Education
Over 137 Students Sponsored To Study Abroad Flee — TETFUND
Over 137 students who were funded by the Tertiary Education Trust Fund to study abroad, according to Executive Secretary Sonny Echono, have vanished.
When Echono went before the House of Representatives Ad-hoc committee on Tuesday to discuss the alleged mismanagement of N2.3 trillion in tertiary education tax by TETFund, Echono made a statement.
He emphasized that after completing their programs, the TETFund-sponsored scholars who were sent abroad for “higher education” had refused to come back.
The Executive Secretary said, “Some 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.
“The 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.”
Echono said TETFund is working with stakeholders for “stringent and effective measures” to be taken against those who refuse to return to the country for Nigerians to benefit from their expertise.
“We 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,” he said.
He added that if the scholars who don’t want to return to the country refuse to repay the money expended on their programmes, they will be declared persona non grata.
Echono said, “We 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.
“We 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.
“It 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.
“We are not against people looking for greener pastures but do so on your own, not through our scholarship or our sponsorship.”
The Executive Secretary said TETFund may suspend foreign scholarship due to the exchange rate crisis.
Echono said that some of the taxes are paid to TETFund in foreign currencies at the account domiciled with the Central Bank of Nigeria but when fees are to be paid for scholars abroad, the apex bank insists on TETFUND sourcing Forex by itself.
He added, “We 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.
“Currently 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.
“The 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.”
He said most of our training will now be done locally through “our experienced, first-generation universities and other specialised universities” in the country.
“This way we can retain our resources in-house and cope with the change of foreign exchange variation,” he added.
Echono added that the federal government currently owns N371.3 billion of the TETFund, of which it has already refunded N46 billion.
Additionally, he refuted claims that TETFund misused the N2.3 trillion budget.
Oluwole Oke, the committee’s chairman, added that the members’ goal is to avoid the misuse of public monies and emphasized that the investigation is not a witch hunt.
Education
Maida, Inuwa, Adeyanju, Alakija, Others To Speak At AfriTECH 4.0
The organizers of Africa Tech Alliance Forum [AfriTECH 4.0] have announced the distinguished lineup of speakers for this year’s Forum themed: “Leapfrogging Digital Transformation for Future of Africa’s Economy”.
Scheduled to hold on Thursday, November 07, 2024 at Oriental Hotels, Lekki, Lagos, Nigeria, AfriTECH 4.0 [https://africatechallianceforum.africa/] will bring together leading voices in technology, telecommunications, ecommerce, software, finance, emerging technologies and government to explore key innovations and challenges shaping Africa’s digital transformation.
AfriTECH has become one of Africa’s most anticipated technology events, and the 2024 edition will feature a stellar lineup of industry experts, innovators, and policymakers who will provide insights into how emerging technologies are propelling Africa’s digital economy.
Special Guests:
Dr. Aminu Maida, a distinguished leader in telecommunications and digital transformation, serves as the Executive Vice Chairman of the Nigerian Communications Commission (NCC).
With over two decades of experience in the ICT sector, Maida has become a pivotal figure in driving Nigeria’s digital economy, overseeing regulatory frameworks and initiatives that foster innovation, investment, and inclusivity in Nigeria’s telecom industry.
Kashifu Inuwa Abdullahi, CCIE, is a transformative leader in Nigeria’s technology landscape, currently serving as the Director General of the National Information Technology Development Agency (NITDA).
Under his guidance, NITDA has driven impactful initiatives supporting Nigeria’s digital economy, fostering innovation, digital skills development, and creating an enabling environment for tech startups and entrepreneurship.
He will deliver the keynote address at AfriTECH 4.0.
Professor Ibrahim Adepoju Adeyanju is the CEO of Galaxy Backbone, a key government-owned technology and digital infrastructure company. Under his leadership, Galaxy Backbone focuses on strengthening Nigeria’s digital ecosystem by providing secure and innovative ICT infrastructure to government agencies and businesses, supporting national development and e-governance initiatives.
Biram Fall, the Regional Managing Director, QNET, a leading e-commerce-based direct selling company.
In his role, Mr. Fall oversees QNET’s operations and growth strategies across several markets, focusing on enhancing regional reach and ensuring the company aligns with local business needs.
Known for his expertise in direct-selling and his commitment to sustainable business practices, Fall has been instrumental in expanding QNET’s footprint in Africa and other emerging markets.
Ebehijie Momoh is a renowned financial services leader with over 20 years of experience in banking and payment technology, currently serving as CEO of AfrigoPay Financial Services Limited, where she leads the company’s mission to provide innovative payment solutions across Africa.
With a background in financial services and a deep understanding of digital payments, Momoh brings extensive experience to her role, focusing on transforming the financial landscape through accessible, secure, and efficient payment systems.
Her leadership emphasizes financial inclusion, driving AfrigoPay’s efforts to reach underserved communities and promote economic empowerment across the continent.
Dr. Muhammed Sirajo Aliyu is a visionary leader in Nigeria’s information technology sector. He is the incumbent President of the Nigeria Computer Society (NCS), the foremost association of IT professionals in Nigeria.
With an extensive background in computer science, IT governance, and digital innovation, Dr. Aliyu brings over 25 years of experience to his role, where he champions the advancement of technology and professional development within Nigeria’s IT ecosystem.
Dr. Temitope Alakija, a renowned academic and statistician, is a Senior Lecturer in the Department of Statistics at Yaba College of Technology [Yabatech] Lagos. With a deep expertise in data science, statistical analysis, and quantitative research, Dr. Alakija is dedicated to advancing the field of statistics and training future leaders in data-driven decision-making.
Holding a PhD in statistics and with numerous publications, Dr. Alakija’s research contributions have significantly influenced both academia and industry, particularly within Africa. Her commitment to academic excellence and her role in fostering a data-literate society make her a highly respected figure in the statistical community.
Adesola Akinsanya – President, Nigeria Internet Registration Association (NiRA). Akinsanya brings decades of expertise to his role, where he advocates for technological innovation, professional growth, and policy advancement in Nigeria’s IT landscape..
Engr. Gbenga Adebayo, Chairman, Association of Licensed Telecommunications Operators of Nigeria (ALTON). Engr. Adebayo is a prominent figure in Nigeria’s telecommunications industry, with over 25 years of experience in telecom and ICT. He is known for his advocacy for industry development, regulatory reform, and the provision of accessible telecommunications services across Nigeria.
Tony Izuagbe Emoekpere – President, Association of Telecommunications Companies of Nigeria (ATCON). With an extensive background in telecom management, digital strategy, and regulatory advocacy, Emoekpere is dedicated to advancing Nigeria’s telecom industry and fostering an environment that promotes innovation, investment, and inclusivity.
Key Speakers for AfriTECH 4.0:
Engineer Ikechukwu Nnamani – CEO, Digital Realty (Nigeria). In his keynote presentation at AfriTECH 4.0, Engr. Nnamani is expected to share his expertise on building resilient telecommunications infrastructure to support Africa’s digital future.
For over 16 years under his leadership the Digital Realty datacenter in Lagos is rated the most interconnected facility in the West African sub-region being the number 1 peering point for the region and boosting all submarine cables in the region, long distance providers, metro fiber providers, mobile services providers, fixed services providers, OTT providers, Internet Exchange, VAS providers, and global Tier1 service providers, amongst others.
Other outstanding personalities confirmed as speakers include – Dr. Obadare Peter Adewale, Chief Visionary Officer, Digital Encode Limited; Mr. Emmanuel Amos, Founder – Programos Foundation/InnovationBed Africa; Chukwuebuka Ume-Ezeoke, Chief Technology Officer at CED Technologies; Dr. Oluseyi Akindeinde, Founder, Hyperspace Technologies; Happiness Obioha, Managing Director, Tecom Concepts Limited; Chukwuemeka Mbaebie, Convener, Lagos Blockchain Week; Akeem Ajisafe, Managing Director, Transblue Limited; Chika Nwosu, Managing Director, PalmPay; Jude Ozinegbe, Founder/Convener at Cyberchain; Mohammed Rudman, CEO, Internet Exchange Point of Nigeria [IXPN]; Dr. Ayotunde Coker, CEO Open Access Data Centres (OADC); Kehinde Ogundare, country manager, ZOHO [Nigeria]; Ayodeji Ogunmola, Director, Products Management at Northsnow Ltd; Oluwakayode Durodola, founder, Otuntech Limited; Lovelyn Okafor, Country Head, Nigeria at Newmark; Olaniyi Ibraheem, Business Development Manager (Africa) at UBankConnect; Adedamola Bowale, Co-founder & Technical Lead at Avancee Pinnacle, and Moniade Adeniyi, Product Innovation & Business Growth Strategist, Northsnow Ltd.
Meanwhile, innovationbed Africa is set to host “Startup Showcase” at AfriTECH, a session dedicating to startup finalists for this year’s United Nations World Summit Awards. Discussants include – David-Bobola Ojoawo, the Producer for Compas.AI; Stephen Adeyemo of Expertplug; Siro Collins, CEO of Advanced Engineering Center (AEC), WSA Winner 2023; Elijah Moses, Producer for VerionX; Rasheed Aliu Producer for LOOPBOX; Musami Umar Musam, founder of RollMal; David Ezeonyekwere, the founder of CheapMarketDeal, and Sule Wisdom David, the founder of CyclexAfrica.
QNET is the gold sponsor of AfriTECH 40. Silver Sponsors – Galaxy Backbone, Digital Realty, Digital Encode Ltd. Bronze Sponsors – CED Technologies, AfriGoPay, Tecom, Northsnow UK, Hyperspace Technologies, Palmpay, OADC.
Ecosystem Partners: NCC, NITDA,, InnovationBed Africa, ALTON, ATCON, NCS, IXPN, NiRA, Lagos Blockchain Week, Newmark Group, all are supporting AfriTECH 4.0.
Media Partners include; Techeconomy, NigeriaCommunicationsWeek, ITPulse, Ravenews, TechTrends.Africa, TechBuild.Africa, GrassRoots, DigiVation Network, TechLifewithUgo, BusinessMetrics, BusinessRemarks, SwiftReporters, TechTV, Africa Hyperscalers Media, CyberEra, ITRealms, DigitalTimes, TechnologyMirror, TechandBizNews, ITNewsNigeria.
“AfriTECH 4.0 will also feature interactive panel discussions, workshops, and exhibitions that will explore other critical topics such as artificial intelligence (AI), blockchain, fintech, smart cities, and sustainable innovation”, said Chike Onwuegbuchi, co-convener of AfriTECH. “We are grateful to the sponsors and partners”.
“Attendees will have the opportunity to engage directly with the speakers, as well as network with other industry leaders, innovators, and investors”, he added.
Participation
Participation is free, but you are required to pre-register: https://bit.ly/3ZPdi88
Education
Covenant University Dominates Nigerian Higher Education In THE 2025 Rankings [Full List]
Covenant University (CU) has once again emerged as Nigeria’s top university in the Times Higher Education (THE) 2025 Rankings, reinforcing its position as a leader in the nation’s academic landscape.
This is the second consecutive year that Covenant University has claimed the top spot.
In a significant shift in the 2025 rankings, Ahmadu Bello University (ABU), Zaria, secured second place, overtaking the University of Ibadan, which held the position in the 2024 rankings.
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Other Nigerian institutions in the top five include Landmark University, University of Ibadan, and University of Lagos.
The Times Higher Education World University Rankings, an annual publication, is one of the most comprehensive assessments of global higher education institutions.
For the 2025 rankings, more than 2,000 universities from 115 countries and territories were evaluated.
The ranking system uses 18 performance indicators to measure universities’ achievements across five core areas: teaching, research environment, research quality, industry engagement, and international outlook.
Globally, the University of Oxford maintained its dominant position for the ninth year in a row, followed by the Massachusetts Institute of Technology (MIT), which rose to second place.
Harvard, Princeton, and the University of Cambridge rounded out the top five.
Stanford University, which had previously held the second position, dropped to sixth place this year.
Top 10 Universities Globally in 2025:
1. University of Oxford
2. Massachusetts Institute of Technology (MIT)
3. Harvard University
4. Princeton University
5. University of Cambridge
6. Stanford University
7. California Institute of Technology (Caltech)
8. University of California, Berkeley
9. Imperial College London
10. Yale University
Top 22 Universities in Nigeria for 2025:
1. Covenant University
2. Ahmadu Bello University, Zaria
3. Landmark University
4. University of Ibadan
5. University of Lagos
6. Bayero University
7. Federal University of Technology, Akure
8. Federal University of Technology, Minna
9. University of Benin
10. University of Ilorin
11. University of Nigeria, Nsukka
12. Ekiti State University
13. Federal University of Agriculture, Abeokuta
14. Federal University of Technology, Owerri
15. Federal University of Oye-Ekiti
16. Ladoke Akintola University of Technology
17. Lagos State University
18. Nnamdi Azikiwe University
19. Obafemi Awolowo University
20. University of Port Harcourt
21. Usmanu Danfodiyo University, Sokoto
22. Abia State University
Covenant University’s consistent performance highlights its growing reputation in teaching and research, further solidifying its role as a hub for academic excellence in Nigeria and Africa.
Education
JUST IN: NECO Releases 2024 SSCE Results
The National Examinations Council (NECO) has released the 2024 results for the Senior School Certificate Examination (SSCE).
According to NECO, 60.55% of students achieved five credits, including English and Mathematics.
NECO’s Registrar, Professor Dantani Ibrahim Wushishi, made the announcement at their headquarters in Minna, Niger State.
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He stated that a total of 1,376,423 students registered for the exam, with 1,367,736 actually sitting for it. Of those, 828,284 students earned five credits, including the required subjects of English and Mathematics.
In addition, 1,147,597 candidates (83.90%) earned five credits in various subjects, regardless of their English or Mathematics scores. Special needs candidates totaled 2,267.
Wushishi also noted a significant decrease in exam malpractice this year. Cases dropped by 30.1%, with 8,437 students involved compared to 12,030 in 2023.
The top-performing states were Abia, Imo, and Ebonyi, while the lowest-performing states were Katsina, Kano, Jigawa, Borno, and Zamfara.
NECO identified 40 schools in 17 states where mass cheating occurred.
The schools will face disciplinary measures, and one school in Ekiti State has been recommended for de-recognition for cheating in multiple subjects.
Additionally, 21 supervisors in 12 states have been recommended for blacklisting due to misconduct such as aiding malpractice, extortion, negligence, and other offenses during the exams.