Okay

Blaze14k:
I thought as much. I knew this was only meant for federal government universities. This is the only thing Nigerians have benefited from this administration

My take is that the budget for the student loan scheme is too small. Just #5b for over 5 million applicants is too poor and I'm sure that amount won't be enough for 20,000 students. Same FG budgeted #90b for Mecca pilgrimage subsidy. Can you see the irony?

And how will they pay back?

C2Ok:
This isn’t gonna be sustainable, the odds of paying back after graduation in a toxic economic environment is abysmally low
No jobs whatsoever for those who sponsored themselves, many aren’t even using their certificates at the moment, imagine taking all these loans only to try and pay back with POS work🤦‍♂️

amaridigital:


My take is that the budget for the student loan scheme is too small. Just #5b for over 5 million applicants is too poor and I'm sure that amount won't be enough for 20,000 students. Same FG budgeted #90b for Mecca pilgrimage subsidy. Can you see the irony?

My dear you are absolutely correct.. but what can we really do when the citizens don't speak with one voice

Blaze14k:
I thought as much. I knew this was only meant for federal government universities. This is the only thing Nigerians have benefited from this administration

what benefit does student loan has for students? After school, they still.have loan burden to sort for their life where there us no guarantee that they will get a better job

chukel:
5bn for 1.2m students. Laughable. 4k for each student.

many people commending this initiative are just splitting tantarum without knowing the havoc this will cause

GorillaApp:
I hope it's not mismanaged


Btw, I need information on how much it will cost to travel from Warri to Enugu and will also need recommendations for a nice, modest hotel in Enugu.

why not ask Shettima

BeeBeeOoh:


https://punchng.com/student-loan-1-2m-beneficiaries-listed-as-scheme-begins-friday/

While it might sound like a laudable scheme, it's just another siphoning net. Expect some scandal soon.

Nigeria is the only that's starts a scheme with predetermined list ...

Dey play

God bless my daddy Asiwaju Tinubu. May you continue to humiliate your enemies and take Nigeria to greater heights.

BeeBeeOoh:


https://punchng.com/student-loan-1-2m-beneficiaries-listed-as-scheme-begins-friday/

Hmmmm

But it's only federal universities students that will benefit first

They should ensure this thing goes round even though it's not something I'm positive about

State institution calls for more concern. Federal tuition is relatively fair.
But d kind looting wey go follow dis scheme is alarming o.
If d board say na 5million students be d beneficiary, who go check am?

Naz34:
My observation is to watch & see how the undeserving citizens who dont wish anything good for their country come out and still bad mouth / bastardise the process. Some will even use it as a means to japa . Use the loan to get their degree finish without committing to paying back , sneak out to abroad to go further or work & still bad mouth the nation that aided their education . Hmmm!

Instead of sitting here, why don't you go and take the loan and further your education as a lover of Nigeria abi your own is to be looking and observing? Yeye
How many of your APC influencers and supporters are still in Nigeria? Why dem japa?
You need to shut up abeg

BeeBeeOoh:


https://punchng.com/student-loan-1-2m-beneficiaries-listed-as-scheme-begins-friday/

This will be massive!

Goodnews and congrats to all concerned tertiary students!

DeLaRue:
If Mr Tinubu can be serious about the student loan scheme and make it work, this will perhaps be his biggest legacy. More so than the coastal road.

The scheme will affect millions of students and continue to run for several decades.

Subsequent administrations will improve, or even rebrand it with a different name, but it will continue to be associated with Mr Tinubu.

Does Mr Tinubu realise how important the scheme is to his legacy, if he gets it right?

Big question.

True. I think the fact the scheme funding coming from a percentage of FIRS revenue is a smart decision. because the major factor is funding

Blaze14k:
I thought as much. I knew this was only meant for federal government universities. This is the only thing Nigerians have benefited from this administration

Not correct. Federal uni. is first phase. Then States uni next phase

Naz34:
Some people are so allergic to anything good about Nigeria. These bitter people , God go continue to shame & disgrace all enemies of Nigeria. Shebi una paradise na obodo oyibo wey no send una papa , except to use una for their own selfish gain & then dump you all. See them rushing here to detail this topic. Una go continue to languish in pain & losses

You're just another gullible naive Nigerian!!

Check the comment by the first person on this thread, and tell me how this useless government has implemented all the things they promised since the beginning of this administration!!

They already know that there are a lot of mumus like you that will fall for anything they dish out!

chukel:
5bn for 1.2m students. Laughable. 4k for each student.

Where did you guys hear "5bn" from?

Funding will come from a percentage of FIRS yearly revenue.

Pls always be informed!

Naz34:
My observation is to watch & see how the undeserving citizens who dont wish anything good for their country come out and still bad mouth / bastardise the process. Some will even use it as a means to japa . Use the loan to get their degree finish without committing to paying back , sneak out to abroad to go further or work & still bad mouth the nation that aided their education . Hmmm!

Don't even bother!!! This nonsense is not going to work!! Those people you're talking about do not even rely on any useless government for thier daily bread!! Someone from that tribe has not led this country before, but thier people have been doing well compared to you who's tribesmen have been ruling this country.

Shame no dey catch you self??

DeLaRue:
If Mr Tinubu can be serious about the student loan scheme and make it work, this will perhaps be his biggest legacy. More so than the coastal road.

The scheme will affect millions of students and continue to run for several decades.

Subsequent administrations will improve, or even rebrand it with a different name, but it will continue to be associated with Mr Tinubu.

Does Mr Tinubu realise how important the scheme is to his legacy, if he gets it right?

Big question.

Too early to start shouting about legal legacy, he should serve the people first.

I Love Bola Ahmed Tinubu

adamusuleiman1:
Good news. Congrats to the recipient.

Hope you are well? Ask anyone from your church/mosque/street if they know anyone that know anyone that is a beneficiary. This type of things are use to siphon money finance upcoming elections.

This is the justification for the geometric hike in school fees in Nigeria, #10b will be loan out to 1.2m students while #25b will be used to digitalise the house of the President, #6b for National Assembly's car park. Oh my Nigeria.

Bullfallo:
Scamm scheme . Trust me you will not find anyone that know someone and who know anyone that receive this loan.

Mr Thomas. Instead of ranting online it would have been better you apply. Then if you didn't receive it then your complain is legitimate otherwise just keep quiet

5 billion naira was budgeted for the said scheme, while projecting about 1.2 million students as beneficiary. This equate to around 4 thousand naira per student. Someone should help me to understand about this whole program.

Khyrvxjzy:
where you see 5 billion

you no get sense

It was passed as budget

Ballerteam:
5 billion naira was budgeted for the said scheme, while projecting about 1.2 million students as beneficiary. This equate to around 4 thousand naira per student. Someone should help me to understand about this whole program.

Khyrvxjzy:
where you see 5 billion

you no get sense

Ewu, go and check 2024 budgetary allocation for student loan

commoditiesnig:

Where did you guys hear "5bn" from?

Funding will come from a percentage of FIRS yearly revenue.

Pls always be informed!

it will do you well to properly inform yourself by going thru the 2024 budgetary provision for student loan.

Fatbam005:
why not ask Shettima

Your f00lishness is like peak milk....it's in you

Bullfallo:
Scamm scheme . Trust me you will not find anyone that know someone and who know anyone that receive this loan.

Shut up ... Even if you were given shame won't let you say it... Useless people...

C2Ok:
This isn’t gonna be sustainable, the odds of paying back after graduation in a toxic economic environment is abysmally low
No jobs whatsoever for those who sponsored themselves, many aren’t even using their certificates at the moment, imagine taking all these loans only to try and pay back with POS work🤦‍♂️

Na people wey Sabi book go collect am mostly...