Senator representing Bayelsa East Ben Bruce has critically challenged President Muhammadu Buhari for putting a ban on Forex for Nigerian students schooling abroad, when his children are benefiting from it.
Buhari in an interview with Aljazeera last week revealed that the Federal government will henceforth not be making provisions of foreign exchange allocation for Nigerians schooling abroad or those seeking medical treatment overseas.
This position is contrary to that of the CBN, which had stated in a communique last month that it had not banned the allocation of foreign exchange for education and medical bills.
“The Central Bank of Nigeria (CBN) wishes to clarify to the general public that it has NOT stopped the allocation and sale of foreign exchange for purposes of paying school fees and settlement of medical bills overseas,” Ibrahim Mu’azu, the apex bank’s Director of Corporate Communications, said.
However in a recent interview with AlJazeera, Buhari overruled the CBN, insisting that it will henceforth, not be making such provisions as Nigeria’s present economic state cannot afford it.
“We can’t just afford it. That is just the true situation,” he said.
Disappointed at the development, Murray-Bruce, who has been very critical of the current administration, said the president ought to be sensitive about the needs of the people.
The Senator who reacted via his Facebook page on Monday said: “It’s awkward for a leader to say no Forex for education for our kids schooling abroad when his own kids school abroad!
“Mr. President, these are people who voted for you. You ought to be more sensitive about their need for Forex for education.
“This year all tiers of government, including the presidency, will spend billions importing cars. If we can afford that, can’t we afford forex for education?
“What do we expect parents whose kids have spent 2 years in schools abroad? Should their kids drop out after going so far?
“It’s not a matter of those who can afford it. The parents aren’t saying they can’t afford it. They’re saying they can’t get Forex for education.”
Nigerians schooling and receiving medical attention abroad have been complaining following the CBN’s discontinuance of allocation of foreign exchange to them. They have described the action as.
This position is contrary to that of the CBN, which had stated in a communique last month that it had not banned the allocation of foreign exchange for education and medical bills.
“The Central Bank of Nigeria (CBN) wishes to clarify to the general public that it has NOT stopped the allocation and sale of foreign exchange for purposes of paying school fees and settlement of medical bills overseas,” Ibrahim Mu’azu, the apex bank’s Director of Corporate Communications, said.
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