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FG Asks Universities, Others To Remit 40% Revenue - Politics (3) - Nairaland

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Re: FG Asks Universities, Others To Remit 40% Revenue by Blaze14k: 11:12am On Nov 07, 2023
[quote author=Luciferhimself1 post=126837983][/quote]

So basically u r saying the have the right to take which ever amount they want. Is he also considering improving instructions for a better education
Re: FG Asks Universities, Others To Remit 40% Revenue by prophetfire: 11:13am On Nov 07, 2023
Houseontherock1:
Students will pay more...it all goes back to the struggling parents in an ailing economy undecided
Money is needed to find Tinubu family's luxury lifestyles.
Yatch for Oga and SUVs for Remi and Seyi. Where do you want the money to come from?
Strangle the poor to feed the rich.

1 Like

Re: FG Asks Universities, Others To Remit 40% Revenue by Exceed15: 11:17am On Nov 07, 2023
It is still parents in tertiary institution that will still cough out this money. Una hardship jus start.. Useless government

2 Likes

Re: FG Asks Universities, Others To Remit 40% Revenue by MrColdsweat: 11:21am On Nov 07, 2023
This man is here to steal every single penny from Nigerians.
Re: FG Asks Universities, Others To Remit 40% Revenue by Wizyoung(m): 11:21am On Nov 07, 2023
Uyomiya:
Owomida national level

Lolz! D; This your caption is apt and damn funny

2 Likes

Re: FG Asks Universities, Others To Remit 40% Revenue by ceejayluv(m): 11:22am On Nov 07, 2023
Blaze14k:


I'm not sure how this policies tinubu is putting in place will work. I mean this was not how I learnt economics in school. The economy is not anywhere close to being stable and he is taxing the people heavily without anything productive. I see nigerians as slaves working for there master
Well, we all have ourselves to blame....by Allowing Buhari to take that seat with NEPA Bill qualification. Tinubu, his kingmaker is only continuing the clueless legacy.
Re: FG Asks Universities, Others To Remit 40% Revenue by ceejayluv(m): 11:24am On Nov 07, 2023
Blaze14k:


So basically u r saying the have the right to take which ever amount they want. Is he also considering improving instructions for a better education
I doubt that's in their agenda. Wetin concern agbero with road worthiness of motor.
Re: FG Asks Universities, Others To Remit 40% Revenue by Omik1: 11:29am On Nov 07, 2023
40% of whatever is earned. Not a specific or fixed amount. If you earn 1000 naira, remit 400. If you make 200 naira, na still 40% u go pay and not 400 naira..

The statement also says, institutions partially funded by the govt.


So to now say they will increase fees no go still stop Dem from remitting the 40%. Na still same
Re: FG Asks Universities, Others To Remit 40% Revenue by MrColdsweat: 11:29am On Nov 07, 2023
DrMuzungu:
These motherbleepers are too busy embezzling and dealing drugs to think about wellbeing of people. Even worse, they prefer people as illiterate as possible, that is why they are making it increasingly difficult to study.
Deliberately killing the educational system to complete the total enslavement of the people.

1 Like

Re: FG Asks Universities, Others To Remit 40% Revenue by UnimkeAk(m): 11:30am On Nov 07, 2023
Blaze14k:
E don red how will universities improve there institutions when the federal government is taking there share, state will equally take theres. Like am confused can someone explain how the rascality will work to improve our institution
what interventions have universities carried out with all the funds so far...

it is still the FG doing all the work
Re: FG Asks Universities, Others To Remit 40% Revenue by Successlane: 11:37am On Nov 07, 2023
mmm
Re: FG Asks Universities, Others To Remit 40% Revenue by bdon123(m): 11:38am On Nov 07, 2023
ijustdey:


https://leadership.ng/amid-cash-crunch-federal-govt-asks-varsities-others-to-remit-40-revenue/
A very gud move.Bt it will be a disaster if government does not increase funding for student loan to be able to meet up with the hike.
Truth is its only in naija that universities are fully funded.They are supposed to source their funds by being better therefor attracting more students.
Re: FG Asks Universities, Others To Remit 40% Revenue by samwillyco1(m): 11:44am On Nov 07, 2023
APC government is as confused as confusion itself.
Re: FG Asks Universities, Others To Remit 40% Revenue by onyxo76(m): 11:45am On Nov 07, 2023
DrMuzungu:


Unfortunately, it is simple. Institutions will pass the increased cost of operation to students. As most of students only get money from their already struggling parents, what is going to happen? How many of them are already facing hardships? How many of them will get into drugs, prostitution, 419? How many of them will be forced to drop out? UGHHHHHHH... while these fat orobo motherbleepers are making more and more new laws.
and most students are already against the increased payments ,so how does the school now cope when more people drop out and less revenue comes in from school fees? I see it as a way to kill off these public schools, something ASUU has been fighting against all this time. But i guess everyone is not bothered anymore, how many good lecturers are even still around? Most have left the shores of the country for other places,

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Re: FG Asks Universities, Others To Remit 40% Revenue by rajiedreez: 11:46am On Nov 07, 2023
Na now we go know if the universities are generating enough internally or not
Re: FG Asks Universities, Others To Remit 40% Revenue by Lordsonn: 11:51am On Nov 07, 2023
NNPCL is not remitting anything and the government did not do anything. How can universities remit 40% and still maintain internal expenditure without increasing school fees for more than 40%? This is bad

1 Like

Re: FG Asks Universities, Others To Remit 40% Revenue by Pakman: 11:58am On Nov 07, 2023
Tinubu want to gather back the money he has scattered all around in bribes, on his way to Aso rock.

The other day, they talked about taxing bettors and now they want to automatically deduct 40% IGR from Universities that are poorly funded.

A satanic criminal currently occupies Aso rock.
Shege banza and shege coming with thunder is what awaits 200 million people.

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Re: FG Asks Universities, Others To Remit 40% Revenue by Classicalman(m): 12:00pm On Nov 07, 2023
Re: FG Asks Universities, Others To Remit 40% Revenue by Justiceleague1: 12:03pm On Nov 07, 2023
After all their boys are owo mi da...so they must owo mi da everything grin
Re: FG Asks Universities, Others To Remit 40% Revenue by danalad(m): 12:17pm On Nov 07, 2023
Time to increase school fees.

school fees that have been increased already
Re: FG Asks Universities, Others To Remit 40% Revenue by afube: 12:21pm On Nov 07, 2023
ijustdey:


https://leadership.ng/amid-cash-crunch-federal-govt-asks-varsities-others-to-remit-40-revenue/





Handing over the education ministry to the sahelians is arguably the worst mistake Tinubu has made thus far! He has effectively handed the next generation to this destiny laggards....sad that we still do not get it!
Re: FG Asks Universities, Others To Remit 40% Revenue by Maize247(f): 12:22pm On Nov 07, 2023
Honestly, 40% is too small. These institutions generates money and spend it anyhow and still depend on government for salary, projects and everything. These institutions collect acceptance fees, school fees and misuse all without executing any project on their own. Some schools run part time, pre degree and regular studies but nothing to show for it but to wait for government for salaries. Some higher institutions have up to 50,000 students. What are they using those money for
Re: FG Asks Universities, Others To Remit 40% Revenue by Blaze14k: 12:26pm On Nov 07, 2023
UnimkeAk:

what interventions have universities carried out with all the funds so far...

it is still the FG doing all the work

So how does this make it better. Dont u think it will make the situation even worse
Re: FG Asks Universities, Others To Remit 40% Revenue by freedomchild: 12:28pm On Nov 07, 2023
DMerciful:
Not surprise that the certificate forger wants to collapse the universities and polytechnic so that agbadorians will turn to mass forgers like their master Amoda, who graduated from a school 4yrs before it was built
🤣🤣🤣🤣

1 Like

Re: FG Asks Universities, Others To Remit 40% Revenue by InyinyaAgbaOku(m): 12:30pm On Nov 07, 2023
forgiveness:
Best way to go. The America and U.K universities we want to emulate or compare ourselves to are generating revenue from high school fees. The reason there are provisions like scholarship, loan etc to pay tuition fees

This is the autonomy the universities were fighting for. Now that it has been granted, there should be no more excuses.

How does this defend the FG asking for 40% of the revenue?
Are you da.ft or something?

Which American universities?
Re: FG Asks Universities, Others To Remit 40% Revenue by forgiveness: 12:35pm On Nov 07, 2023
InyinyaAgbaOku:


How does this defend the FG asking for 40% of the revenue?
Are you da.ft or something?

Which American universities?


Are you expecting the government to fund the universities and pay salaries without generating from the universities?
Re: FG Asks Universities, Others To Remit 40% Revenue by Maize247(f): 12:43pm On Nov 07, 2023
Imagine a university generating over 10 billion a year and does not want the government to look into their account. Multiply N100,000 by 20,000 students. Acceptance fee is their, post utme fees is their and others. Government are not supposed paying them salary with the amount of money the vc have access to. A government Arabic school was discovered to have generated over 300million but was able to remit just little recently. Government should make them remit almost everything
Re: FG Asks Universities, Others To Remit 40% Revenue by Maize247(f): 12:45pm On Nov 07, 2023
InyinyaAgbaOku:


How does this defend the FG asking for 40% of the revenue?
Are you da.ft or something?

Which American universities?
Infact, everything should be remitted to the government account in the first instance
Re: FG Asks Universities, Others To Remit 40% Revenue by Gilgil: 12:45pm On Nov 07, 2023
The impact will be huge!

1. Schools will triple fees resulting to…
2. ..:Parents won’t cope with the increase resulting to…
3. Students will drop out resulting to…
4. Crime rate will increase and…
5. Fewer students who can pay resulting to…
6. Not enough money to run the school at scale resulting to…
7. Quality of education dropping further…
8. Lecturers will continue leaving for abroad all resulting to
9. Collapse of Nigerian Education system thereby…
10. Helping to validate those who believe that “school na scam” and there goes the country

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