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How FX Policy Frustrates Nigerians Studying Abroad

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Nigerian students in foreign institutions are bearing the brunt of the Central Bank of Nigeria’s (CBN) new foreign exchange policy, which has seen many fail to meet up with tuition fees and other essentials, consequently miss examinations, drop out of schools or face deportation.

This gory picture was painted of Nigerian students in the Turkish Republic of Northern Cyprus (TRNC) by the Global Non-Governmental Organisation Executive Committee (GNOEC) at a media parley.

Director, GNOEC, Olasubomi Iginla-Aina, who undertook a fact-finding tour of Northern Cyprus, told the media that she made the discovery during her visit and in the course of her interactions with Nigerian students there.

She maintained that this had led to the deportation of a number of them or the inability to sit exams and continue their education.

“The students complained that they don’t get money sent from Nigeria on time. This is because the CBN money transfer is delayed in all the schools in TRNC.”

Admonishing the government to consider ameliorating the sufferings of Nigerian students abroad, she urged the authorities review the current foreign exchange and transfer policies to pay priority attention to education.

“But the CBN policy for money transfers should be as easy as ABC. Let children receive money easily instead of delaying it. The government should look into the transfer policy of CBN and help,” she said.

Iginla-Aina explained that the government of the TRNC Nigerian students, and the University authorities complained about the false agents, who had been bandying the false information that job opportunities abound in that country.

According to her, the authorities in TRNC might step up the level of deportation owing to the in the number of persons with fake documents, being detected with the improved Information Technology system in their immigration services.

She expressed a strong desire to see improved diplomatic ties between Nigeria and the TRNC.

“Our children are going there. We stand to gain a lot more if we take steps to help our people,” she pointed out.

President, National Association of Nigerian Students, TRNC, Opeoluwa Ojekemi, who spoke via Zoom during the parley said the CBN directive had affected Nigerians studying in that country negatively.

He revealed that the settlement of fees, rents, and other needs had been made much more cumbersome by the new policy.

Education

‘NELFUND Is Not an Excuse for School Fees Hikes’ – NANS Warns Universities

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The National Association of Nigerian Students (NANS) has warned university managements against using the availability of the Nigerian Education Loan Fund (NELFUND) as a justification for arbitrary increases in tuition fees.

The association urged universities across the country to explore alternative revenue-generating opportunities rather than impose additional financial burdens on students already grappling with Nigeria’s harsh economic realities.

NANS made its position known in a press release dated Sunday, October 18, 2026, signed by its President, Dist. Comr. Akinteye Babatunde Afeez, GCNS.

RELATED NEWS: NANS Threatens to Shut Down AE-FUNAI Over School Fees Hike

The student body maintained that although universities require adequate funding, students should not be made to bear the financial challenges confronting their institutions.

“To be clear, education cannot be commercialised. Students cannot be made to pay for the financial challenges confronting our universities,” the statement read.

According to the association, the Federal Government is investing heavily in education to keep students in school and ensure that access to education remains available to Nigerians regardless of their backgrounds and financial status.

NANS argued that university administrators, particularly vice-chancellors, must think outside the box and develop innovative ways of generating revenue without placing additional financial pressure on students.

NANS Cautions Universities Over NELFUND

The association said the establishment of NELFUND was part of the Federal Government’s efforts to expand access to education, but warned that university managements must not interpret the initiative as an opportunity to increase tuition fees arbitrarily.

“University managements must therefore refrain from increasing tuition fees arbitrarily on the assumption that NELFUND is available to pay students’ tuition,” the statement said.

NANS insisted that the student loan scheme should not become a reason for universities to impose higher charges on students, adding that managements must seek other sources of revenue that would not stretch students beyond their financial limits.

The association maintained that universities could pursue additional funding without transferring the burden of their financial challenges to students.

It also called on university administrators to adopt innovative approaches to revenue generation while ensuring that students are not subjected to unnecessary and unbearable financial demands.

NANS Calls for Alternative Funding Strategies

The student association emphasised the need for university managements to develop sustainable funding strategies that would support their operations without undermining students’ access to education.

It argued that increasing tuition fees could frustrate the academic aspirations of students, particularly those struggling to cope with the country’s economic difficulties.

NANS reiterated that the interests, welfare and aspirations of Nigerian students must remain a priority in decisions affecting university education.

The association pledged to continue speaking firmly against policies that place unnecessary financial burdens on students.

It maintained that the availability of government-backed education loans should complement efforts to make education accessible rather than serve as a justification for arbitrary tuition increases.

 

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Education

Warri School Gets Support from NCDMB, Techico

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The Nigerian Content Development and Monitoring Board (NCDMB), in partnership with Techico Resource Solutions Limited, has provided educational materials and teaching tools to Ugbuwangue Secondary School in Warri, Delta State.

The intervention was formally handed over to the school on Tuesday, September 22, 2026, at a ceremony attended by representatives of NCDMB, Techico Resource Solutions Limited, the school leadership, teachers, students, and members of the Ugbuwangue community.

READ ALSO: NCDMB Woos Chinese Manufacturers

A statement from the partners on Thursday has it that the support was provided under the “Back to the Creeks” initiative, which was designed to address practical challenges facing students and teachers by providing resources to improve the learning environment and support more effective teaching and learning.

Speaking at the ceremony, Chief Executive Officer of Techico Resource Solutions Limited, Omolola Bolushire, expressed appreciation to NCDMB for supporting the vision behind Back to the Creeks and investing in the future of young people.

She said the initiative demonstrated the importance of moving beyond conversations about development to taking practical steps that respond to the needs of communities.

“It is easy to talk about development. It is something else entirely to come into a community, listen, identify real needs and commit resources to making a difference,” Bolushire said.

Bolushire urged the school and Ugbuwangue community to take ownership of the intervention and protect the resources provided so that future generations could continue to benefit from them.

“These are not simply gifts to a community. They are an investment in a community. Please protect the facilities, protect the school and protect what has been provided,” she said.

Representing NCDMB, Mrs Khadija Jekine, who represented the Executive Secretary, said the Board was pleased to support an initiative focused on improving the learning experience of young people.

“Education is an investment in the future. By supporting schools and young people, we are helping to create opportunities that can have a lasting impact on communities,” Jekine said.

The Principal of Ugbuwangue Secondary School, Mrs Morrison Jemiyotan, also expressed appreciation for the intervention, noting that the resources would support both teachers and students.

“We are grateful for this support. These materials will make a meaningful difference to our school, and we are committed to ensuring that they are properly used and maintained for the benefit of our students,” the Principal said.

The Back to the Creeks initiative reflects the shared commitment of NCDMB and Techico Resource Solutions Limited to supporting communities and creating opportunities for young people through education.

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Education

Students, Lecturers In Limbo As TSU Strike Drags On

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As the indefinite strike at Taraba State University (TSU) continues, both students and lecturers have  been caught in a standoff over unresolved issues between the state government, the University’s management, and the Academic Staff Union of Universities (ASUU).

The strike, which has led to the suspension of exams and left the campus in disarray, stems from long-standing disputes regarding the welfare of lecturers and critical institutional concerns.

Students at TSU, Jalingo, are facing growing uncertainty as the academic calendar remains halted amid the ongoing crisis.

READ MORE: Journalist Adedayo Oderinu Advises Women Against Having Many Children

The Chairperson of ASUU-TSU, Dr. Garba Joshua, disclosed that the strike commenced after a 30-day grace period lapsed without meaningful action from the state government and university authorities to address key demands.

“The unresolved grievances include the lack of a pension scheme, non-payment of salary arrears, failure to constitute a Governing Council, non-payment of Earned Academic Allowances, exclusion from minimum wage implementation, and inadequate funding as stipulated by the University’s founding law,” Dr. Joshua explained.

He added, “ASUU-TSU has consistently engaged with the government to resolve these pressing issues. However, the lack of commitment and action has left us with no choice but to take this step in defense of our members’ welfare, the integrity of the institution, and the future of higher education in Taraba State.”

The strike has left students in limbo, with many expressing frustration over their interrupted academic progress. Some were seen leaving campus with no indication of when classes or exams would resume.

One student, speaking on the condition of anonymity, said, “We are the ones paying the price for a crisis we didn’t create. It’s disheartening to see our education put on hold because of these unresolved issues.”

The impasse has sparked concern among parents and education stakeholders, who are calling for urgent intervention to resolve the crisis.

However, as of the latest update, no resolution has been reached, leaving the future of academic activities at TSU uncertain.

Students and lecturers alike are now waiting for the state government and university management to take decisive action to end the strike and restore normalcy to the institution.

 

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