Vision101: Government has provided their own schools. If you are too rich and you want to attend private university that's your choice. Does the poor attend private university? Nelfund is for the indigent. It's like this all over the world.
You are talking trash. So the students in private but govt approved institutions cannot be citizenss with financial needs?
The ~20-25 Billion Naira going yearly to those institutions didnt end up as waste afterall.
It will take one privately run school 10,000 students paying N2m to get such input from fees.
I heard private unis are not covered by NELFUND. They are considered bastards to the system. Their taxes are sweet but helping them is forbidden even though it is just a loan to be repaid.
Think of it. Every admin score themselves high in governance but the system is ever regressing from one administration to another. As we do another independence and say "happy independence" to one another think about that. Even though a little surge in indices in between gets celebrated as though they are permanent.
I wonder what's responsible for this seemingly impossible contradiction?
I know nations do face difficulty here and there but ours appears to be a steady downward spiral administration after administration. Leaders enter offices modest but come out big. The presidents, governors, lawmakers, senators, representatives and top civil servants. The rulers are always prosperous at the expense of the system.
grandstar: The massive debt increase has no justification
There is nothing wrong in borrowing to improve infrastructure.
But it seems the primary goal is to use it to win elections through imptoved infrastructure and not primarily to help the economy.
The coastal road and the Badagry Sokoto road come to mind.
The people attacking Obi for borrowing and saving are no where to be found suddenly. Their master is doing it at national level when other pressing needs are reaching breaking point.
After the conversion, then compare it with what we have in the excess crude account from what it was in 2015 when the APC took over and now
All in dollar please
Thank you
Same pattern you criticize about Obi. In fact Obi built productive factories tat can employ people to this day. Making him slightly better than Yekini.
WizardOfNG: @OP. Of course our documents are now screened exhaustively because of asset forfeiture against Tinubu over three decades ago no criminal arrest and conviction arose from and not the several over hundreds of cases daily of crimes Nigerians are committing worldwide related to drug offences.