The federal government has commenced the payment of N4 billion in outstanding allowances owed to beneficiaries of the Bilateral Education Agreement, BEA, scholarship programme studying abroad.
According to TheCable, the ministry of education confirmed that the Central Bank of Nigeria has remitted the approved funds to Nigerian embassies and missions for immediate disbursement to eligible scholars.
In a statement issued on Wednesday by Boriowo Folasade, director of press and public relations, the ministry said the payment represents 50 per cent of the approved outstanding obligations for 2025.
Minister of Education, Tunji Alausa, said efforts are ongoing to clear the remaining balance.
“The funds have already reached embassy accounts, and affected missions are expected to begin immediate payments to beneficiaries,” the statement said.
The ministry advised affected students to monitor their accounts as payments begin to reflect.
The federal government said the development reflects the commitment of President Bola Tinubu to the welfare and academic success of Nigerian students studying overseas.
The BEA scholarship programme was established through agreements with countries including China, Russia, Algeria, Hungary, Morocco, Egypt and Serbia. Under the arrangement, host countries provide tuition and accommodation, while Nigeria pays allowances covering health insurance, medicals, books, transport and feeding.
Last year, the federal government discontinued the programme for new applicants following allegations of fraud and concerns that the scheme had deviated from its original purpose.
TheCable had earlier reported that delays in stipend payments left several Nigerian scholars stranded abroad, with some reportedly facing eviction and financial hardship.
The ministry reiterated its commitment to meeting obligations to Nigerian scholars and sustaining policies aimed at improving education and human capital development.
