{"id":49370,"date":"2017-07-07T15:51:41","date_gmt":"2017-07-07T14:51:41","guid":{"rendered":"https:\/\/buzznigeria.com\/?p=49370"},"modified":"2021-10-26T19:47:57","modified_gmt":"2021-10-26T18:47:57","slug":"ptdf-scholarship-scheme","status":"publish","type":"post","link":"https:\/\/buzznigeria.com\/ptdf-scholarship-scheme\/","title":{"rendered":"Petroleum Technology Development Fund (PTDF) Scholarship Scheme – All You Should Know"},"content":{"rendered":"

The Petroleum Technology Development Fund (PTDF) was established in 1973 by Act No. 25 of 1973, which replaced the Gulf Oil Company Training Fund (Administration) Act, 1964 and vested in the Fund all the assets and responsibilities of the defunct Gulf Oil Company Training Fund.<\/p>\n

The PTDF Act in its definition clause states that it is \u201cAn Act to repeal the Gulf Oil Company Training Fund (Administration) Act 1964 and to establish the Petroleum Technology Development Fund for the purposes of training and education of Nigerians in the Petroleum Industry\u201d.<\/p>\n

From the time it was established, the PTDF operated only as a desk in the Department of Petroleum Resources (DPR) until the year 2000 when it was reconstituted and made a fully functional, independent parastatal.<\/p>\n

After its reconstruction in 2000, the fund has vigorously pursued its mandate which hinged on 3 focal areas, thus:<\/p>\n