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PTDF Cancels Overseas Scholarship Scheme by Nobody: 2:00pm On Sep 04, 2015 |
The Petroleum Technology Development
Fund has announced the cancellation of its
overseas scholarship programmes for
Nigerian graduates and undergraduates.
This, it said, was part of its new policy
direction, adding that it would fundamentally
affect the operation and funding of its
overseas scholarship scheme and other
training programmes under the fund’s
management.
PTDF, in a statement issued by the Head,
External Relations, Mr. Kalu Otisi, on
Thursday, said the policy directions “include
a partial or outright domestication of the
scholarship scheme in Nigeria in line with
the Local Content policy of the Nigerian
government and the denomination of the
scholarship in hard currency, as against the
naira due to the volatility of foreign exchange
rates.”
To give effect to these policy shifts, the fund
said it had opened up discussions with
officials of foreign universities where
Nigerian scholars were regularly sent for
their Masters and Ph.D studies under the
sponsorship of the PTDF.
The discussion, it said, was on the
possibility of either setting up branches of
the foreign institutions in Nigeria or
collaborate with local universities in Nigeria,
particularly those whose oil and gas-related
departments had been fully upgraded by the
fund to become centres of excellence in
teaching and research.
The Executive Secretary, PTDF, Mr. Femi
Ajayi, who held interactive sessions with
officials of the Imperial College, London, and
the University College, London, as well as
Nigerian scholars, said such a partnership
would henceforth form the basis for the
fund’s future relationship and co-operation
with universities providing training and
research to its scholars abroad.
He reportedly said, “This is because we have
institutions in Nigeria which PTDF has over
the years been upgrading. So, we want a
situation where there will be more
cooperation between universities out here
and our universities back home.
“And we have some faculties that we have
developed or upgraded as agencies where
some of these short-term and long-term
courses can be run. So, we are discussing
the various modes of partnership and
collaboration towards moving along this
line.”
PTDF is a Federal Government agency which
has the mandate of enhancing the
institutional capacities of universities
offering oil and gas-related courses. |
Re: PTDF Cancels Overseas Scholarship Scheme by divinehand2003(m): 2:10pm On Sep 04, 2015 |
This makes serious sense. No need to spend billions of dollars sending the children of the political class abroad for masters program while the masses are left out. 1 Like |
Re: PTDF Cancels Overseas Scholarship Scheme by Nobody: 2:18pm On Sep 04, 2015 |
divinehand2003:All I see is fund siphoning out of this country and weakening our naira too.Good riddance! |
Re: PTDF Cancels Overseas Scholarship Scheme by rottennaija(m): 2:20pm On Sep 04, 2015 |
That good. It's like with the new administration in Nigeria, some are beginning to think and strategies well. |
Re: PTDF Cancels Overseas Scholarship Scheme by Emmafrancis: 2:20pm On Sep 04, 2015 |
Seriously? What's ur source |
Re: PTDF Cancels Overseas Scholarship Scheme by Nobody: 2:26pm On Sep 04, 2015 |
1 Like |
Re: PTDF Cancels Overseas Scholarship Scheme by Segunbills(m): 2:37pm On Sep 04, 2015 |
this is good news. seing children of top politicians gain these scholarship is just sickening. |
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