The Executive Secretary of Tertiary Education Trust Fund (TETFUND), Sonny Echono, reveals alarming statistics:
– 50% of lecturers sponsored abroad for advanced learning don’t return to Nigeria.
– High costs: N85m-N110m per lecturer in UK/US institutions.
– Exchange rates, flight tickets, and upkeep exacerbate expenses.
REASONS FOR LOW RETURN RATE:
– Better job opportunities abroad
– High standard of living
– Limited opportunities in Nigeria
TETFUND’S RESPONSE:
– Minimizing post-graduate scholarships abroad
– Refocusing training locally to maximize resources
– Prioritizing institutional development over individual capacity building
KEY TAKEAWAYS:
– Brain drain affects Nigeria’s education sector
– Local training initiatives require support
– TETFUND seeks sustainable solutions
Peoplesmind