texazzpete:
this is utter rubbish.

While it can be seen as a luxury to send your kids overseas to school, we must never forget that it is a KEY mechanism for knowledge transfer, and remains one of the best ways to
1) TRansfer knowledge and modern trends in medicine, science and technology and other fields

2) Ensure the next generation of lecturers and academics have the most exposure to the latest developments

I much rather the Govt continues aiding students to get access to forex at official rates than keep lavishing our precious forex on dinosaurs like Dangote that pay barely any tax.

Le2money:
I av nothing to say than.....Keeping My PVC card and THUMB safe for a better candidate come 2019....."VISION 2019"

AZeD1:

How do you stop rounding tripping of the dollar?

lookandlaff:


Nigerians dont want to change their ways and keep looking for some imaginary leader to come and solve their problems without personal sacrifice.

If I were you I would embrace the pain and stick it out because nothing good comes easy, and you cant solve a problem by doing the same things that got you in the problem in the 1st place.

Let me end by saying something. Leaders like Awo, Zik and Balewa are long gone. Buhari is the last of a generation of altruistic leaders that can galvanise even the corrupt into a change of orientation. He needs the support of us all, for our own sake not his, because if we fail to get it right now, I promise you with the pysche of the average Nigerian.....we never will.

id4sho:

ptdf will get the pounds at the official rate and disburse. Thank me later

989900:


And they all got educated in foreign schools at one time or the other -- actually all our great leaders did.

Even first world countries do exchange programs.

How did Japan and China catch up with the west?

And we want to be like them . . .LMAO.

190:
useless man

bigtt76:
Thank God I sorted my fees long before all these mess ...wonder how I for survive! Sometimes sacrificing comfort pays

Bluffly:


I am a study abroad agent but I must say the truth. We have not seen any significant effect on our environment since Nigerians have been studying abroad. The opportunity has been reduced to obtaining the certificate rather than skill transfer. Studying abroad is synonymous to travelling globally. Our leaders are well travelled but we can't see the significance of their exposure in our society. In as much as I am not happy with the development, I can not outrightly blame Buhari.

Nnemuka:

gbam

incase you have a child in his final year at the university studying medicine or "avionics" abeg send him back to Nigeria to continue from osun state university. no time.

Nigeria cannot afford to subsidize, we only subsidize when our moslem brothers want to go on pilgrimage to mecca.


sai changi

BUSHHUNTER:
You sent your children abroad and you want the federal to pay for their school fees?....Gosh! Nigerians are so silly.




Who does that?

banki:


Bros it's simple economics...
Let me ask you and be sincere if you were in the president's shoes with the current fall in the price of crude and the fact that forex is scarce please tell me what you will do?

ofedegbe:

I will ask you this only once
are you a half-baked undergraduate or a half-baked graduate
you obviously didn't read the post

Nnemuka:

gbam

incase you have a child in his final year at the university studying medicine or "avionics" abeg send him back to Nigeria to continue from osun state university. no time.

Nigeria cannot afford to subsidize, we only subsidize when our moslem brothers want to go on pilgrimage to mecca.


sai changi

texazzpete:


Please, be serious.

How are our lecturers who were largely trained in the 80s or 70s supposed to pass on modern trends and recent developments to the new generation?
There are a LOT of Nigerians who just go and come back to get the certificate, but there are plenty others who come back to add value. do you know how many new IT millionaires and employers of labor we have now in Nigeria, instituting new tech and new ways of doing things?

The guys behind Smile internet, you think their further studies were done in ABSU? Mark Essien founded hotels.ng, Nigeria's biggest hotels booking site with an annual turnover in hundreds of millions, if not billions. he learnt how to be a Software developer in Berlin. My friend is specializing in nuclear medicine in South Africa, and will return to be one of the foremost in that field in Nigeria. Another friend moved from Uniben to Oxford, returned to be a leading light in internal revenue generation, lectured part time in LBS and is now working with external investors and partners to build Nigeria's first cancer center.

And these are just a few examples.

Just because you only follow the lives of a few desperate fellows who just want to emigrate, It doesn't mean there aren't tons of Nigerians coming back to make a difference. How else will we get any modern knowledge in mechatronics, robotics, computer engineering, advanced farming techniques etc that aren't taught as well here?

I have been a Buhari supporter for a LONG time. But he GOOFED badly here, and betrays how out of touch he really is.

BUSHHUNTER:



After seeing your signature I can see you are a dropout...stay off my post dunce.

lookandlaff:



Was there a university in Nigeria when AWO, ZIK etc went abroad to school? I have said this before, the biggest problem in this country is the mniddle class, the same people who got world class education from Universities like Ui, ABU, Nsukka, OAU are the ones who gave nothing back to socirty and now cant send their kids to the same schools that educated them and are crying. The children of the masses have been enduring susbstandard education for decades (you only have to read any random page on Nairaland to know we are producing dullards) but middle class Nigeria didnt care, now that it affects their kids they are crying.


If you are forced to educate your kids here, you will pay more attention to our educational institutions.

EbolaParasite:


Ignorance!!
The amount spent on foreign student fees is insignificant when compared to the forex needed to import pms, pharmaceuticala, agricultural products etc. Your president is just giving excuses.

ofedegbe:


you are doing more harm to you comprehension capabilities. I am only trying to help you out in this case. I can now see that it's beyond redemption.
NB: my signature is a word in my dialect so FOH

BUSHHUNTER:



Try next year son.

989900:


You are totally missing the point.

Yabatech founded 1938. University of Ibadan founded 1948 (count how many Nigerians got educated outside the country since 1948) , and that's not even the point at all.

It's totally not about if, or how many universities we have.

I'd have to write a book to break it down further, but I hope you can figure out the benefits of foreign education.

texazzpete:


Where is the 'round tripping' going to come from?

To get the dollar for school fees for my friend, his parents have to tender documents from the school, signed and stamped confirming the EXACT amounts for the school fees and living expenses. Only then are they allowed to fill the forms and obtain the forex...and there are mechanisms in place to prevent this from being abused.

cynthy2000:
With the current free fall of the Nigerian currency (Naira) against the major foreign currencies (Dollar, Pound, Euro etc.), the Nigerian government under president Muhammadu Buhari has stopped the sales of forex to parents of students studying abroad.

Parents of Nigerian students abroad who just last year obtained dollar at the then official exchange rate of ₦166 are now forced to obtain the dollar at the current parallel/black market rate of over ₦300. What this means is that parents who last year paid about ₦1.6 million for a $10,000 tuition fee abroad will now have to pay about ₦3 million for the same $10,000 tuition fee in foreign Universities/Colleges or withdraw their wards.

In an interview with Al Jazeera, President Buhari while responding to a question on the challenges faced by parents with kids in schools abroad, who are now facing the possibility of having to pull their kids out, simply said “If the country cannot afford it, so be it.”

When probed further by Al Jazeera's Martine Dennis about his children who obviously will continue their studies abroad, the president said "Those who can afford it, can still afford it. But for those who can’t, Nigeria cannot afford to allocate foreign exchange for those who decided to train their children outside the country. We can’t just afford it.”
“Well, that’s the true situation we are in.”

The federal government is convinced that the high demand for forex by parents of the students studying abroad has contributed to the current free fall of the Nigerian currency.

The president also frowned on those who received foreign exchange from the Central Bank of Nigeria(CBN) at the official exchange rate but divert same to make more profits.

“Anybody who is given dollars by the CBN to import pharmaceuticals and decides to go and sell at parallel market in order to make, maybe additional N100, we will pursue them and punish them”, the president vowed.

Source: http://campusportalng.com/education/forex-nigerian-students-abroad-buhari/32252/

ofedegbe:


in that case
continue bush hunting

badonkadonk:


But Nigeria can afford to buy new unneeded cars for our senators ba.?

I mean this man is just been plain hypocritical.. Everything dey on a stand still cos he doesn't have quality policy makers...

Ontarget:

Nobody sees you again. What happened? You done retire? I still remember when you used to overload Nairaland.

LOL Really

Maybe priorities man Priorities