Info For You Lot Ptdf Cancels Overseas Scholarship Programmes, Announces Novel Policy Directions

PTDF Cancels Overseas Scholarship Programmes

The Petroleum Technology Development Fund (PTDF) has announced novel policy directions that volition fundamentally ship on the performance too funding of its overseas scholarship system too other preparation programmes nether its management.

According to a disceptation from its caput of world communication, Kalu Otisi, on Th inward Abuja, the novel policy include a partial or outright domestication of the scholarship system inward Nigeria inward describe of piece of work amongst the local content policy of the Nigerian government, too the denomination of the scholarship inward hard currency every bit against the naira due to the volatility of unusual central rates.

PTDF Cancels Overseas Scholarship Programmes Info For You PTDF Cancels Overseas Scholarship Programmes, Announces New Policy Directions

It explained that to laissez passer on number to the policy shifts, it has opened upward discussions amongst officials of unusual universities where Nigerian scholars are regularly sent for their Masters too doctoral studies nether the sponsorship of PTDF, on the possibility of either setting upward branches of their institutions inward Nigeria or collaborate amongst local universities inward Nigeria, especially those whose crude too gas related departments convey been fully upgraded yesteryear it to locomote ‘centres of excellence’ inward teaching too research.

PTDF: partnerships betwixt local too oversea universities

The disceptation noted that the Executive Secretary of PTDF, Mr. Femi Ajayi, held interactive sessions amongst officials of the Imperial College London too the University College London every bit good every bit Nigerian scholars, too stated that such a partnership volition so forth shape the Blue Planet for the Fund’s futurity human relationship too co-operation amongst universities providing preparation too enquiry to its scholars abroad.

“This is because nosotros convey institutions inward Nigeria which PTDF has over the years been upgrading. So, nosotros desire a province of affairs where at that topographic point volition live on to a greater extent than co-operation betwixt universities out hither too our universities dorsum home, too nosotros convey some faculties that nosotros convey developed or upgraded every bit an means where some of these curt term too long term courses tin live on run.

“So, nosotros are discussing the diverse modes of partnership too collaboration towards moving along this line,” Ajayi was quoted to convey said inward the statement.
The disceptation explained that PTDF has every bit business office of its mandate of enhancing the institutional capacity of universities offering crude too gas related courses, upgraded non less than 24 departments inward universities every bit good every bit developed crude too gas polytechnics from scratch.

Ajayi inward this regard, said some of these upgraded facilities convey locomote centres of academic excellence for crude too gas related courses inward Nigeria.

He said: “So, it is along this describe of piece of work that nosotros volition desire our partners to operate out some form of partnership amongst them amongst a sentiment to doing something locally, because the challenge of manufacture relevance of enquiry is too pointing us to that direction.

“If y'all partner amongst a local establishment that is really about what the challenges too problems are inward the crude too gas manufacture inward Nigeria, y'all belike volition live on able to construction your enquiry along that describe of piece of work too that volition ensure that the teaching nosotros are giving to these people are demand based too enquiry oriented.”

He said that inward the immediate, PTDF plans to usage the National Institute of Petroleum Policy too Strategy, Kaduna, developed yesteryear it every bit the co-ordinating centre for option position out energy sources too renewable position out energy resources too called on unusual universities to come upward on board amongst it inward realising the project.

Addressing concerns too challenges

The disceptation farther noted that students, generally doctoral scholars had at the interactive session raised serious concerns on the domestication too commercialisation of their enquiry results which they alleged are currently appropriated yesteryear their universities of study.

The scholars it said are worried that their enquiry efforts are rather benefiting U.K. companies too industrial concerns.

Ajayi even then agreed that patenting too commercialisation of enquiry results is the way forward, simply regrets that getting to a greater extent than spin off or multiplier number from enquiry yesteryear PTDF scholars has been a problem.

He noted every bit a way out, PTDF would so forth live on to a greater extent than inclined to render projection based sponsorship.

On the number of payments too remittances for the scholarship programme, Ajayi said that electrical flow realities amongst regards to the unusual central regime necessitated a shift inward policy of denominating the scholarship payments from naira to hard currency.

He said: “We volition straightaway denominate the scholarship inward pound sterling because this unusual central volatility has posed a serious challenge.

What volition tumble out straightaway is that piece nosotros denominate it inward hard currency, nosotros volition proceed to pay inward naira too this volition laissez passer on us the chance to pay according to the prevailing central rate, then yesteryear that way nosotros are solving the work of procuring unusual central without causing unnecessary difficulties to the scholars.”

Punch, ThisDay Live

Related: PTDF Scholarships for Undergraduate too Graduate (Masters, PhD) Nigerians

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