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Win Cash Prizes and Lots More in the 2023 Nigeria Higher Education Foundation Essay Competition

Nigeria Higher Education Foundation
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About the Nigeria Higher Education Foundation 2023 Essay Competition

The Nigeria Higher Education Foundation (NHEF) is pleased to announce its 7th Annual Scholarship Essay Competition. As always, the Essay competition aims to provide a unique platform that supports critical thinking amongst university students on topical socio-economic issues that are important in Nigeria’s sustainable growth and development.

Considering the country’s current financial and economic situation, this year’s competition focuses on “The CBN Naira redesign policy and its effect on the Nigerian economy & the consequence of increased brain drain on the economy”.

They encourage motivated students from all Nigeria Higher Education Foundation Partner Universities to apply and look forward to receiving your entries.

Essay Topics

Choose One Between the two questions below

1. Leading to the recent currency redesign policy, the Central Bank of Nigeria reported that about 84.71% of the N3.23 trillion currency in circulation was outside the banking system. A situation described to be a risk to its currency management responsibility.

Using relevant examples, critically analyze the pros & cons of the monetary policy implementation and provide recommendations to the CBN for future policy implementation based on the consequent challenges experienced nationwide.

2. Article 13, section 2 of the Universal Declaration of Human Rights states, “Everyone has the right to leave any country, including his own, and to return to his country“.

This statement agrees with the Nigerian constitution on the Right to Freedom of Movement. However, a significant increase in brain drain can be classified as an anomaly for any economy.

Critically analyze the factors causing human capital flight in Nigeria and recommend relevant solutions to safeguard the country’s economic growth and development.

Content Prizes

*The online certificate course may not exceed $100 on Udemy, Coursera, Alison or EDX.

**1-year internet subscription estimated at 24Gb on the winner’s preferred mobile network.

Eligibility Requirements

Essay Criteria for Nigeria Higher Education Foundation Essay Competition

Essays must abide by the following guidelines prior to submission:

SUBMISSION PROCEDURE

This link contains a helpful guide on how to avoid plagiarism.

APPLICATION PORTAL GUIDE

TERMS & CONDITIONS

Scholarship and Award prizes will be automatically revoked if the student does not attend an eligible NHEF Partner University. Winners will be announced online and via social media channels (NHEF Facebook account, NHEF Instagram account, NHEF Twitter account, and NHEF Website).

Winners will be contacted using the information provided during application submission. The NHEF will make reasonable attempts to contact winners following official announcements – failure to claim prizes within 30 days of the announcement date and/or unsatisfactory academic standing/academic probation will result in immediate forfeiture.

 

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