Friend01:



Just like the same way AMCON could not shut down his business due to his 'long legs'.
Some of these over draft billionaires will not learn to focus on what they were supposed to focus on.
mtchewwwwww...

AMCON does not 'shut down' businesses...they take over businesses who owe a debt that they are not paying on time..and ensure that the debt is paid in full.

In the case of Silverbird....AMCON took over a debt owed Union Bank by Silverbird...and then took over Silverbird to ensure the debt was paid according to the terms and condtions.Once debt paid, AMCON Hands off. Silverbird stayed open...because if Silverbird was closed...AMCON won't have gotten back their money...plus selling the company? (Who buys a debt ridden company).

hakeem4:
i do not think you understand his point. since the government is not capable of handling the affairs of government owned university they should sell it to private people or companies who have the capability to manage it

@bolded does not make any sense. silverbird is doing fine

I think if they are can't manage our schools and the only option available is to privatize it. They might as well privatize the country so that foreigners can run it. I smell shit!

hakeem4:
i do not think you understand his point. since the government is not capable of handling the affairs of government owned university they should sell it to private people or companies who have the capability to manage it

@bolded does not make any sense. silverbird is doing fine

hmmm, not a bad idea, but if it is privatize are u sure an average nigeria would be able to afford education?
that is the big question.

greenek:


For sure money is not enough, unilag pays 50m monthly for energy consumed by students.

We can't compare ourselves yet to the Harvard and Yale, what dey get as grants and relief from the private sector alone is very much. But the little we've, let's spend wisely, unilag is a very good example of this.

The problem is most of you guys want Harvard and Yale level at fees less than @$200 per annum.

Who go pay am?

As the VC of ABU said last year in a speech...if you want Cambridge (and by extension Harvard and Yaledegees)...you better pay Cambridge level fees (Cambridge costs at least 9000 pounds sterling yearly for a UK student,more for a foreigner).

theoldpretender:


Most of the cash used to subsidize education in this country does not come from taxes.It comes fromthe revenue we earn from oil. (In the past it also came fromrevenue we earned fromagric...which has collapsed since the 1970's...until cocoa came back a few years ago under the last admin).

Our tax rate is 6%of our income.

Meanwhile...countries like Germany and Denmark are classic examples of countries that really use taxpayers money to subsidize education. The tax rate there is 50% of earned income.(Jideofor Abaribe, a syndicated columnist,once told the story of how he met a Danish airport worker in Copenhagen who told him,that their government collects half their salary in return for free education).

Yes the tax rate is low in Nigeria, but not too low when you bring in the principle of proportionality of tax.
The same Danish worker would earn 500naira and Nigerian worker would earn 50naira, you can't collect 50% for tax in both countries.
The only occupation in Nigeria that pays more than any other country is politics

myboy2111:
Even in US, you have more Public or Goverment owned Universities. Cant we study how they make their own work?

A State or Public University is funded by US government is called as State University or Public University. It will receive full or part of funding from the State Govt. It may receive funds from Tuition, fee and Alumni. Some facts about US State Universities.

1) Tuition, fee is less at State Universities.
2) Scholarship Opportunities are good when compared to private universities.
3) In some states all govt funded universities form the state forming a system and they offer coursed at different locations in the state. Students can transfer one of those universities to another university in the system easily. Example: Texa A&M University.
List of State Universities in USA

State universites in the US charge fees of about $3000-10000,some even higher ($3000 is the cheapest I have seen).

Nigerian universites charge fees less than $200 (government owned state universites)

Not the same.

theoldpretender:


AMCON does not 'shut down' businesses...they take over businesses who owe a debt that they are not paying on time..and ensure that the debt is paid in full.

In the case of Silverbird....AMCON took over a debt owed Union Bank by Silverbird...and then took over Silverbird to ensure the debt was paid according to the terms and condtions.Once debt paid, AMCON Hands off. Silverbird stayed open...because if Silverbird was closed...AMCON won't have gotten back their money...plus selling the company? (Who buys a debt ridden company).

Thanks for the info.

myboy2111:

Bros Most Universities are public in most countries around the world. Please do your research well

Well.... https://en.wikipedia.org/wiki/Public_university vs https://en.wikipedia.org/wiki/Private_university

It's difficult to decipher which is more.

But, in most of the countries which are publically (government) funded. They have stable governments which function well enough to pay teachers and assign money to the institutions... Nigeria has shown it cannot do that. So they might as well privatise them so that someone can run them properly.

bluecircle470:
Both Ben Bruce and all those who buys into this idea are MAD!

Jaynom:

Is SilverBird struggling?

Yes. Ben Bruce is owing over N12billion or so to some banks. His name was published recently as one of the defaulting debtors by AMCON.

theoldpretender:


The problem is most of you guys want Harvard and Yale level at fees less than @$200 per annum.

Who go pay am?

As the VC of ABU said last year in a speech...if you want Cambridge (and by extension Harvard and Yaledegees)...you better pay Cambridge level fees (Cambridge costs at least 9000 pounds sterling yearly for a UK student,more for a foreigner).

This statement by the vc is not true. How many Nigerian student knows Harvard standard?

What students require is 100% commitment from lecturers which dey don't get.

My friends that studied building In school, the lecturers wanted the department to give them bus, funds to go and watch construction process outside school. This was nice but foolish. In school, there were more than 10 construction work ongoing, it would cost 0naira to go there, but they wanted funds to go outside. No fund, no site seeing

If Government can sell the Universities and use the money they spend on education to fund student loan, then we will begin to see progress

Isn't that a bill he should have brought up in his close to 4 years at the senate? Why is he telling us now? too many idiots at NASS I tell you

MediahelmNGR:
The common sense Senator representing Bayelsa East Consistency, Senator Ben Bruce, suggest all Federal and State owned universities should be privatize so that it will bring investors and also put end to ASUU strike. He wrote:




Source: https://www.mediahelm.com.ng/2018/12/government-owned-university-should-be.html

nzeobi:

Mr smart profer a solution.

Please use your head, the solutions are obvious.

Juliusmalema:



I now agree and strongly hold the view that poverty has really configured many minds and brains that they can't reason again......

Poverty is a very deadly disease.

wehdone sir �� Richest man

it is not of the intreast of the mass..privitization of our federal universities will lead too increase in our fees...and other shortcomings...which will follow..

Yourenemy:
wehdone sir �� Richest man

Work on your poverty upbringing.....

U can do more than that.

greenek:


This statement by the vc is not true. How many Nigerian student knows Harvard standard?

What students require is 100% commitment from lecturers which dey don't get.

My friends that studied building In school, the lecturers wanted the department to give them bus, funds to go and watch construction process outside school. This was nice but foolish. In school, there were more than 10 construction work ongoing, it would cost 0naira to go there, but they wanted funds to go outside. No fund, no site seeing

And you cannot ahve 100 percent commitment fromlecturers who have to teach with poor facilities,orstudents who learn and live in poor faciliites.

Juliusmalema:



Work on your poverty upbringing.....

U can do more than that.

ok, you can also help me with that I won’t mind sir...

Yourenemy:
ok, you can also help me with that I won’t mind sir...

More like begging....

Nigerians....i hail thee.

theoldpretender:


And you cannot ahve 100 percent commitment fromlecturers who have to teach with poor facilities,orstudents who learn and live in poor faciliites.

True though.. But with all the facilities, this Nigerian lecturers are wired to give back nothing.

The Ghanaian guy that didn't have a computer but taught students with a chalk board about Microsoft excel, Microsoft built him a lab.

This lecturers should put in effort also

Juliusmalema:


More like begging....

Nigerians....i hail thee.

I am actually begging ��

目前这比分晋级半决赛

You can help them resolve it. As GSM was privatized, since then have you not being enjoying it? What you should ask is, how competitive and affordable will it be?

shaddi:
Oga Common Sense Advocate!!! ... Let's resolve the current ASUU Issue on ground!

NessaBoo:
...There are lots of ways to attract external funding without commercializing the universities abeg, they should encourage these Universities to concentrate on research that is relevant to society.That is what is happening all over the world.

There are few ways to attract external funding because universities are not very productive. They're not productive largely because they're not well funded. Hope you see the nice catch-22 we're in right there.

Education is the bedrock of development in any nation. Without it, development will be a mere wish. You can't come and commercialize education because it will be priced out of the reach of children of the poor, whereas education should be a right and not a privilege.

Breaking out of the catch-22 above requires sacrifices from all stakeholders.

1. Government has to keep increasing funding levels. You may not know this, but universities have generally improved slowly but steadily over the last two decades. We need to increase the tempo.
2. The Universities: have to maximize every naira of funding. Mediocrity in the universities is a big problem that needs to be addressed. Government needs to find ways to hold us more accountable.
3. Students: students have to pay more. It beats my imagination that anyone would want to pay $120 for something which costs $40,000 elsewhere, and yet express surprise that the certificate is almost worthless. Nobody is asking for thousands of dollars, but lets get real here for a second!!

There's no need to privatize the universities. That's an unreasonable solution, but only just as unreasonable as students insisting on maintaining the status quo wrt school fees, a mindset which arises from the erroneous belief that tertiary education is a right.

We should also make national assembly a part time work at 5k per sitting as there is no reasonable work you people are doing than sharing money and fighting over juicy committee.

greenek:


This statement by the vc is not true. How many Nigerian student knows Harvard standard?

What students require is 100% commitment from lecturers which dey don't get.

My friends that studied building In school, the lecturers wanted the department to give them bus, funds to go and watch construction process outside school. This was nice but foolish. In school, there were more than 10 construction work ongoing, it would cost 0naira to go there, but they wanted funds to go outside. No fund, no site seeing

You can't give what you don't have.
One of the effects of poor funding is failure to attract/retain top minds as lecturers. What you see as lecturers not giving 100% commitment, I see as a poorly-funded system saddled with the wrong sort of lecturers.

I am from the senatoral district Ben Bruce is representing,i think he's mad and crash show of dumdness.Why can't he advocate for part time legislation or complete scraping of the senate such that the money used to pay their foolishness should be used for other pressing and more issues.

Vibesking:
How about affordability, Did he consider that?
All these dimwits politicians advocating for the Federal Government to privatise all the sector of our economy are clearly living on a different world.
They privatised power and where has that gotten us? Some areas haven't seen a blink in months!
I've never seen a nation that wholeheartedly wore its incompetence and shamelessly delegate its duties to outsiders.

Privatise Federal Universities my foot! You think its every family that can afford the fees uh? Inconsiderate mofo!

And your chicken brain assumes that everyone must go to school. those who can't afford it should learn hard work or a trade

So that only the rich will have access to education, ______twitter Senator, bunches of useless people.

MediahelmNGR:
The common sense Senator representing Bayelsa East Consistency, Senator Ben Bruce, suggest all Federal and State owned universities should be privatize so that it will bring investors and also put end to ASUU strike. He wrote:




Source: https://www.mediahelm.com.ng/2018/12/government-owned-university-should-be.html

His brain should be privatised first.

so that poor pple wont afford it abi...

oya make una sell national assembly to me