Education
Preparing Your Child for Study Abroad
By FBNQuest
Parenting is a full-time job no one prepares you for. First off, you are putting someone’s life, cares and burdens over yours consistently for the reward that takes the form of an indescribable love you feel when you look at your child.
That desperate desire to give this other human being everything that you never had and more, while always thinking about their best interests and preparing for their future. Such is the path of parenting which often leads you to make the move to prepare them for a study abroad in the first place.
Education is an investment that provides a firm foundation for the future and the better the quality of education, the higher the chances are of securing an enriching or fulfilling future, which is what you are probably looking to afford for your child or ward.
Although, affording quality education for your child is easier said than done, especially if you are considering education in a foreign country. But it does get easier with the right plan and preparation ahead of time, so you don’t have to worry about the next move to make for their progress. How exactly should you prepare to give your child this quality education abroad? Below are a few helpful tips for every parent preparing their child for education abroad.
Create a Checklist
Firstly, you will need to make a list of every requirement for your child’s education abroad. From information about the school and region you are considering to requirements for the study and immigration, you would need to take everything into consideration before your child leaves and tick the boxes once each task is completed. This will help you keep track of your progress and serve as a record of your activities, so you would not miss anything important. This list should include timelines, deadlines, cost implications, long and short term steps.
Review the Region, School and Course of Study
The next step is to work with your child to determine what their plans and aspirations are and guide them through choosing courses as you prepare them mentally for the journey. Also, work with them to choose schools that offer courses related to their shared plans.
Please note that Ivy league schools for example are not in the same financial category as state universities. These are factors that you should consider as a parent or guardian when you are making school choices with your child/ward.
Make Emotional and Physical Preparations
Once you decide to send your child abroad to study, you need to prepare them emotionally and physically. Prepare them to be independent, to be able to be away from home, to be able to make spur of the moment decisions without consulting you.
Also, teach them how to be financially independent. They need to know how to budget, plan and spend without you looking over their shoulders. Prepare them emotionally to be goal-oriented and remember where they find themselves, there is a goal and their eyes should always be on the ball.
Register for External Examinations
A couple of external examinations are a prerequisite for admissions in most Western countries. These exams differ by country sometimes and by the school too.
There is the International English Language Testing System (IELTS), Test Of English as a Foreign Language (TOEFL), Test de Connaissance du Français (TCF) and Test d’Evaluation (TEF) for Francophone countries, International General Certificate of Secondary Education (IGCSE) for the United Kingdom, American College Test (ACT) and Scholastic Assessment Test (SAT) for the United States of America, Deutsche Sprachprüfung für den Hochschulzugang (DSH) and German as a Foreign Language (TestDaF) for Germany just to mention a few. Ensure your child is prepared for these exams and that their results meet the criteria provided by the alternatives you have both decided on.
Get the Required Documentation
There is an extensive list of documents that cannot be obtained overnight.
- A passport is extremely important because it is needed for them to even leave the shores of your home country.
- A Student Visa allows your student to live abroad for a specified period. Each country has a different application process. You can visit the school’s website for the embassy or consulate of the country they are travelling to. They should provide you with all the necessary details you need for the visa application process.
- International Certificate of Vaccinations should also be considered especially in light of the COVID-19 Vaccine which is now a travel prerequisite. As you prepare these documents, do not forget to make copies before your child leaves.
Schedule a Health Check
Schedule doctor visits before your child leaves. Some schools and visa application processes make health and medical checks mandatory. Ensure your child is in good health and can take care of themselves or manage a health condition on their own.
In cases where the child has pre-existing medical conditions, be sure to inform the school and make accommodation choices based on proximity to clinics and or weather information and convenience. Ensure to also get a health insurance cover that will step in if they need it.
Make Funding Arrangements
Securing citizenships, visas, enabling environments via vacations are fantastic and being proactive. However, it would be prudent for you to start planning financially even before the child is born.
Proactive planning will help you save money, take away the pressure, prepare you and your child for the future and generate dividends for the present. You can consider the products offered by FBNQuest that support children’s education such as the FBN Children Education Trust and the FBN Education Endowment Plan.
Here are a few ideas to help you build up funds for your child’s education abroad.
- FBN Education Endowment Fund – The FBN Education Endowment Plan is a goal-based investment management solution specifically created to help parents/guardians save for their children’s education and ensure continuity of their education by providing added benefits such as Insurance and Trust. The good thing about this plan is that it is time-based. It can span for as long as 5-10 years and as short as 6 months. It allows for flexible contribution plans so you finance hassle-free. It also assures that all education needs will be met.
- Liquidity Management – Stacking up shares and stocks and liquidating when you need physical cash is another means of planning for the beautiful future that you want for your child. However, there is a need to work with a portfolio manager who can advise you on what stocks and shares to buy, when to buy and then to sell to grow the education funds for your child’s study abroad. FBNQuest offers excellent liquidity management solutions.
- Mutual Funds – Mutual funds as an investment plan provides you with access to investment markets by pooling your money with the money of several other individuals with similar investment goals. This allows you to diversify your investments and assists with minimising the potential risks typically associated with investing.
It’s flexible and allows you time to be consistent at depositing or to just put in what you intend to multiply for future use. FBNQuest offers a wide range of mutual funds to invest in, including; FBN Money Market Fund, FBN Bond Fund, FBN Balanced Fund, FBN Eurobond Fund, FBN Smart Beta Equity Fund and FBN Halal Fund.
- FBN Children Education Trust – An educational trust specifies that trust funds are to be used for education. In the trust document, the grantor names a trustee and beneficiaries, and also specifically states your true intention and goals and details on how the trust money is to be used. You can create an education trust fund for your child and the Fund shall be locked up for an initial minimum period of 2 years before withdrawals can be made.
Conclusively, education on its own is an investment and giving your child the best is an investment into the future and this comes with a price. However, preparing and planning with a holistic strategy makes your child’s experience whole and hassle-free.
Education
FG Halts Proposed Fee Hike for 2027 WASSCE, NECO Examinations
By Adedapo Adesanya
The federal government has suspended the proposed review of registration fees for the 2027 West African Senior School Certificate Examination (WASSCE) and the National Examinations Council (NECO) Senior School Certificate Examination (SSCE).
The Federal Ministry of Education made the announcement on Monday in a statement signed by the Director of Press and Public Relations, Mrs Boriowo Folasade.
The ministry announced that the letter conveying the proposed fee adjustment, dated June 18, 2026, has been withdrawn to allow for a comprehensive review and broader consultations with all relevant stakeholders before a final decision is taken.
The Minister of Education, Mr Tunji Alausa, directed that the proposal be placed on hold, with the Ministry acknowledging the concerns and constructive feedback received from the public since the planned increase became known.
The Ministry said the proposed fee review was driven by rising operational costs that have accumulated over several years without a corresponding adjustment to examination registration fees.
It said the current fees have remained largely unchanged for several years despite significant increases in costs covering logistics, security, printing of examination materials, technology deployment, quality assurance and other services required to maintain the integrity of public examinations.
“The proposed review was informed by the prevailing economic realities and the rising cost of conducting credible national examinations,” the statement said.
“The current examination registration fees have remained largely unchanged for several years despite significant increases in operational costs,” the Ministry added.
The ministry said the proposed fee hike will no longer take effect as earlier planned, while acknowledging that the concerns raised by Nigerians warranted a pause in the process.
“The proposed review of examination registration fees will not take effect, as earlier communicated, pending the conclusion of the consultation process,” the statement confirmed, adding that the June 18 letter conveying the proposed adjustment has been formally withdrawn.
“This decision underscores the Ministry’s determination to ensure that policies affecting millions of Nigerian students and their families are carefully considered, socially responsive and reflect the collective interest of the nation,” it said.
The Ministry outlined a fresh stakeholder engagement process that must be concluded before any decision on examination fees is made, signalling that the review has been delayed rather than permanently shelved.
The Ministry said it will engage extensively with examination bodies, state ministries of education, school proprietors and administrators, parents’ associations, organised labour and other education stakeholders as part of the renewed consultation process.
It said the goal of the consultation is to ensure that any future decision is “fair, sustainable, transparent and responsive to prevailing realities while safeguarding access to education,” framing the suspension as a course correction rather than an outright reversal of policy intent.
“The Ministry acknowledges the concerns and constructive feedback received from the public and appreciates the keen interest shown by Nigerians in matters relating to access to quality education,” the statement read.
The Ministry assured Nigerians it would keep the public fully informed throughout the consultation process, saying the welfare of students and equitable access to quality education “remain at the heart of the Renewed Hope Agenda of President Bola Ahmed Tinubu for the education sector.”
Education
FG Raises WAEC, NECO Examination Fees by 82% to N50,000
By Modupe Gbadeyanka
The examination fees of Senior School Certificate Examinations (SSCE) conducted by the West African Examinations Council (WAEC) and the National Examinations Council (NECO) have been increased by the federal government by about 82 per cent to N50,000 from N27,500.
A circular signed by the Director of Senior Secondary Education in the Federal Ministry of Education, Mr Adeniji Ibrahim, disclosed that the new fees would become effective in 2027.
In the notice, it was disclosed that the government approved the upward review of the fees following a request by WAEC.
It was further disclosed that the decision to jack up the fees was reached after a March 31, 2026, meeting between the Minister of Education and examination bodies, where the need to review examination fees was discussed.
“You may recall that at a meeting of examination bodies held with the Minister of Education on March 31, 2026, where the need for upward review of examination fees was discussed, the Minister directed that WAEC and NECO should adopt a uniform fee for the conduct of WAEC and NECO SSCE,” the statement read.
“Consequently, I am directed to convey the Minister of Education’s approval of the sum of N50,000 only, as the new examination fee per candidate, with effect from NECO SSCE (Internal), 2027,” it added.
Education
FIRST E&P Backs Next Generation of Nigerian Engineers at Olympiad Finale
**Modibbo Adama University Emerges Grand Prize Winner, Secures N50m
A leading integrated independent exploration and production company with full-cycle upstream delivery capability, FIRST Exploration & Petroleum Development Company (FIRST E&P), has reaffirmed its commitment to developing Nigeria’s next generation of engineers.
This commitment was highlighted during the grand finale of the maiden edition of the Nigerian Engineering Olympiad (NEO), held on Tuesday, June 30, 2026, at Eko Hotel & Suites, Victoria Island, Lagos.
The event recognised outstanding student innovators whose engineering solutions addressed real-world challenges, marking the culmination of months of regional qualifiers, prototype development, mentorship and boot camp sessions that equipped students from universities and polytechnics across Nigeria with practical skills in engineering, innovation and entrepreneurship.
The Olympiad attracted 984 participants across 375 teams from more than 80 tertiary institutions representing all six geopolitical zones of the country.
Delivering the sponsor’s address, the General Manager, Engineering and Capital Projects, FIRST E&P, John Alamu, emphasised that the competition reflects the company’s commitment to equipping students with the practical knowledge and innovative mindset required to excel in engineering and strengthen Nigeria’s future workforce.
Alamu, noting that initiatives such as the Engineering Olympiad provide a structured platform for young talent to transform innovative ideas into practical solutions that contribute to the country’s technological and industrial advancement, stated that, “FIRST E&P believes that developing STEM capacity is an investment in this country’s ability to solve its own problems. The Nigerian Engineering Olympiad has taken young engineers and taught them to think beyond the drawing board, and FIRST E&P is proud to have been a funding partner for this initiative. I commend NCDMB for championing the Olympiad and Enactus Nigeria for successfully delivering a platform that is helping shape the next generation of Nigerian engineers and innovators.”
In his address, the Executive Secretary of the Nigerian Content Development and Monitoring Board (NCDMB), Engr. Felix Omatsola Ogbe, represented by the Acting Director, Planning, Research and Statistics, Silas Ajimijaye, expressed appreciation to FIRST E&P for their unwavering support in successfully delivering the Olympiad.
Ajimijaye added that the initiative aligns with the Federal Government’s Nigeria First Policy, which aims to build indigenous engineering capacity and equip young Nigerians with the knowledge and skills needed to drive industrial competitiveness, technological advancement, and sustainable national development.
The competition concluded in the awarding of prizes, with Team Mavericks of the Modibbo Adama University of Technology, Adamawa State, winning the grand prize of N50 million and a Centre of Excellence building for its Faculty of Engineering.
The team’s winning innovation, Ubuntu Sapphire, is a community-powered rapid alert system that uses affordable devices to instantly notify neighbouring households and emergency responders during emergencies, offering a practical solution aimed at strengthening community security and emergency response infrastructure.
Speaking after receiving the award, Team Lead, Dr David Patrick, expressed gratitude to the organisers and sponsors for providing a platform that fostered innovation and practical learning.
The University of Ibadan emerged as the first runner-up, receiving N30 million and N75 million worth of engineering equipment for its Faculty of Engineering. The University of Nigeria, Nsukka, secured third place and was awarded N20 million and N50 million worth of engineering equipment. The University of Jos finished fourth, receiving N10 million.


