allowances
26 Mar 2021
Despite a severe shortage of foreign exchange (forex), overseas education continues to drain the country’s resources, as Governor of the Central Bank of Nigeria (CBN), Godwin Emefiele, admitted $80 million weekly disbursements for personal travel allowances or payment of overseas school fees. The amount, which translates to $960 million yearly, is disbursed to banks to enable Nigerians to meet their forex responsibilities.
This is after a recent report indicated that Nigerians spend £30 million (about N20 billion) yearly paying tuition in the United Kingdom alone while the country’s education system grapples with challenges of underfunding, poor remuneration, and obsolete teaching facilities.
3 Nov 2019
Former militants protest non-payment of allowances
8 Dec 2018
Hundreds of National Assembly workers under the auspices of Parliamentary Staff Association of Nigeria (PASAN) on Tuesday grounded activities at the Assembly over owed salaries and allowances.
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