Nigerians have spent $609.5m on foreign education between January and August 2022, according to Central Bank of Nigeria.
In January 2022, the apex bank noted that a total of $60,202,730.84 was spent on foreign education, while noting that $69.9m was spent in February 2022.
In March 2022, there was a significant increase as the bank stated that $87.26m was spent.
The figure for May 2022 was stated as $82.70m.
Further analysis revealed that in June 2022, the apex bank released $84.90m, while a total of $61.99m was released in July 2022.
