The Jagaban.

Nice move Mr President.

This what we call president, not that thing Buhari was doing.

Bar1941:
Chai....


Tinubu wan spoil Nigeria with good governance oooo

It's hightime I invested in some businesses in Nigeria.

Good thinking.

We now have a proactive administration at the helm.

I foresee good things for the nation going forward, and I think it's an excellent time to start a business in this economy, because even the stock market is heading north on all financial instruments and indicators since this guy came to power.

Investor confidence is back.

Local and foreign investors know that Tinubu always surrounds himself with top-notch technocrats who know how to run an economy.

Good luck in your venture.

sonnie10:

The same way subsidy was funded
The same way the National Assembly is funded

Loans have no guarantee for repayment. That is why there is a word like default in loan agreement

There is a process of bill becoming law. Not all bill will become law. The ones that become law were deliberately considered and voted.

The office of budget and statistics has the responsibility to work on cost of any bill before it is signed.

The relationship between federal student loan and office of budget and statistics is centered on feasibility of funding as the fund comes from the federal government.

completely offpoint.

1. So what is the source of the funding?

2.what is the guarantee of repayment of the loans?

3. The bill emanated from the national assembly. When did the legislature finish work on this bill?

4. when did the "office of budget" do their homework with regards the bill? Which homework?

5. What does student loan concern "office of statistics"?

6. under which arm of government is this "office of budget and statistics"? is it domiciled in the national assembly?

7. is the "office of budget and statistics" one single entity?

LivingSage:
Ebuka my guy, how far

I told you the last time that I won't give you any attention on this forum again and here I'm breaking my own rule, but just to correct your foolery. You have been lumping me together with one moniker like maker something like that, I can't remember. You thinking that I'm same person like him makes you look stupid. If my name is Ebuka Nelson as you are calling me let me die before tomorrow morning. You don't contribute any meaningful thing here other than your childish behavior. I gave you this reply just to let you know that I'm not Ebuka Nelson. You can continue with your childish behavior. This will be the last time I'll ever talk to you on nairaland.

Jayhome24:


Bro it's no careless statement you obiient said Tinubu is not your president so go to obi to provide you all student loan abeg.

Another careless statement. Shey u dōn see the TandCs..
Just dey play.. You Obidients... Cos u see am for my bio

lexy2014:


completely offpoint.

1. So what is the source of the funding?

2.what is the guarantee of repayment of the loans?

3. The bill emanated from the national assembly. When did the legislature finish work on this bill?

4. when did the "office of budget" do their homework with regards the bill? Which homework?

5. What does student loan concern "office of statistics"?

6. under which arm of government is this "office of budget and statistics"? is it domiciled in the national assembly?

7. is the "office of budget and statistics" one single entity?

Questions from a Spam bot

ManWater:
This is good.
But they can as well call it Scholarship because no student will pay back a loan.

Bro, you know Nigerians well…
They will simply consider it their own portion of the so-called national cake.

LegendHero:
They will pay it back and it is not a scholarship.

The full details of the bill will be out soon and lot of questions will be answered.

I hope you know this is NOT the first Students Loan program in Nigeria…
There were students’ loans during our parents’ time (1970s/80s), and it went BURST because almost no one repaid.

The government is still trying to recover loans from the Anchor Borrowers Program…
That’s why I don’t really blame those microcredit folks who indulge in borderline unethical practices to recover loans.
>

LegendHero:
Source: https://www.vanguardngr.com/2023/06/breaking-president-tinubu-signs-students-loan-bill/

Without prejudice, when exactly did the bill pass through the National Assembly?!

Anyway, from the few details currently available (which is why the full legislative process is essential to enable input from all stakeholders), I fear that this might turn out to be yet another federal pork-barrel boondoggle poorly administered by a likely bloated bureaucratic agency. The government should’ve empowered the banks to develop and directly administer single-digit students loans, ultimately GUARANTEED by the government (or securitized, with the securities partially underwritten by the government). Otherwise, this might just replicate the FG’s Students’ Loans program of our parents’ generation in the 1970s/80s, which just turned out as a massive drain on the national treasury (and ironically many of the beneficiaries ended up ”japa-ing”!
>

sonnie10:

Questions from a Spam bot

does that explain why u are struggling to answer the questions?

1. So what is the source of the funding?

2.what is the guarantee of repayment of the loans?

3. The bill emanated from the national assembly. When did the legislature finish work on this bill?

4. when did the "office of budget" do their homework with regards the bill? Which homework?

5. What does student loan concern "office of statistics"?

6. under which arm of government is this "office of budget and statistics"? is it domiciled in the national assembly?

7. is the "office of budget and statistics" one single entity?

LegendHero:


They will pay it back and it is not a scholarship.

The full details of the bill will be out soon and lot of questions will be answered.

what of those who arent employed?

is there any guarantee that after NYSC, those who collected the loans will be employed?

lexy2014:
Are u finding it difficult answering the questions?

1. So what is the source of the funding?

2.what is the guarantee of repayment of the loans?

3. The bill emanated from the national assembly? When did the legislature finish work on this bill?

4. when did the office of budget do their homework with regards the bill? Which homework?

5. What does student loan concern office of statistics?

Pertinent questions indeed…
I am similarly seriously puzzled by the highlighted.
>

budaatum:


My response was not for those willing to pay back in small or big installments but to someone who thinks he would not pay back a kobo, for whom I think the "draconian wahala like you're painting it" is no where near as much as the real draconian wahala they will face.

Tinubu, whom say is a jaguda, can not be so simply outsmarted by such people is what I think, and it would not surprise me if the student loan company is not part owned by him who would like to make a profit or at least not lose his initial investment. But if you think I am wrong, please, 5-10 years time will soon come when we can reassess how it's gone.

I no ge ya time.

BabaIbo:

Who ask you?

They are talking about Nigeria, this one dey dey talk shiii.

What is the correlation between your quote and what the guy said?

Maybe you wan make dem know say your family member dey UK.

Mtscheew, koshidanu. If dem check am well, you be one of Obi werey fans

You don't comprehend simple logic. And never you quote me again.

LegendHero:


What is the correlation with this and student fees?

If the loan is compulsory for everybody now, it’s another thing. But why should there increase fees for a loan that is optional?

Do you guys even think before talking?

lexy2014:


does that explain why u are struggling to answer the questions?

1. So what is the source of the funding?

2.what is the guarantee of repayment of the loans?

3. The bill emanated from the national assembly. When did the legislature finish work on this bill?

4. when did the "office of budget" do their homework with regards the bill? Which homework?

5. What does student loan concern "office of statistics"?

6. under which arm of government is this "office of budget and statistics"? is it domiciled in the national assembly?

7. is the "office of budget and statistics" one single entity?

Off topic . Spam bot

lexy2014:


what of those who arent employed?

is there any guarantee that after NYSC, those who collected the loans will be employed?

You ask silly questions like a toddler.
Which loan is payback guaranteed? Why then do banks have risk management for loan appraisal?
When you take a loan and buy a car, but fortunately you die in an accident with the car mangled, who pays back the car loan?

Okay, that was unexpected.

But I still don't like BATS, they spook me out.


https://zodiacpsycho.com/sun-opposite-saturn/



.

NOwazobia:
Hope this is not another propaganda because its has been the Hallmark of this new administration by accruing praises from the initiatives of the immediate past administration.

Any initiative not felt on the Nigeria streets, ain't nothing.

haters, free our progress

NOwazobia:
Anybody not in support of your Jagaban is Omo igbo to your likes 😂🤣

yes na only Omo Ibo no dey like good thing and their life is full of hatred and arrogance

NOwazobia:
Hope this is not another propaganda because its has been the Hallmark of this new administration by accruing praises from the initiatives of the immediate past administration.

[b]Any initiative not felt on the Nigeria streets, ain't nothing.
[/b]

“...on the streets of Nigeria 🇳🇬 “. You’ve said it all.

sonnie10:

You ask silly questions like a toddler.
Which loan is payback guaranteed? Why then do banks have risk management for loan appraisal?
When you take a loan and buy a car, but fortunately you die in an accident with the car mangled, who pays back the car loan?

Offpoint. Pls read again and answer accordingly.

what of those who arent employed?

is there any guarantee that after NYSC, those who collected the loans will be employed?

sonnie10:

Off topic . Spam bot

does that explain why u are struggling to answer the questions?

1. So what is the source of the funding?

2.what is the guarantee of repayment of the loans?

3. The bill emanated from the national assembly. When did the legislature finish work on this bill?

4. when did the "office of budget" do their homework with regards the bill? Which homework?

5. What does student loan concern "office of statistics"?

6. under which arm of government is this "office of budget and statistics"? is it domiciled in the national assembly?

7. is the "office of budget and statistics" one single entity?

chuose:

Lets start with Primary & Secondary Schools first

UK that has Free Primary & Secondary Schools is not a socialist system.
Somebody need to explain simple things to you?
Slow Poke.

And university education is free there right ? Your stupidity is uncommon . You should be studied .

Nigerians love freebies but will not pay taxes . Through taxes you pay for those things . Mumu . Nothing is truly free in capitalist systems .

blaise26abj:


And university education is free there right ? Your stupidity is uncommon . You should be studied .

Nigerians love freebies but will not pay taxes . Through taxes you pay for those things . Mumu . Nothing is truly free in capitalist systems .

Your foolishness must be generational.
I said Primary and secondary school.
Why did you omit them❓️

klawaaa:
You don't comprehend simple logic. And never you quote me again.

I quote you again. Wetin you wan do?

good make i go finished my hnd programs now thank you mr president

sonnie10:

Off topic . Spam bot

You have consistently said that there is an "office of budget and statistics" in Nigeria. Under which arm of government is it domiciled?

lexy2014:


You have consistently said that there is an "office of budget and statistics" in Nigeria. Under which arm of government is it domiciled?

Toddler question

sonnie10:

Toddler question

How come an adult can't answer a simple "toddler question"?

You have consistently said that there is an "office of budget and statistics" in Nigeria. Under which arm of government is it domiciled?

lexy2014:


How come an adult can't answer a simple "toddler question"?

You have consistently said that there is an "office of budget and statistics" in Nigeria. Under which arm of government is it domiciled?

What is your question?

sonnie10:

What is your question?

What was the question you called a "toddler question"?