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Over 137 Scholars Sponsored Abroad Absconded — TETFund Secretary, Sonny Echono

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  • Board may suspend foreign scholarships

Over 137 of the fund’s sponsored students who were studying abroad, according to Sonny Echono, executive secretary of the Tertiary Education Trust Fund (TETFund), have absconded.

During his Tuesday appearance before the House of Representatives’ special committee looking into the alleged “abuse” of the N2.3 trillion tertiary education tax by TETFund, Echono gave a speech.

The executive secretary claimed that after completing their courses, the TETFund-sponsored scholars who were sent abroad for “higher education” refused to come back.

“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,” he said.

“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.

The executive secretary said if the scholars who don’t want to return to the country refuse to repay the money expended on their programs, they will be declared persona non grata.

“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,” Echono said.

“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 program 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 (CBN) but when fees are to be paid for scholars abroad, the apex bank insists on TETFUND sourcing forex by itself.

“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,” he said.

“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 specialized universities” in the country.

“This way we can retain our resources in-house and cope with the change of foreign exchange variation,” he said.

Echono also said the federal government was owning TETFund N371.3 billion out of which it has repaid N46 billion so far.

The executive secretary denied the allegations that TETFund mismanaged funds to the tune of N2.3 trillion.

Meanwhile, Oluwole Oke, chairman of the committee, said the probe is not to witchhunt, adding that the lawmakers are out to stop the misuse of public funds.

BIG STORY

I’m Going To Contest For President In 2027 — Peter Obi

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Opposition leader Peter Obi has declared he will run for president in 2027, rejecting claims that he might serve as running mate to Atiku Abubakar of the Peoples Democratic Party.

“I’m going to contest for the President of the Federal Republic of Nigeria, and I believe I am qualified for it,” Obi, the Labour Party’s 2023 presidential flagbearer, said during the Sunday Politics programme.

When asked if he was considering being Atiku’s running mate in 2027, Obi responded, “This is not in play; nobody has ever discussed that. People assume so many things. Nobody has ever discussed with me whether I am going to be A or B or C.”

The former governor of Anambra State emphasized that he remains a strong member of the Labour Party, though he is actively involved in the African Democratic Congress coalition formed by opposition groups to defeat President Bola Tinubu of the All Progressives Congress, who is seeking a second term in 2027.

“I am part of the coalition which will be able to produce a president with the capacity and compassion to save this country,” he said.

‘Just Four Years’

Obi explained that he would need no more than four years to provide effective leadership for Nigerians.

“I don’t need a day more than four years. I will show the direction of good governance,” Obi insisted, making it clear that he will run for president in 2027 rather than as a deputy to any other politician.

“In two years, there has been maximum damage. Two years can change it in a good direction. People want to get up and see a president that cares, that shows compassion,” he added.

On July 2, 2025, an inter-party coalition including Atiku Abubakar, Obi, ex-Senate President David Mark, former minister Rauf Aregbesola, former minister Rotimi Amaechi, ex-Kaduna governor Nasir El-Rufai and others, adopted the ADC as the joint opposition platform to challenge Tinubu, whose government has faced accusations of economic mismanagement, historic inflation, and unprecedented hardship.

The coalition is relying on the voting numbers Obi and Atiku achieved in 2023. Atiku of the PDP and Obi of the Labour Party came second and third respectively, with a combined tally exceeding 12 million votes, over four million more than Tinubu’s total as announced by INEC.

Reacting to criticism that the ADC coalition consists of spent politicians who once held power, Obi argued:

“In fact, even some who have been in that government, their experience is critical.

“I can tell you one of the major companies in the world hired two people who have worked in failed companies because they can tell you why they failed.

“You need the experience of those who have failed and those who have succeeded to move on, and I need everyone. It is a critical experience because they know what can fail a system and they know what was wrong with the system,” he explained.

‘No Anti-Party Activity’

Obi further maintained that he is still a member of the Labour Party despite being active within the ADC coalition, stressing that his participation is not “anti-party”.

“No, there is no anti-party. Remember, we said for 2027. We are not in 2027; we are in 2025. It’s clear. We’ve adopted it for 2027. So, if I say I am going to be part of your dinner in the evening, that doesn’t mean I should abandon my breakfast and lunch.”

“The coalition just adopted a party for 2027. So, we are trying to work together for the sake of Nigeria.

“Today, I am a Labour Party member. I remain in the Labour Party. But we have all agreed to work as a coalition for the 2027 election, and for that, we’ve adopted ADC. Going on, other parties, other individuals will also come in.

“We want better governance for this country. We want to see a more competent government with capacity and character.

“This coalition might have other parties as it happened in the past, and change the name of the party.

“I am a member of this (Labour Party) and I am going to work with this group,” he concluded.

 

Credit: Channels TV

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BIG STORY

Police Arrest 19 Ghanaians In Oyo Trafficking Bust

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The Oyo State Police Command on Sunday revealed it had apprehended 19 individuals, including 14 men and five women, all young Ghanaian nationals, over trafficking activities in the state.

In a statement issued by the state Police Public Relations Officer, Adewale Osifeso, in Ibadan, the suspects were arrested at Kajorepo community in the Akinyele Local Government Area.

He explained that the arrests followed credible intelligence about suspicious activity at a building where the victims were housed.

Osifeso stated that in line with standard procedures, the victims had been transferred to the Nigerian Immigration Service for further investigation.

“The state command proudly announces the successful completion of a targeted operation on July 2, 2025, based on credible intelligence related to suspicious activities at a building in the Kajorepo area of Akinyele Local Government Area.

“Around 5:30 pm, the state Intelligence Department, with the invaluable support of tactical command teams, executed a search warrant at the site, which had been securely locked from the outside.

“This operation led to the arrest of 19 individuals, comprised of 14 men and five women, all young nationals from Ghana.

“During the investigation, it became clear that these individuals had been lured to Nigeria with false promises of job opportunities, falling prey to a manipulative scheme by unknown perpetrators who exploited them for financial gain.

“The victims provided critical information about their ordeals, significantly aiding the ongoing investigations. The victims have since been handed over to the Nigerian Immigration Service for further investigations and to possibly reunite them with loved ones back in their country.”

He emphasized that the command remained focused on identifying those responsible for the trafficking network and would continue gathering intelligence to track down the perpetrators.

Osifeso assured the public of the police command’s commitment to maintaining safety and security for all residents and encouraged citizens to stay vigilant and report any suspicious activities directly to the authorities.

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BIG STORY

Road To 2027: You Want To Rescue Your Stomach, Not Nigerians — Wike To Coalition Leaders

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Nyesom Wike, minister of the federal capital territory (FCT), has said coalition leaders are only focused on “rescuing their stomach” rather than Nigerians.

Speaking on Sunday at St. James Anglican Church in Asokoro, Abuja, during a thanksgiving service for the “successful completion of inaugurated projects” in the FCT, Wike cautioned the congregation against “propaganda and blackmail” from politicians and appealed for their patience and continued prayers for the Bola Tinubu-led administration.

He criticised many of the coalition leaders, stating they had failed to deliver meaningful results while in positions of power, and argued their current moves showed they could not cope with staying out of power for long.

“In 1999, you were at this party. In 2006, you were in another party. In 2014, you moved to another party. In 2019, you came back to another party. Now, in 2025, you have moved to another party,” Wike said.

“To rescue who? You want to rescue your stomach. It’s not Nigerians you want to rescue.

“Some of you have sympathy for somebody you don’t know. You say Peter Obi will be president. President where?

“For eight years, he was governor; he never conducted local government elections. That is what you describe as democracy. Only you were the governor and chairman of the local governments.

“I was a senate president for eight years, for example, and I cannot provide a road to my local government, Otukpo, and I will fly a helicopter to Otukpo—eight years! It is now, and you say you want to rescue Nigeria. Which Nigeria do you want to rescue?

“Somebody was speaker for eight years, governor, eight years, minister, eight years; he didn’t know that Nigerians were angry. It’s just these two years he left office; you’re telling Nigerians that Nigerians are angry.”

Last Wednesday, opposition politicians adopted the African Democratic Congress (ADC) as their platform to challenge President Tinubu in 2027.

Several politicians across different parties are members of the coalition.

They include former Senate President David Mark, Rauf Aregbesola, ex-minister of interior, former Vice-President Atiku Abubakar, and Peter Obi, presidential candidate of the Labour Party (LP) in 2023.

Others are Aminu Tambuwal, former governor of Sokoto; Rotimi Amaechi, former minister of transportation; Solomon Dalung, former minister of sports; and Odigie Oyegun, former national chairman of the All Progressives Congress (APC).

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