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|The Nigerian Student Loan Bill Is A Scam. Things You Need To Know by BarrSly: 11:05am On Jun 13|
Tinubu just signed The Nigerian Student Loan Bill but is this what we want at this time? Let’s ask the following questions;
The Nigerian government is yet to pay ASUU so why will I obtain loan to go to a school that’ll probably go on strike anytime soon?
The student loan should not be collected by any young Nigerians otherwise;
1. You’ll never pay back the money because there’s no job in the first place that’ll pay you enough to afford to let go of 10% to the govt.
2. If the government puts that money in the hands of the Nigerian students directly, they won’t pay school fees and they won’t do anything meaningful with the money.
The average Nigerian is hungry and will rather buy food than pay school fees. Yahoo boys go use am buy motor and Hennessy and Nigerian girls will buy bone-straights and weave on.
3. The Nigerian government will setup a special organization to administer the loan and the organization will be once again headed by the usual suspects who will later tell us, snake swallowed the loan.
4. If you think you’ll take loan and japa, just forget about it. The world is now moving to a stage of sharing credit reporting system. So no matter where you go, you’ll always remember the road that leads you home.
You can find the rest of my other opinions in my video.
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