AjanleKoko:

Nobody did answer my question though. The Igbo chaps who finance their proteges in business - is that a gift also?

AjanleKoko: Heck, the former Bank PHB at some point was marketing loans for further study. But of course, once that money got to Nigerians, they absconded.

AjanleKoko: It has been a good read.
However, 99% of the Yays and Nays have been from a sentimental viewpoint. The truth is, there is no free lunch. And foreign education is not a necessity, it's a luxury. No employer in Nigeria asks expressly for foreign degrees. If people want to travel they should just say they want to travel. All that 'the educational system in Nigeria has collapsed' is just sentimental crap.

BANK PHB Plc is offering loans to Nigerians who wish to take advantage of the education and career development opportunities available in the United Kingdom.
The loan facility which is tagged the “Bank PHB UK Education loan” is aimed at encouraging eligible Nigerians to study in the UK universities through the provision of education finance facility.
The loan facility is a partnership product between Bank PHB and the British Council office in Nigeria, and is available for undergraduate and postgraduate studies in universities recognized by the British Council.
The facility is available to parents and guardians who wish to give their children or wards quality education in UK higher institutions, students who wish to pursue higher education in the UK and working individuals who want to pursue any undergraduate or postgraduate course in any UK university recognized by the British Council.
Parents who wish to assess the loan are required to have regular source of income or acceptable convertible collateral, while a student assessing the loan will be required to have a sponsor with convertible collateral who would assume the responsibilities of the borrower.
To assess the loan, parents or students are required to open a UK Education Account in the bank and build it up to 10 per cent of the school fees as advised by the school in question.
The built up amount, which is treated as refundable security deposit, attracts interest and is domiciled in a non withdrawal UK Education Account, held in the bank till the completion of academic programme.
The UK Education Loan covers 80 per cent of the school fees, accommodation, maintenance and flight tickets.

yamakuza:

my guy, just dey look ...

dis matter, no be today e start.

sisieko2001:

STFU !

stop talking about things you know nothing about.

Bank PHB was not offering the study loans for free. they demanded collateral - in the form of landed properties (the property must have C of O, which is fully verified) or stocks and shares (when the Nigerian stock market was booming)

the scheme ended up being unprofitable for the bank - thanks to the stock market crash.

but to say nigerians absconded after securing the loan from the bank is just you as usual displaying your ignorance

sisieko2001:

you are just re-echoing what you are well known here for - your disdain for foreign education.

if your post was simply all about people's views on acquiring foreign degree or not, i would have just ignored this thread.

but opening your dirry mouth to say someone from the average Nigerian school with an average degree and without a job like an average jobless nigerian youth cannot make it anywhere else and supporting such individual's desire to seek a foreign degree to broaden his opportunities in the challenging world we are in now is a waste of money shows that you are just a mean, old fool with a black heart who looks down on others and thinks he is all knowing and because you have a manageable career, so one else can do any better

sisieko2001:

you are just re-echoing what you are well known here for - your disdain for foreign education.

if your post was simply all about people's views on acquiring foreign degree or not, i would have just ignored this thread.

but opening your dirry mouth to say someone from the average Nigerian school with an average degree and without a job like an average jobless nigerian youth cannot make it anywhere else and supporting such individual's desire to seek a foreign degree to broaden his opportunities in the challenging world we are in now is a waste of money shows that you are just a mean, old fool with a black heart who looks down on others and thinks he is all knowing and because you have a manageable career, so one else can do any better

NovusHomo: I will never do it, I swear to God. Two reasons:
1.These are, for the most part, average and most often below average students. They are so ignorant and do not to know anything about their rights. Now, bring them to a place like the USA and soon as they 'open eye' small they start claiming rights they never knew existed: right to shelter, food, education, health care; right to hang with the wrong crowd, sag their pants, stay out all night, etc., etc.... Now do not misunderstand me, but these put excess pressure on the kind sponsor.

2. If 'condition make crayfish bend', the owner should deal with the situation. If they cannot stand up and demand the afore-mentioned rights from Nigeria's rulers, if they are too scared to ask for an account of how public funds are spent, why should anyone else pick up the tab? It might sound brutal but it is the reality on the ground. In the particular (peculiar) context of Nigeria, helping people amounts to reimbursing their money that is stolen by others, not the helper. Unless the helper has access to public funds. In that case, well... By the way, this uncle doesn't give a crap.

ARISE, O COMPATRIOTS!

oyb:

you are a very good reason for this thread - imagine having to sponsor a lout like you through university - you can't even write coherent english

and you are slow to boot

i posted a link to your post history and quoted one of your posts

since you want to play rough. . .

https://www.nairaland.com/983400/please-need-experienced-career-advice

you are indeed doing very well. i pity the poor kids who will have an incoherent lout like you as a role model

jack of all trades and master of internet BS. money don enter bush finish.

your uncle first wasted money sending you to do microbilogy, which you found out you 'were not cut out for ' after 3 years

then IT project mgt

you then jumped to NIM

then to project management

then to lag biz school

now you are running around asking what should i do

all that money was clearly wasted.

your uncle should have found some one who didn't have his head in his arse - and the person would have sorted himself/herself out after one degree. the way you're going, i can see more courses in your future - perpetual student - thats what happens when you have no responsibility for fundin your education

small wonder aj dey vex on career board.



sorry o , this lumideezle to the weezle has faulted your assertion big time

ifyalways: @topic, I see it as a responsibility, one that must be done as long as the money is available and the relative/student is the serious type.
I grew up in a culture, environment where family ties bind tight. Each child is a collective responsibility and every adult contributes to support, be it in academics or any other pursuit.
I had aunts, uncles and even long distant cousins who at various times gave me textbooks, school pocket monies even paid lesson fees etal for me so now I can only but extend same measure to other relatives, no 2 ways about that !

ifyalways: @topic, I see it as a responsibility, one that must be done as long as the money is available and the relative/student is the serious type.
I grew up in a culture, environment where family ties bind tight. Each child is a collective responsibility and every adult contributes to support, be it in academics or any other pursuit.
I had aunts, uncles and even long distant cousins who at various times gave me textbooks, school pocket monies even paid lesson fees etal for me so now I can only but extend same measure to other relatives, no 2 ways about that !

ifyalways: @topic, I see it as a responsibility, one that must be done as long as the money is available and the relative/student is the serious type.
I grew up in a culture, environment where family ties bind tight. Each child is a collective responsibility and every adult contributes to support, be it in academics or any other pursuit.
I had aunts, uncles and even long distant cousins who at various times gave me textbooks, school pocket monies even paid lesson fees etal for me so now I can only but extend same measure to other relatives, no 2 ways about that !

ocelot2006:

Again I ask: IS IT YOUR MONEY? Did you give me/your relative a damn kobo? If you still feel butt hurt about that, do me a favour-go and give a live NEPA transformer a lapdance. Nonsense.

coogar:

this is the idiocy you guys wear like a badge of honour....it's not about being my money or whatever you wanna call it. it's about being charitable and responsible if you are capable!
what you troglodytes don't know is the phenomenon is mostly cyclic. people don't just ask for these favours without feeling a remote sense of entitlement!

for instance, chief okoro sponsored emeka's postgraduate studies abroad 20 yrs ago, emeka later became successful in his profession while chief okoro's now retired with kids still struggling to forge ahead in their career. is it irrational for chief okoro's son to seek help from emeka?

AjanleKoko:

Sharon,
I honestly think you'd fare better on a topic related to Manchester United's poor preseason

AjanleKoko:
But seriously now. Charity is very different from what we are discussing here. Sending people to college abroad from Naija can't be classified as charity. Sending kids to primary school in Naija can be classified as charity.

coogar:

that's because you are a pillock with poop for brains.....a team that's yet to lose a single game is having a poor preseason? yet you wonder there are more intelligent horses than you @ the olympics....you started a dumb topic - you are being called out and faced with tough questions, you have resorted to ebonics known to kids suffering from trisomy 21.

far majority of the people who pursue relatives aggressively for this kind of aid do so because they feel entitled to it. probably because they know this relative of theirs was also helped at one point in their lives. how many total strangers have knocked on your father's door begging £40,000 to school @ imperial college!

i have always known you to be an airhead - you are a witless apprentice. i have never seen you make an intelligent comment anywhere apart from the same archaic and vacuous reasoning. if you feel challenged, stop hiding behind the curtain and show me how clued up you are in critical reasoning...... i have thrown down the gauntlet!

AjanleKoko:

This thing dey pain you ga-an sha!
I bet your hoping your benefactor isn't reading this, and having a serious rethink about your stipend

ade101: Thanks to everyone for giving this dude a fair slap in the face.At first, he expected comments that will support his pathetic point view.The many non-supportive comments seen so far goes to show how wrong you are.I would be glad if you and others like you can learn from those comments. Thanks.