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How can we all benefit

Overprinted money...!!!

If you no go school, stop discouraging those that go

The main issues is not making available the scheme but how to make it transparent and corruption-free.

Onyijeff:
Wey link abeg, i need that money right now

u no read d thing.

Another scam

Free cash for rectors and vcs of our institutions

The money will end up in their individual account

If I have said it once, I have said it a thousand times. A Central Bank has no business with schemes like this. Doing such usurps the functions of properly designated MDAs.

Nor does a Central Bank have any "CSR remit" a la SLS.

A Central Bank should stick to Central Banking.

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Why can't it just be made open to all graduates irrespective of institution

Look at this helpless lunatic, are you comfortable asking your mom the same question you just asked me.

Silly kid !!!

omoadeleye:




Stop doing like someone that did not pass school gate...

omoadeleye:




Stop doing like someone that did not pass school gate...

you should be ashamed of yourself

Mrkumareze:

500M for millions of graduates, how many graduates do we have from West each year ?

The CBN Governor should be sacked! The guy is doing more harm to the economy

Lipstick makeover at it's best, this will not solve any single problem. The lucky graduates will use the money to go and marry and start suffering. This government should work on insecurity, power generation and watch the economy grow.

TeeGentle:
scammer

How is Hush

Another avenue of looting and nepotism - we all know

Utherpendragon:
Good move

read well b4 u say good news oo unless u r among dose admin officers dat wl share d money...Sch wl receive d money n not gv a single student hw is dat a goodnews

Quiny32323:
Lipstick makeover at it's best, this will not solve any single problem. The lucky graduates will use the money to go and marry and start suffering. This government should work on insecurity, power generation and watch the economy grow.

Lol @ marry and start suffering. So correct

So much grants from cbn on the pages of newspaper yet we are not seeing the grants physically.


Make una continue!!

Mrkumareze:

500M for millions of graduates, how many graduates do we have from West each year ?

Reading and comprehending before responding will be good for your health.

Utherpendragon:
Good move

They will use the money to buy new fone

500m?

These people see graduates and undergraduates in this country as crayfish sellers.

Temptee101:


Reading and comprehending before responding will be good for your health.

Your comprehension should have told u that 500m won't do anything for the number of graduates we have from a section of the country alone.. what is 500M grant

DeepSight:
If I have said it once, I have said it a thousand times. A Central Bank has no business with schemes like this. Doing such usurps the functions of properly designated MDAs.

Nor does a Central Bank have any "CSR remit" a la SLS.

A Central Bank should stick to Central Banking.

They have been doing this over the years...there just might be a legal book that supports it.
Except you're in the know and are speaking from solid knowledge, I dare say we should leave them to keep acting in that regard.

I know a lady that benefited from YouWin project I lagos several years ago.

She still runs a bakery which she pitched for and won a million naira grant dah year.

Election is drawing close.... They are trying to impress! We will never forget 20-10-20 politicians must suffer

Mrkumareze:


Your comprehension should have told u that 500m won't do anything for the number of graduates we have from a section of the country alone.. what is 500M grant

Ok

The link will be necessary please.

This people do not even no the level of unemployment in this country cum the numbers of graduates institutions are turning out each year for them to be coming up with this meagre amount of money

MyExpression:


They have been doing this over the years...there just might be a legal book that supports it.
Except you're in the know and are speaking from solid knowledge, I dare say we should leave them to keep acting in that regard.

I know a lady that benefited from YouWin project I lagos several years ago.

She still runs a bakery which she pitched for and won a million naira grant dah year.

Sincerely glad for the lady and other worthy beneficiaries nevertheless the harm to the system is infinitely greater than the relief individuals may derive. What is wrong is wrong. And until we get disciplined in this country, things will always be a mess.

You need to understand that this is not just illegal it is also an avenue for massive corruption. In the days of SLS the CBN was everywhere making donations to Schools (selected at its discretion) and leapfrogging many other MDAs in terms of their lawful functions. All of that was explained away by the smooth talking SLS as CSR. Any one who knows what CSR is knows that its strictly the province of private companies and that statutory organizations have no CSR remit whatsoever.

It is beyond illegal, it is sheer impunity, and even sheer madness.

A regulatory body must stick to its functions. Just imagine the Power Sector Regulatory body making donations to schools or hospitals or INEC intervening in Agriculture. Then you can picture just how insane such actions of the CBN really are.

It really amounts to forming a parallel government.

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