N71.2bn Out Of N100bn Disbursed For Student Loan Diverted – ICPC - Politics (7) - Nairaland
Nairaland Forum › Nairaland General › Politics › N71.2bn Out Of N100bn Disbursed For Student Loan Diverted – ICPC (14963 Views)
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| Re: N71.2bn Out Of N100bn Disbursed For Student Loan Diverted – ICPC by BondRiv: 5:48pm On May 01, 2025 |
Shame. |
| Re: N71.2bn Out Of N100bn Disbursed For Student Loan Diverted – ICPC by GboyegaD(m): 5:49pm On May 01, 2025 |
JASONjnr:It shouldn't be done that way. The loan body should be able to manage it since they are the ones approving applications. All they need do is to fund the student account. Your thought on school administering the funds on behalf of the loan commission is what is promoting the fraud. This is something that everyone shoulf know but many will pretend they don't to justify the act. We keep duplicating duties and offices in Nigerian to promote room for stealing. We have witnessed its inefficiencies first hand but we need to give opportunities to our cronies to steal. |
| Re: N71.2bn Out Of N100bn Disbursed For Student Loan Diverted – ICPC by Lookmun: 5:53pm On May 01, 2025 |
casualobserver:It’s a cycle but it can only be corrected by the right leadership. The right leadership is possible because you cannot claim 100% of Nigerians value money more than posterity. If the head is bad, there is no saving the body but if the head is good and the body is bad, the head will change the body it’s just a matter of time. If there was no use for leadership, then why do we have leaders? Leaders have a unique opportunity to change society because: 1. unlike followers, they are entrusted with the powers of state to enforce the right behaviors by making policies that promote the right behaviors 2. They have the instruments of coercion to ensure that those who do not comply get the stick. This is something that the followers do not have 3. They have a larger reach than a mere individual. Leaders at different levels can influence the community more than a teacher or a mechanic or a banker who is only responsible for his or her immediate family 4. A leader that is telling people to be of a good behavior and is showing good behavior in an exemplary manner will make much impact especially when this leader is technically sound and has a heart for the people and isn’t corrupted. There is no way to expect a good society when the people that enforce laws are transacting for personal gain but if we have good leaders and a rotten society, the good leaders will ensure that the necessary changes are made and before long there will be societal transformation. |
| Re: N71.2bn Out Of N100bn Disbursed For Student Loan Diverted – ICPC by casualobserver: 6:06pm On May 01, 2025 |
Lookmun:That ship has sailed! The few honest well meaning and capable people do not venture into public leadership because the citizens won’t appreciate him and even when one does he will be frustrated by the same citizens. Nigeria is rotten to the core. Which came first the chicken or the egg is at this point academic. Like I always say on the subject. If Awolowo were to govern this batch of Nigerians he would be a disaster because he is too much of a gentleman to govern this criminal nature of the average Nigerian. Awolowo governed at a time when the average Nigerian had honour, integrity and a sense of patriotism. The average Nigerian todays lacks both. It is what it is! |
| Re: N71.2bn Out Of N100bn Disbursed For Student Loan Diverted – ICPC by stagger: 6:15pm On May 01, 2025 |
helinues:Academic staff of universities are not administrators. Try and blot out your vast ignorance quickly. |
| Re: N71.2bn Out Of N100bn Disbursed For Student Loan Diverted – ICPC by Lookmun: 6:23pm On May 01, 2025 |
casualobserver:So do we keep supporting bad leadership because “everybody is bad?” I don’t think so. I don’t think the reason why there is a dearth of genuinely good people in political offices is because the citizens wouldn’t appreciate them. They may not venture because the power play between the citizens and the rotten political class is very skewed in favour of the political class. In other words even the people that want to select good leaders have little power to resist bad political players who are in in game for their personal benefit. These guys have the security architecture in their favour, they have state money to spend and waste to achieve their goals, there is little or no checks from institutions so they have their way most times even if it’s against the common wish of people. A typical governor will finish 8 years and appoint his loyalist (most times the loyalists are loyal to the end). This new governor will cover the tracks of his oga and continue in the transactional politicking. This is the main issue. The people are too powerless. We can’t give up on looking for leaders who are willing to correct institutional anomalies and giving power to the institutions that check excessive power of the executive. There is no one that hasn’t erred before in his/her life but we cannot say “let us continue in the rot since no man holy pass.” But we must say, “who is willing to be held accountable for righting the wrongs even though this person may have not been 100%.” PS: Note that the test of someone who is truly ready to be held accountable no matter if he/she has not had a 100% record is if they are willing to push policies that empower the people to have a choice and could even threaten their own personal political aspiration. If the people truly have power to choose, political players will ensure that they work for the people. Our leaders today don’t mind doing little or nothing because they know that the people don’t really determine their re-election . |
| Re: N71.2bn Out Of N100bn Disbursed For Student Loan Diverted – ICPC by cucumbar: 6:28pm On May 01, 2025 |
PresidObi:don’t mind these Tinubu praise singers. Their thinking is one way. No wonder they are called zoneB |
| Re: N71.2bn Out Of N100bn Disbursed For Student Loan Diverted – ICPC by lionshare: 6:53pm On May 01, 2025 |
ZombiePUNISHER:Apologies! Please ignore my comments wherever you see them; I detest illogical remarks. God bless you. |
| Re: N71.2bn Out Of N100bn Disbursed For Student Loan Diverted – ICPC by cucumbar: 6:55pm On May 01, 2025 |
JASONjnr:Any institution that has someone like you that supports a failure is damned! |
| Re: N71.2bn Out Of N100bn Disbursed For Student Loan Diverted – ICPC by lionshare: 6:55pm On May 01, 2025 |
stagger:Please correct me if I’m wrong, but I used to think that the leadership (VC, DVC) is often selected from among the senior academic staff? |
| Re: N71.2bn Out Of N100bn Disbursed For Student Loan Diverted – ICPC by casualobserver: 7:04pm On May 01, 2025*. Modified: 8:13pm On May 01, 2025 |
Lookmun:Fix your self and your neighbor first, I really didn’t read through your post and the previous one simply because from the 1st statements I know it is just another Nigerian blaming others for the problems of which he himself is part of the cause. Nobody is coming to save you. Nigerians are always pontificating then they go and behave like bad citizens they are. |
| Re: N71.2bn Out Of N100bn Disbursed For Student Loan Diverted – ICPC by Lookmun: 7:47pm On May 01, 2025 |
casualobserver:I see that you didn’t read the post and yet you got the message so that’s a good one. I’m pleased. And just to be clear this is not about blaming others for one’s problem. It’s stating the obvious that in a society that lacks proper administration of justice and law and order, people are conditioned to be bad. The administration of law and order in a society is the exclusive preserve of leadership. You don’t like it but it’s the truth. |
| Re: N71.2bn Out Of N100bn Disbursed For Student Loan Diverted – ICPC by Buccalcavity2: 8:23pm On May 01, 2025 |
donself9:You see, being sensorious is the weak path. The valuable path is to mention alternatives. What will you have the govt do? They dont give out student loan in the West because unemployment rate is low, it is to braoden their minds to prep for employment of resources (broader than the idea of jobs) and ease payment process. In any case, it is not mandatory to get the loan nor to go to higher institutions. School fees in Nigeria is not close to exorbitant. If you doubt, visit Ghana or come to the West. Certainly, quality must improve, and beaming light on academics (esp research and funding) and inspectorate for the UBE is an area I'm passionate about. |
| Re: N71.2bn Out Of N100bn Disbursed For Student Loan Diverted – ICPC by casualobserver: 8:35pm On May 01, 2025 |
Lookmun:If you confirm that I got your message by just reading the 1st sentence, it means the rest of your post was drivel. I did read the post this time because it wasnt that long. Again i refer you to my previous post, whether the chicken came before the egg or vice versa, this is where we are. The problem of Nigeria at this point cannot be fixed by "good leadership" there is a whole generation (i call them babangida's children born after 1985) who are the workforce of the country but were raised in corruption and selfishness and an era of "anyhowness".. and they are the majority of Nigerians and they will resist any attempts at change despite saying they want change. Not excusing the older generation but they can be rewired because they know good from bad, they know good from bad, they know patriotism. These 40 and belows...they have no reference point for good citizenship, I gave up on the young generation when i saw what became of the endsars movement. they missed a golden opportunity to redefine the country and instead started cashing out. where are the leaders of ENDSARS and what are they doing today..that tells you all you need to know. Just random leader of protest, you sold out to get a cushy gig abroad and thats our problem. And these are youths!! A country's leadership is a reflction of its citizens. To me the greatest hurdle for Nigeria is the damaged pysche of its citizens. |
| Re: N71.2bn Out Of N100bn Disbursed For Student Loan Diverted – ICPC by JASONjnr(m): 8:48pm On May 01, 2025 |
donself9:You can't just ask CBN to transfer cash to Nigerians applying for loans in the varsities... Please, if you've never held a good position in life, stop arguing about things you've never been in a position to make heavy decisions about. |
| Re: N71.2bn Out Of N100bn Disbursed For Student Loan Diverted – ICPC by JASONjnr(m): 8:54pm On May 01, 2025 |
uvie66:There was a time I got a project to disburse scholarship money to students in a rural area in my state. We mapped out 10 government schools and we disbursed about a million naira to the students directly. After a year, I received an email to forward the names of the beneficiaries. I went back to the schools and less than 30 percent of the students actupaid the money. I was able to sort their names but I wrote a report that the students refused paying the money while the NGO had to discontinue with the project. NB: If you don't have experience about anything, you wouldn't know why things must follow a certain direction. |
| Re: N71.2bn Out Of N100bn Disbursed For Student Loan Diverted – ICPC by JASONjnr(m): 8:58pm On May 01, 2025 |
cucumbar:To you what I support is a failure..... and what you support is good. Sense and you👎no get anything in common. |
| Re: N71.2bn Out Of N100bn Disbursed For Student Loan Diverted – ICPC by space9880: 9:02pm On May 01, 2025 |
PresidObi:sometimes dey use your brain, stop doing things from a place of hate, Tinubu did not steal the money, Una must find way blame am for everything meanwhile na me and you be the problem. |
| Re: N71.2bn Out Of N100bn Disbursed For Student Loan Diverted – ICPC by Lookmun: 9:21pm On May 01, 2025 |
casualobserver:1. I’m happy you referenced the Bababguda era. Ths was a time when corruption was institutionalized in the country. If you recall the words “Chop I chop.” This was the era when corruption was being normalized and it started from the top to the bottom. 2. It’s not only in a society but any system at all the body takes the shape of the head - it’s inescapable. It’s too much to expect an orderly functioning society when the system that is to enforce that order is broken. It’s just like expecting a lecture hall without a teacher (or if the teacher is seated outside) to be without dissaray. Yes there would be disarray because every student will do what’s right in their own eyes. 3. If there was no need for leaders in a society, then why do we have them? It’s because 200 million individuals from different backgrounds, walks of life, exposure, education, life aspiration, social status, etc cannot lead themselves successfully in a co-ordinated manner. It’s impossible and that’s why we have leaders in every civilization. 4. The leaders have the instruments to enforce the right behaviors but followers don’t. If there is any hope for Nigeria that there is a paradigm shift in th business of leadership. |
| Re: N71.2bn Out Of N100bn Disbursed For Student Loan Diverted – ICPC by uvie66: 9:36pm On May 01, 2025 |
JASONjnr:Sorry I'm lost, what point are you trying to make here ? |
| Re: N71.2bn Out Of N100bn Disbursed For Student Loan Diverted – ICPC by casualobserver: 10:07pm On May 01, 2025 |
Lookmun:The Babangida regime was when words like “settlement” and “egunje” were introduced into the vocabulary of the average Nigerian. Babangida democratized corruption and we are paying the price today. Ofcourse there had always been a small minority of corrupt public officials but under IBB not only did corruption explode in public service but it became rooted in the citizenry and we are paying for the latter today! The point I am trying to make is that you talk about leaders as if they are imported from abroad? It is from the same citizens that have been indoctrinated in corruption that leaders emerge. Again I know a lot of well meaning people but they will not put themselves up for leadership because it is this same citizens that will sabotage their efforts…..starting from demanding rice or money to vote for them. The head is a reflection of the body because it is from the pool of citizens that leaders emerge! The few good eggs will never rise to leadership except as appointees of the bad eggs. And when they do they will have to dance to the tune of the piper or quit in frustration. Only a thief can lead a den of thieves! The hope is you have a reformed thief who understands the ways of the thieves and knows how to checkmate them. Put a technocrat in a leadership political position. Today and odds are he will fail unless he has a godfather. That’s why I laugh when some clamour for the likes of NOI or Adesina. They can perform only as appointees under the cover of a political leader who is himself a gangster! Because you need to be a gangster to run Nigeria if today talk less reform it. |
| Re: N71.2bn Out Of N100bn Disbursed For Student Loan Diverted – ICPC by JASONjnr(m): 11:33pm On May 01, 2025 |
uvie66:That giving the loans directly to the students might not be a good idea. Some students might need money to buy luxury things and they will apply for loans while they collect tuition from their parents. The school will not be able to give statistics of the beneficiaries. Say any individual can get his or her siblings admission details to apply online to receive the funds directly to their accounts. Whereas, the school have a database of all students admitted through JAMB and can easily fetch them out through their registered details. Making sure that the information given for loan tallies with what the school have in their database system. It is better to deal with the institutions than dealing with the students. |
| Re: N71.2bn Out Of N100bn Disbursed For Student Loan Diverted – ICPC by JASONjnr(m): 11:40pm On May 01, 2025 |
GboyegaD:But they need a corresponding data to show that the information provided on the loan portal tallies with the information from the school. Note that the school is managing their database and they're not being funded by the federal government. So they might not release their database access to the government. For adequate results and synergy, the school will give records of all the students they've funded through the loan scheme. The federal government will be able to track the money and hold whoever is responsible for any mistake or corruption. Duplicating duties helps to create jobs for youths.... |
| Re: N71.2bn Out Of N100bn Disbursed For Student Loan Diverted – ICPC by Agboriotejoye(m): 11:47pm On May 01, 2025 |
Ijaya123:You're right about sawdust in between your ears Who controls the govt that owns those universities? Who brought student loan that's unaccounted for |
| Re: N71.2bn Out Of N100bn Disbursed For Student Loan Diverted – ICPC by GboyegaD(m): 12:17am On May 02, 2025 |
JASONjnr:I give up. There's no need to expect efficiency on any grounds with this mindset. |
| Re: N71.2bn Out Of N100bn Disbursed For Student Loan Diverted – ICPC by Lookmun: 5:53am On May 02, 2025 |
casualobserver:1. In any society (even the best of them) you have the good, bad and ugly. The same way you know some good Nigerians that will not venture into politics because some Nigerians will be asking for egunje, that’s the same way some well meaning ones are not able to make it in because the system is rigged in favour of transactional politicking. Security apparatuses, state money, manual voting with all its deficiencies make it easy for their contemporaries who are benefiting from the corruption to get voted and then do the biding of their predecessors. The good ones have little chance. 2. Leaders who are into this thing will not intentionally relinquish power by strengthening institutions (i.e. making the umpire truly independent, strengthening the electoral law, favouring technology, punishing electoral offenders, etc). We should be looking for people who will want to put power in the hands of the people to make their own choices rather than swim through the tide that the political actors dictate for them. 3. Evil that uses evil to get power wouldn’t intentionally undo that evil because it will affect them. So long as we have people at the helm who are not only gangsters but profit continuously from gangsterism because they must hold on to power, then there is no end in sight for the decadence in society. 4. It’s not easy to get these kinds of good leaders in not mainly because they don’t want to but because the system makes it difficult for them to win. It’s not easy but possible and it starts from you and me supporting what is right, it’s me and you supporting accountability and transparency and not making excuse why we should continue to entrench political rascality. It’s never easy but possible. Any people movement in the world that has succeeded has succeeded because of unity and solidarity. For example, a true Nigerian that means well for the future of this country should not be recommending manual election processes but should argue in favour continuous entrenchment of technology so much so that it becomes increasingly difficult for political desperadoes to cheat. This is the institutional reforms we are taking about. 5. Who are those that will change the systems? It’s not a mechanic or teacher, it’s still the leaders. Rather these leaders entrench poverty and subservience then they throw the religious card and continue to control the people to their selfish benefit. In summary, corrupt politicians typically will entrench systems that will transform the society so waiting for them to do so is going to be an effort in futility. If we demand for good governance, at least we have a fighting chance but if we rely on people who will kill for power, there’d be on end in sight. |
| Re: N71.2bn Out Of N100bn Disbursed For Student Loan Diverted – ICPC by JASONjnr(m): 6:28am On May 02, 2025 |
GboyegaD:Exactly, your mind is filled up with negativities and you see no good in whatever this administration is doing... other than to condemn all its efforts. |
| Re: N71.2bn Out Of N100bn Disbursed For Student Loan Diverted – ICPC by casualobserver: 8:47am On May 02, 2025 |
Lookmun:You are making my point for me. Except you seem to still insist or don’t get the point that if a system that cannot produce good leaders how can a good leader emerge to change the system? By definition the leadership options are defective people…..ALL of them! It is a question of levels of defectiveness. Look at the gladiators…Tinubu, Atiku, Obi. The reason these are the choices is because the best refuse to participate. So even with the best will to change, by definition they do not have either the ability or the foot soldiers to execute or both! You can’t give what you do not have! So you are making my point for me. Leaders are a reflection of the people! We are forked not because we have bad leaders but because we have bad citizens! Bad leaders can be changed/removed if the citizens rise up but bad citizens can never produce good leaders! |
| Re: N71.2bn Out Of N100bn Disbursed For Student Loan Diverted – ICPC by Elusive001: 10:02am On May 02, 2025 |
Thiefobi1:Are you okay? Are you normal? What concerns ASUU with the publication? Where did you see ASUU in the piece? |
| Re: N71.2bn Out Of N100bn Disbursed For Student Loan Diverted – ICPC by Elusive001: 10:03am On May 02, 2025 |
ufotunang:They looted because the copy what their leaders do. They also know that nothing will happen to them as usual. |
| Re: N71.2bn Out Of N100bn Disbursed For Student Loan Diverted – ICPC by Elusive001: 10:04am On May 02, 2025 |
PresidObi:I tell you. |
| Re: N71.2bn Out Of N100bn Disbursed For Student Loan Diverted – ICPC by ZombiePUNISHER: 10:15am On May 02, 2025 |
lionshare:The bulk stops at the president's desk ........... Tinubu 2013 |
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