thomas2024: Oga rest. Go back to school. That “fish out” you emphasized from my mention was a typographical error on my part. I meant “dished out” not “fish out”.
You mentioned about photocopy, the democrazy you practise in Nigeria is photocopy or original? Or the life you’re living is photocopy or original im the sense that are you not modeling your life after someone?
So you are modeling your life after Tinubu and APC or what exactly are you saying? What's your hope of the original?
bentenny: Since you are also making exaggeration about what Nelfund would do about defaulters,why having problems with my own exaggerations?
You said 2 years,the government will deduct from the account.
For the benefit of clarity,where is it written in the terms and conditions of Nelfund or are you also exaggerating?
Secondly,it's imperative that those collecting loans specifically know their fate if they cannot meet up with the 2 years time limit set by the government.
Will they be imprisoned as alleged or will there be a system where the funds are subdivided in tranches for easy payment instead of the insensitive 2 year timeline by the government to an individual who may probably not get a job in 3-4 years due to unemployment?
Exaggerations? My dear, i don't work for them. Go to https://nelf.gov.ng/ Scroll to the legal link, everything i have said is there under guidelines. What you sign up for is under terms. If you're not happy, don't take the loan. It is not forced.
AMINDA: Contrary to what I was projecting, Tinubu will not win the middlebelt. Don't forget that as far back as 2024, Governor Alia warned Peter Obi not to set foot in Benue state. He simply made good on his threats today. The greatest taqiya Tunubu and the APC are about to carry out is to try to hoodwink the Northern Christians to vote the muslim-muslim Tinubu/Shettima ticket citing Elrufai whom Tinubu had to beg to make him president. They are desperate to do this because his Northern muslim base are all but gone. Obi is an impediment to that. Today's desperate move by the APC will backfire tremendously as time will prove.
Lolz, you project that Tinubu will win somewhere? Why lie like Obi na? It's campaign season now, the governors told Obi not to bring his shenanigans to their states during the off season. This season, every political candidate will be allowed and constitutionally permitted to go everywhere. We all remember how Obi stopped LP candidate from campaigning in Anambra as governor.
The kererenke crooner could have given these wasted funds to the poor. See him doing handshake reception at arrival that his followers condemn other politicians for. Na so dem go defend am like they do their insult today. Tinubu did worse. Tinubu said abc in 2012 too, etc. As if the man na their bible.
bentenny: Let's assume a student gets a debt of a 100 million after graduation and he is unemployed or just hustling as a result of unemployment,what will be the person's fate or punishment? Leave out the epistles and go straight to the point.
Lolz, so we should dwell on your ssumptions and leave out facts? Why would any student have a debt of 100 million? Why are you putting in great effort at exaggeration and the worst scenarios? What kind of punishment is devil giving you people over mere politics? Whatever your debt, after 2 years, government will deduct from your bank account. You have signed up for that. Except you don't have a bank account in your name. i have answered this already. Why do you need a punishment, fate or default so badly? The NELFUND scheme is not designed for targeted primarily at such exaggerated scenarios. Just like every lender around the world, there'll be bad debts, but it's not going to be in the greater percentage.
Minister of Finance and Coordinating Minister for the Economy, Mr. Wale Edun made this known at the end of the inaugural Federal Executive Council meeting in Abuja. Mr. Edun said that the benefit of the subsidy removal will be plough back into various sectors to improve business environment for local and foreign investment. He added that with the increased revenue from subsidy removal, various palliatives have been made available to cushion its effect on a short, medium and long-term basis.
bentenny: But you were rejoicing when he made prohesies against opposition candidates but the moment it turned to Tinubu,you now refer to him as a comedian.
They should ban COMPULSORY extra lessons. Okay, good. i saw compulsory. Because there are people who really need it. Some other is just a money making scheme.
bentenny: You are explaining too much. If they default in payment,what will be their fate? If I take up a loan from a bank and I default in payment,there is a punishment for that. So what is Nelfund clear punishment for defaulters not assumptions like you are staying here?
That's why you have records and you're linked to your NIN and BVN. The goal of the scheme is to give hope to people who cannot afford higher education and those who unfortunately had to drop out in the past. It's not about collecting money or profits or running away from debt. Those are extreme cases and bad debt. Why would a sane person not pay his/her debt and you want a working country? Why do we try so hard to game the system and frustrate others from benefiting? Anyway, repayment normally starts two years after NYSC and it is interest-free. 10% of your monthly salary is to be deducted directly from your salary for repayment. You are required to update NELFUND with your employer information when you get a job or change employers. If you are self-employed, you provide information about your business and banking details to NELFUND so that repayment can be administered. When you accept the NELFUND loan, you also consent to a Global Standing Instruction (GSI). This gives NELFUND authority to recover the outstanding loan from money you have in bank accounts or financial institutions in Nigeria if you fail to repay when due. If you fail to repay, the GSI can be activated as a last resort. NELFUND can lawfully instruct financial institutions to use money standing to your credit to offset the outstanding loan across financial institutions. Japa does not make the debt disappear. If you move funds to your Nigerian account, the proper thing will be deduction. You'll need to be creditworthy just like in other countries.
Bluntemperor: Did you read -with Deep Understanding of Why the Uber is leaving Nigeria- Corruption of Uber Driver's , Or you try to ignore the TRUTH and FACTS On The ground,by being evasive - for this has Nothing to do with Competency! •For you Cannot be Cheating A hand that is Feeding you😾.
If you read with any understanding at all, you'd notice that most of these exits were structural and had little to nothing to do with the government or bad economy. Some even have to do with the loss of corrupt privileges previously enjoyed. Have you acknowledged that we don't exactly miss most of them? Have you acknowledged new companies moving in and some returning? Have you acknowledged most indigenous companies making record breaking profits over the past two or three years and different quarter growths?
These were former military rulers like Buhari and are still alive. Some of them are far older than he was. Buhari was a bad man both as military ruler and civilian head of state.
And those are all saints, or they are not all supporting the incumbent?
bentenny: So the question is....what will be done to defaulters who refuse to pay?
The hope and likelihood is that they pay. The point and goal of the programme is hope for those that can't afford education, and a better chance at life. It's why there's BVN and NIN record. If you are in Nigeria, you have record of your debt. If you are not in Nigeria, it's probably bad debt. Not everyone in other countries can pay up their debts too. Some pay till old age, some die before paying up, etc. Also, there might be insurance schemes to buffer.
thomas2024: Who started this propaganda in 2012? Have you forgotten that what you do to others will be fished out to you in multifold?
And you're not old enough than to copy? You're not responsible enough to own up your actions? Following your logic, maybe 2012 was a "fish out" to the then government in multifold. Don't be a photocopy in life, it never beats the original.
Ridiculous. This is enough for this fellow to lose my vote if i was still deciding. How can an over 80 year old man still be seeking for validation for his decisions? What sort of inferiority complex is this as rich, old, popular and powerful as you are?
It's an obvious choice to right thinking people. Why would anyone go for downgrade, second or fifth hands like Atiku and PitObi? When you see their past, you see it didn't dey. When you hear them speak, it's an obvious "no capacity"
Good but what is needed are standard fields in every school and neighborhood. Not unsustainable stadia in 2026 that keep gulping maintenance funds with little results.
Atlantis585: According to some confused SW people Prophet Ayodele must be Igbo for saying that truth.
What truth? Where's the sense? Why would anyone not know that a person's record with government is officially true? Do you need a prophet or primate to announce that?
Heffalump: Funny enough, Tinubu rigged his way into office. Buhari backed him as a sitting president when he was shouting insha allahu, Tinubu will be sworn. To prove that you can't dribble man and God, he didn't last more than two years after Tinubu was sworn in and mother nature called him home. It was an insult against Nigerians and our ancestral land.
You really think an 82-year old accomplished Nigerian's death in a London hospital with his family is divine retribution?
Mrexcell: Yet no documented history of Obi's supporters physically attacking anyone we only saw that happening with tinibu's apc supporters in lagos in the last presidential election where non indigens were openly prevented from coming out to cast their vote? Keep fooling urself on nairaland thinking u are smart enough to fool any sane nigerian who already knows what u and ur master represents,ur reverse phycology can never work on anyone Keep trying.
Playing the ignorant ostrich in September 2026, SMH
He's the biggest cause of rancor in Nigeria politics today. We've never been this unfortunate and divided as a nation since 1999 until Obi happened to our political space. Reminds me of those kids that look for who's going to play with them with style. i remember how he did same stale thing in Rivers, throwing his candidate under the bus and begging Wike to cooperate with him. Desperado
chidiokay: Bro code ! you mean siblings in crime,. imagine. the gibberish a ordinary nigerian is happy to proclaim.
someone sold state fund, let even assume govt dont go after govt, should you support or understand such abnormalities where does that leave you as a citizen. if Atiku is tryin so hard to digg Tinubu's dirt out it is because Atiku as no affiliation to that crime
If Tinubu knows Atiku's skeletons nd he is not digging them out, it only means they have that skeleton in common or affiliation.
They cant go after Atiku becos that crime involves ALL of them, maybe Atiku benefited the most Buh such crime. politician will say off his Mic
Stop hallucinating because of ordinary politicians.
Kererenke is not a leader. Simple. He cannot lead his wife. He cannot lead his two children. He cannot lead Nigeria. FGS, he can't even lead chickens into a hen house in a farm.
anonimi: In saner climes like China, the Chicago drug lord would be dead and gone longest time ago instead of being a progreThief leader looter of our commonwealth.
And the US gives over $1million to drug lords, right? Allowing them to walk away as first class students with $460k civil forfeiture non disclosure agreements. Jokes