An Association, Nigeria Diaspora Youth Ambassador (NDYA) has lamented the hitches, restrictions and drawbacks consistently encountered by Nigerian students in the diaspora in the Central Bank of Nigeria (CBN) approved foreign transfer transactions with particular reference on form A.
Form A is a service that allows students to pay for foreign tuition via CBN with the official foreign exchange rate rather than using the black market.
In a statement signed by NDYA President Amb. David Victor and the deputy ambassador Comrade Samson Ameh Imaben on Tuesday, the group said Nigerian students abroad are mostly the victims of these anomalies.
“It has frustrated their school fees, welfare and logistics budgets,” it said.
“As a mouthpiece of Nigerian Youths in Diaspora, the Nigeria Diaspora Youth Ambassador specifically implores the relevant authorities, Central Bank of Nigeria and all concerned personnel to act swiftly to quell these ills as it is ravaging the peace of our compatriots living outside Nigeria.
“It is also our appeal that the transactions already hooked up in different banks be urgently rectified as it is a serious peril to the convenience and livelihood of our compatriots in Diaspora.
“We hope to continue to lift the revered national colours through informed team spirit, synergy and national bond,” the statement reads.