/p>\n<p>The TETFund ES added that such persons will be forced to repay the money expended on their programmes or they will be declared persona non grata.<\/p>\n<p>Echono said;<\/p>\n<p>\u201cSome of the scholars that have been sponsored, unpatriotically when they go, they enjoy our scholarship, acquire a higher degree, then refuse to come back. It has become a major crisis.<\/p>\n<p>\u201cThe scholarship requires that you will come back. It is required that you have a guarantor and in many cases, the guarantor has suffered undue hardship because when you disappear, we hold the guarantor to pay all the money expended on your behalf but that has not been effective.<\/p>\n<p>\u201cWe believe that in a system where we work with our embassies and the institutions, we can enforce the repayment for those who insist they will not come back.<\/p>\n<p>\u201cWe will write to the embassies and they will make it available to those countries and they will not be able to get jobs. They will be seen as fugitives of law from their countries.<\/p>\n<p>\u201cWe may have to take that hard stand because the numbers are alarming. We just checked about 40 institutions and over 137 absconders and the review is ongoing.<\/p>\n<p>\u201cIt is a huge number that we cannot afford and so we will be seeking your support to strengthen some of the existing regulations to ensure that those who benefit from this programme must come back.<\/p>\n<p>\u201cWe are not against people looking for greener pastures but do so on your own, not through our <a href=\"https:\/\/www.withinnigeria.com\/news\/2023\/07\/02\/just-in-her-result-is-fake-says-jamb-on-anambra-student-celebrated-as-2023-top-utme-scorer\/\">scholarship<\/a> or our sponsorship.\u201d<\/p>\n<p>Echono also said they might foreign scholarships due to the exchange rate crisis. He hinted that training will now be done locally through \u201cour experienced, first-generation universities and other specialised universities\u201d in the country.<\/p>\n<p>Echono said;<\/p>\n<p>\u201cWe operate a system where our forex is being sold on our behalf at an official rate and we apply like anybody else to get it, sometimes it leads to additional cost.<\/p>\n<p>\u201cCurrently as I speak, we are in consultations with all our stakeholders to suspend foreign training for a year or two. This is because of the recent exchange rate adjustments. We are unable to continue based on our disbursement guidelines.<\/p>\n<p>\u201cThe money we allocated in naira cannot cover the dollar requirement for training. For those who are currently there, we now need more naira to pay for the dollar that is required for their annual fees. We are trying to put a hold.\u201d<\/p>\n<div>\n<div class=\"my_div\">\n<p>Also denying allegations of TETFund mismanaging funds to the tune of N2.3 trillion, Echono disclosed that the federal government is owing TETFund N371.3 billion out of which it has repaid N46 billion so far.<\/p>\n<\/div>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>More than 137 scholars sponsored abroad reportedly absconded &#8211; TETFUND We might foreign scholarships due to the exchange rate crisis &#8211; TETFUND Executive Secretary of Nigeria&#8217;s Tertiary Education Trust Fund (TETFund), Sonny Echono has disclosed that more than 137 scholars sponsored abroad by the agency have reportedly absconded. This was made known by the Executive [&hellip;]<\/p>\n","protected":false},"author":17,"featured_media":247257,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"jnews-multi-image_gallery":[],"jnews_single_post":{"source_name":"","source_url":"","via_name":"","via_url":"","override_template":"0","override":[{"template":"2","single_blog_custom":"211693","parallax":"1","fullscreen":"1","layout":"right-sidebar","sidebar":"default-sidebar","second_sidebar":"default-sidebar","sticky_sidebar":"1","share_position":"top","share_float_style":"share-monocrhome","show_share_counter":"1","show_view_counter":"0","show_featured":"1","show_post_meta":"1","show_post_author":"1","show_post_author_image":"1","show_post_date":"1","post_date_format":"default","post_date_format_custom":"Y\/m\/d","show_post_category":"1","show_post_reading_time":"1","post_reading_time_wpm":"300","show_zoom_button":"1","zoom_button_out_step":"2","zoom_button_in_step":"3","show_post_tag":"0","show_prev_next_post":"0","show_popup_post":"0","number_popup_post":"1","show_author_box":"0","show_post_related":"0","show_inline_post_related":"1"}],"override_image_size":"0","image_override":[{"single_post_thumbnail_size":"crop-500","single_post_gallery_size":"crop-500"}],"trending_post":"0","trending_post_position":"meta","trending_post_label":"Trending","sponsored_post":"0","sponsored_post_label":"Sponsored by","sponsored_post_name":"","sponsored_post_url":"","sponsored_post_logo_enable":"0","sponsored_post_logo":"","sponsored_post_desc":"","disable_ad":"0"},"jnews_primary_category":{"id":"","hide":""},"jnews_override_bookmark_settings":{"override_bookmark_button":"0","override_show_bookmark_button":"0"},"jnews_override_counter":{"override_view_counter":"0","view_counter_number":"0","override_share_counter":"0","share_counter_number":"0","override_like_counter":"0","like_counter_number":"0","override_dislike_counter":"0","dislike_counter_number":"0"},"footnotes":""},"categories":[2],"tags":[1412,21029,31597,13143],"class_list":["post-280131","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-national","tag-house-of-representatives","tag-scholarships","tag-sonny-echono","tag-tetfund"],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v27.8 (Yoast SEO v27.8) - 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