WHY ARE THERE NO COMMENT?, WHAT A CONDITION INDEED.

Will student be able to access loan for school fee and house rent for 4years? Will the money be loaning every year or na only one time loan?

Any one with useful info should enlighten me

Ff

slawomir:
Damnnn niggar
Hmmmm

I be dey reason say no student go pay the loan back

But as I see the conditions to apply

Keep quiet omo ibo, Asiwaju is ahead of una, you think na your fraud obi

Food for politicians.

Just wait and see how this will become another avenue for looting and self enrichment.

And how will those who travel out of the country after graduation pay back?

Pampay debtors will not welcome this development

great

I don't get
The bill was passed in November 2022 and just getting assent in May 2023?
I thought the timeline for assent is 30 days
Fergie001

There's problem with the guarantors form ooh, why must it go through the office of the VC?

Isn't that not going to prolong the loan application process?

Nice one, however I have issues with the guarantor requirement, we have NIN, BVN and also the student certificate at the end of the prog, that should be used as a form of collateral instead of guarantor.
Considering guarantor liability, an average Nigerian might not feel the urge to be committed enough since he knows guarantor bears the cost in event of default.
I have a friend that lost all because he stood as a guarantor to a friend close enough to be his bestman, yet the friend betrayed him and left the country.

wunmi590:


Good development, I see student affairs only approving their family and friends application to move to final stage where it will be disbursed...

No b free money

Parachoko:
No b free money

It is not free, any money given to them will be paid back in FULL...

If you check well anybody who collected loan from NIRSAL won't be eligible, I've some people who have enjoyed the NIRSAL loan, and have not paid back till now...

FG is watching them, the day they will start on them, it will be like dream...

IbroMaka:
Why dem no specify highest amount that can be borrowed

Which Government school they charge the highest amount?

They will probably request for the parents details via BVN or NIN to determine if indeed they are disadvantage.

wunmi590:


Good development, I see student affairs only approving their family and friends application to move to final stage where it will be disbursed...

Make sense. But what if the person doesn't have job after two years of Graduation, how will the person pay back. Getting Job in Nigeria after school is just by God's Grace,

princeade86:
Good. So how is it be of help to commoners? Like someone mama selling petty things, where will d person get level 12 workers to process the loan. At the end, it will favor rich people as well. Business for the lecturers or anyone in the institution that will approve or sign for u to access the loan because they may demand from u.

Exactly my thoughts. How will the poor boy whose mother sells Akara on the streets get a level 12 worker or over 10 years working lawyer. Money to bribe lecturers

Nigerians one thing the southwestners have is intelligence nature naturally bestowed it on them, tinubu is one hell of an intelligent man, right from birth

NewSoul:


Exactly my thoughts. How will the poor boy whose mother sells Akara on the streets get a level 12 worker or over 10 years working lawyer. Money to bribe lecturers

nothing favor masses let be sincere. It shouldn't get to that level since is student loan.

Guarantors are there

Praxis758:
Food for politicians.

Just wait and see how this will become another avenue for looting and self enrichment.

And how will those who travel out of the country after graduation pay back?

Ventura1:
They will probably request for the parents details via BVN or NIN to determine if indeed they are disadvantage.

Sure, I read they are only giving to the student, whose parent annual salary is less than 500k a year

How dey won tackle huge unemployment amongst the Nigeria university and polytechnic graduates

Just to remind you guys, Buhari wasted 8 years…….chai

wunmi590:


Good development, I see student affairs only approving their family and friends application to move to final stage where it will be disbursed...

That's the problem I'm seeing now... The main corruption will be at the student affairs department of the various institutions... They'll start approving for their kins while collecting bribe from others

If possible, a special section should be carved out of EFCC for them, with minimum of 2years imprisonment... That special section should have their head office in UNN or IMSU, e get why

wunmi590:


Good development, I see student affairs only approving their family and friends application to move to final stage where it will be disbursed...

The usual Nigeria corruption

The guarantor part isn't right.

A lawyer maybe that would get 5 to 10 percent of the total loan and act as surety .

Will create job opportunities for lawyers

princeade86:
Good. So how is it be of help to commoners? [b]Like someone mama selling petty things, where will d person get level 12 workers to process the loan. [/b]At the end, it will favor rich people as well. Business for the lecturers or anyone in the institution that will approve or sign for u to access the loan because they may demand from u.

When they started getting it, you’ll see..

princeade86:
Good. So how is it be of help to commoners? Like someone mama selling petty things, where will d person get level 12 workers to process the loan. At the end, it will favor rich people as well. Business for the lecturers or anyone in the institution that will approve or sign for u to access the loan because they may demand from u.

Oya suggest a better method for screening

Thats Leadership... Keep it on... God is ur Strength PBAT... Am sure Obidient wont like this...

wunmi590:


Sure, I read they are only giving to the student, whose parent annual salary is less than 500k a year

where did you see this information. All in the bill is up there for you to understand don’t follow blood news

slawomir:
Damnnn niggar
Hmmmm

I be dey reason say no student go pay the loan back

But as I see the conditions to apply he sure say them nor born the students well make he or she nor pay back


I shock you abi

I thought you were always seeing failure and disaster.

wunmi590:


Good development, I see student affairs only approving their family and friends application to move to final stage where it will be disbursed...

If this happen that’s not the fault of the president


Let Nigeria enjoy the good we enjoy in Lagos many more

akingangan:
The Guarantor requirement should be removed

Government should be the guarantor so no need for such
If the employer will deduct 10 percent then there is no need

One of them serial debtor. Ole buruku looking for loophole