Writing off unpaid loans of ghost students could be a perfect looting scheme? Maybe reason CBN governor needed to be replaced?

Money for subsidy have to be given in dollar to refining companies, while money for students loans are given in naira .

How do you "write off" a loan with civil servants as guarantor?!

You don't pay your debt , your civil servant guarantor forfeit their pension

Students loan a.k.a looting scheme.

iammo:
How do you "write off" a loan with civil servants as guarantor?!

You don't pay your debt , your civil servant guarantor forfeit their pension

don’t mind worksmart

Wailers should rest IJN

always looking for a way to tag good things bad, these people from that region self

A part of their salary monthly till the loan is paid. Why can't you morons use your head.

iammo:
How do you "write off" a loan with civil servants as guarantor?!

You don't pay your debt , your civil servant guarantor forfeit their pension

ayokellany:
A part of their salary monthly till the loan is paid. Why can't you morons use your head.

Fools are always quick to run their mouth

Imbeciles should simply ask how civil servant mortgage scheme and car loan works before talking like a lunatic

IPPS won't let any civil servants salary be touched

That students loan simply mean tuition fee will be introduced into the Nigerian tertiary education system

Yammmmreees are stupid.

iammo:


A fool is always quick to run their mouth

Imbeciles should simply ask how civil servant mortgage scheme and car loan works before talking like a lunatic

Use yoir head,sir.
We are talking about education here,sir.
There will be fraud but very,very minimal because of the way the bill is strewn together.
The Education bank and fed govt will even do everything possible to create jobs so they can recoup back their money.
No job,no payback

Frank688915:
always looking for a way to tag good things bad, these people from that region self

na d way den dey operate

iammo:


Fools are always quick to run their mouth

Imbeciles should simply ask how civil servant mortgage scheme and car loan works before talking like a lunatic

IPPS won't let any civil servant's salary be touched

You are abusing people but you sound like someone who doesn't know how this works. If you stand for anybody your NIN, BVN, and other identification number would be starred with a dropdown information once IPPS detect anything wrong they would deduct before it even gets to your bank since FG and most state now use a single treasure account.

A typical example of such fool will be your father we can all admit that. IPPIS can always be programmed n reprogrammed to contain any exigences as explained by those that introduced it. We all watched how lecturers bonuses were included when such argument was stated as reason ASUU rejected it but I do not expect a dead brain lunatic who is always quick to fault any govt initiative to understand that simply cos it grant no advantage to your likes.

iammo:


Fools are always quick to run their mouth

Imbeciles should simply ask how civil servant mortgage scheme and car loan works before talking like a lunatic

IPPS won't let any civil servants salary be touched

Ofemannnu:

Use yoir head,sir.
We are talking about education here,sir.
There will be fraud but very,very minimal because of the way the bill is strewn together.
The Education bank and fed govt will even do everything possible to create jobs so they can recoup back their money.
No job,no payback

Common sense... I was talking about recovery mode of Federal Government loan scheme based on experience the pig is arguing on another issue

Civil servants guarantor for loans tie their gratuity and pension to any loan scheme they undertake

This is fact

ayokellany:
A typical example of such fool will be your father we can all admit that. IPPIS can always be programmed n reprogrammed to contain any exigences as explained by those that introduced it. We all watched how lecturers bonuses were included when such argument was stated as reason ASUU rejected it but I do not expect a dead brain lunatic who is always quick to fault any govt initiative to understand that simply cos it grant no advantage to your likes.

An idiot without any experience of Federal Government loan jumps on people's mention to show stupidity

Civil Servants guaranteed loan are tied to their pension and gratuity

I don't argue with slowpoke with internet... Ask the most successful relative in your house who is a civil servants and stop acting foolish

iammo:


Common sense... I was talking about recovery mode of Federal Government loan scheme based on experience the pig is arguing on another issue

Civil servants guarantor for loans tie their gratuity and pension to any loan scheme they undertake

This is fact

I bet you have not read the bill.Go and read it.
I have the pdf.
It has its advantages and disadvantages just like life itself.
The advantages are 90% because a literate nation is a successful nation in the comity of nations.

Ofemannnu:

I bet you have not read the bill.Go and read it.
I have the pdf.
It has its advantages and disadvantages just like life itself.
The advantages are 90% because a literate nation is a successful nation in the comity of nations.

I am not for or against the bill.. I basically spoke on the recovery mode based on established federal government loan scheme


.

iammo:


I am not for or against the bill.. I basically spoke on the recovery mode based on established federal government loan scheme


.

It is pay as you earn.....from their salaries..
Why dont you read the bill,sir?
You will read all the details.

So all the federal ghost worker were not ghost civil servants?

iammo:
How do you "write off" a loan with civil servants as guarantor?!

You don't pay your debt , your civil servant guarantor forfeit their pension

Imagine ur level of reasoning in this 24th century? A subsidy that's created monster of corruption where cartel makes billions of naira without importing a liter of oil. It became clear who the true beneficial of our subsidy are.

Neighboring countries are the enjoying instead of Nigerian, a policy that's almost bringing the country to its kneel.

Now you want to compare the two? Ode

24 century?
And you're talking about my level of reasoning? *SMH*

All we need to do is raise the fuel price to about N300 to stop fuel smuggling to neighbouring countries, but we cannot be criminally deceptive to claim that is removing a subsidy. Acknowledge it is a fuel tax and transparently use the revenue realised for development projects.

Never4getU:
Imagine ur level of reasoning in this 24th century? A subsidy that's created monster of corruption where cartel makes billions of naira without importing a liter of oil. It became clear who the true beneficial of our subsidy are.

Neighboring countries are the enjoying instead of Nigerian, a policy that's almost bringing the country to its kneel.

Now you want to compare the two? Ode

That's the tragedy of a Bulaba government