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Out-going Minister of Education, Mrs Obiageli Ezekwesili, has announced the merger of the Federal Scholarship Board (FSB) with the Education Trust Fund (ETF).
Speaking on the occasion, Ezekwesili said the merger would form an integrated Education Finance Agency of the ministry. She said the scholarship division of the ministry was charged with the responsibility of rewarding, promoting and encouraging academic excellence in the nations educational system, but failed to achieve the desired results.
Represented by the Minister of State for Education, Dr Adewunmi Abitoye, Ezekwesili said the board was also established to develop the human capital for the nations development. She pointed out that the services of the board were not felt or enjoyed by deserving Nigerians because the sector was bedevilled by inefficiency, lack of clarity in policy actualisation and stability in funding.
More : allafrica.com
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