APC Scamm

Nigerian students would borrow this money and not pay back.

This I have seen.

nairadatti:
How will they repay the loan ,I just want to know

How they will repay is actually in the write up.


They will keep their records till they start working, they pay back once they graduate and start a job.

God punish election..old tactics

Hidewell:
How will they pay back the loan with the high unemployment rate in the country? I'm curious to know.

at least they educate themselves.

I hope it is not the type loans that American students are burdened with.

Nigeria would train students that would Japa.

Training we no see impact for the economy.

Refund loan, Dem don Japa

Wahala be like bicycle

Kobonaire234:


We don't know yet...but i guess it would be like the USA...payment starts when you graduate...and a bit of yer salary is taken over two decades or more to pay back the loan.

Job is guaranteed after graduation in the US. Whether you work in your field or not. One thing is certain, job is guaranteed. So how will a student still jobless after five years of graduation in Nigeria be able to pay back the loan? Another program bound to be bankrupt and fail. If the government wants to give handouts to students, let it come out straight and say it’s student grants.

Nice one from the incompetent President Buhari!

Manny21:
Why do I have this premonition that only children of the rich and powerful will get this loan? Losing faith in this system is so easy.

Guy you fall my hand

how are they going to pay back sef. Even those that schooled with their own money are unemployed

The incoming president Bola Ahmed Tinubu has already outlined Student loan as one of the things he is going pursue when he is sworn in come May 29th 2023...

Up APC ...

JoshTim:
Another sleepless night for IPOB. They prey on Nigeria's misfortune to sell their underperformed candidate

Expect more kangaroo bills to be passed just to deveive people like you to forget all the APC induced sufferings and vote them back.

Buhari needs to sign this into Law, and Obi needs to fully implement this since we have verification system in place. Monies should be transmitted directly to school treasury.

This can be great.

Patriotic9ja:


Forget the how 1st and appreciate the present. Even for so called abroad, jobs aren't guaranteed. Na still competition. So which is better, not being able to go to school because of no funds or going with interest free loan to be paid later?

Why should he forget how the loans will be repaid? If the loans aren't reoaid because of unemployment, how will the bank survive? Where will it get more money to give out as loans?

How is competition for jobs abroad mean the same thing as scarcity of jobs in Nigeria?

FOOTSOLDIER1:
I am from Kano state and I can say it categorically that we Muslims from the North do not like Tinubu, he is a mahd man and extremist, we can't guarantee that he will protect our interests. We are now going to be Obidient

My friend go and sit down!

You opened this account just yesterday cos you want to come and talk trash here!

Toast yourself.,let's wait and see how it will be implemented.

Now, FG can grant ASUU autonomy.

Machinegun91:
Another scam

laziness na diseases oo u better find how u go cure ham make u no die from joblessness

Hmmm... We need check am well since it's coming from APC

RexTramadol1:



How they will repay is actually in the write up.


They will keep their records till they start working, they pay back once they graduate and start a job.

Why he asked the question is when will they "start a job"?

Corrinthians:
That's how you people condemn without making any effort to exploit an opportunity. When other people do and succeed, y'all start hating on them and blaming the old woman in your village for casting a spell of misery over your lives.

You sound like a very lazy man.

Why are you so full of hate? Please Be matured in public.
His response was to the government and you are attacking and insulting him directly. He's entitled to his opinion. Your matter weak me, besides this is election season Nigerian government can promise you heaven just like they said years ago they will pay 5k each to the youths.

Apc want to save Nigerians from the proverty the Plummeted Nigerians into.

Vote buying is about to start

I don't like APC but this is good. kudos to them. when we see something good, we must appreciate it

Corrinthians:

https://www.thisdaylive.com/index.php/2022/11/23/national-assembly-passes-education-bank-bill-for-student-loans/amp/

I hope they have learnt from America, and this won't be another scheme , that would put people into long term debt.

Meanwhile, the borrower is always a slave to the lender. - Proverbs.

Borrowing, especially from people who lend for profit should be avoided at all costs.

This is good news if it will be well monitored and won't be abused:
1. Some schools may want to increase their fees because they believe worst thing that happen to poor students is to go and source for education loans. School fee unnecessary increment must be
2. When students graduate but unable to secure job, how will such students pay back? or will government still going to collect from stipend N-power allowance given and the likes
Anyway kudos to that initiative hoping as we move ahead, there will be improvement

FOOTSOLDIER1:
I am from Kano state and I can say it categorically that we Muslims from the North do not like Tinubu, he is a mahd man and extremist, we can't guarantee that he will protect our interests. We are now going to be Obidient

OK, Mr almajiri. Next, pls!

Loan You wont even get .

Corrinthians:

https://www.thisdaylive.com/index.php/2022/11/23/national-assembly-passes-education-bank-bill-for-student-loans/amp/

This is great, but how will the students pay back the loan with this economy downtown?
Many people graduated in the last 10 to 15 years without having meaning job till today, will such people be able to repay the loan?