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The agency, PTDF said it will announce the procedure for applying for the scholarship to interest students in the coming week.

Aliyu Gusau, the Fund’s Executive Secretary during the induction ceremony for its 2018\2019 Overseas Scholarship Scheme for MSc and PhD scholars said candidates that will be selected for Nigerian universities will be higher those of the foreign scholarships.

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Gusau according to Daily Trust also that scholars must henceforth complete their programmes within the stipulated time, as the Fund will no longer condone any form of extension, “except in extenuating circumstances.”

He added that PTDF would not be liable for any extension beyond the recommended periods.

“This means that you must finish within the stipulated time, which is about 36 months for PhD scholars and for those going for MSc programmes…For this particular scholarship programme, we have about 122 MSc students and 76 PhD scholars for the UK.” He said.

Also speaking at the ceremony, the spokesman for the Fund Mr Kalu Otisi said, “We will be issuing out the request for interested candidates to apply. It will be advertised in newspapers within next week, hopefully. The window will be open up to September for those interested in the undergraduate, Masters and PhD scholarship in Nigerian universities specifically federal universities.”

The Petroleum Technology Development Fund (PTDF), the Federal Government agency with the mandate of developing indigenous human capacity and petroleum technology to meet the needs of the oil and gas industry.

The fund has scholarship scheme for Nigerian students to study abroad and in Nigerian universities.