₦airaland Forum

kokozain:
Which one come be true? Fine NNPCL doesn't grant licence for importation but Dangote has been given licence by unknown people

You guys are incredible. The name of the agency responsible has been mentioned in the same write up.

Racoon:
So who does? Another scam loading

Its clearly stated there.

Sermwell:

Una too dey fall for nonsense walai!

No problems. The one that supposedly falls for nonsense and the one that spends all his time scoffing at everything, who is better off?

FreeStuffsNG:
,Bank regulator bawo? CBN is the only regulator of all banks except blood banks in Nigeria sir.

What does that have to do with what I posted? I said the fund will be regulated by a Nigerian Education Bank (not sure the exact name) but its functions are set out in the Act.

ybalogs:
Hahaha...

1. You create a government bank.

2. You give the bank government money

3. They loan the money to indigent students without interest or collateral.

So

- who will pay salaries and overhead for the bank?

- Who will fund loan recovery?

We have been this road before

Instead of asking questions to no one, why not pick up the Act and read?

The Bank will always be funded by revenue from various federal income streams which are stipulated in the Act.

Regardless of repayment - the bank will always recieve money from the fg.

Who wrote this? The law is clear on who will regulate...there shall be a Nigerian Education Bank for that purpose.

LagosFirstSon:
The Igbo boy has done excellently well

Joeboy is a yoruba chap it wont kill you to still acknowledge him tho

Hamachi:
Student loans are a financial burden which does not quite make sense on a pure accounting basis. So, you have signed up for a loan (a liability, surrender of your future earnings) and you have nothing to show for it. On the other hand, when you take a loan on a house (a mortgage), you have a liability (a mortgage) and an asset (a house), so when things get tough, you can sell the asset to cover that liability. And in a worst case scenario, you simply file for bankruptcy and walk away from it - with a beaten up credit score, but you recover fully in about 7 years (in US, bankruptcy is removed within 7 years from the person's credit profile). Easy. Simple. Elegant.

Now, we have a student loan. You take a loan and you spend money. You gain nothing tangible - no assets. You have an expectation of future earnings, but it's not a guarantee. However, once you are out of school, loan is due - regardless of whether or not you have means to pay for it, such as a job. Now, when things get very tough - let's say you need to pay rent and you need to eat and you would like to get a family - but the student loan is still there, and it's not going away. You can't discharge it in a simple bankruptcy. You can't make it go away in an easy way - it's a forever burden.


Summary

When we reach the point where politicians are running for office on a platform of, “free college for everyone,” you know that we have gone past the tipping point. “Free” college is just going to throw kerosene on this fire.

We are seeing some cracks around the edges, e.g. coding bootcamps and startup apprenticeships like Praxis, but what is needed is a better educated consumer.

PS

I saw a question on career section this afternoon. “Should I go to school X or school Y? (Money is an object, but I might get some financial aid at school Y.)”

School Y’s cost of attendance is more than twice that of school X. No thought of can I afford either one of these schools? No thought of preparing a financial analysis. We have a generation of irresponsible morons whose parents are mentally absent. That’s why we have a financial aid crisis.






💭Leadership is not about seeking personal glory, instead its about taking responsibility for the people you are in charge of.

🎯Some key takeaways:

✔️Responsible leaders take accountability for their actions. Instead of blaming others, they identify the problem and try to fix it.

✔️Therefore, to become responsible leaders professionals must remember to take accountability for actions and stop blaming others for their mistakes.

✔️One of the foremost qualities in a successful employee or leader is a willingness to accept Responsibility for one's actions and behavior, good or bad.

✔️Taking Responsibility means making decisions, taking action, setting high standards, learning from our mistakes and always doing what we say.

✔️Lastly, leadership is about setting an example. Let see his grandchildren, relatives & family members participate in these students loan

Ah our friend the fake Ugandan.

For your info:

1. The repayment will only start running two years after NYSC

2. The repayment amount is fixed at 10% of your monthly earnings.

Your write up does not apply.

BrownSugq:
Fraud
Another school feeding program 😂


When was the Bill passed at the NASS? 😂

https://nairametrics.com/2023/05/25/students-loan-bill-passes-3rd-reading-in-house-of-reps/

the 2 minutes you spent typing could have got you that on Google.

LegendHero:
In other news.

For those confused about the electricity bill President Tinubu signed some days ago and the difference between the bill and the constitutional amendment bill signed by Buhari.

Check below for clarity.

The infographic is inaccurate where it says it took electricity off the executive list. Electricity has always been on the concurrent list with the caveat that States can only interfere in areas that are not covered by the national grid. What the Constitutional Amendment bill did was to remove that caveat and allow states to interfere wherever and however they choose.

In other words, electricity has always been and remains on the concurrent list.

Now he's just being patronising and that gets me a little worried.

Meerahbel:

How much can you earn from copywriting?
I know copywriters that made so little they gave up and returned to their day job…

And copywriters that make $3 to $4 million per year.

To make the big bucks as a copywriter, you need to be good.

Darn good!!!

You need to be a master of persuasion with a deep understanding of how people are wired.

You need to be able to put words together in such a way that people keep reading your sales promotion — or watching the sales video you scripted — because they can’t wait to see what comes next.

You have to know what emotional hot buttons to hit… when… and how.

You need to work hard to find clients that understand the value you bring to the table — and pay you what you deserve.

You also need to find royalty-paying gigs — because it’s difficult to reach six-figures and beyond without receiving commissions on the sales your copy generates.

Add to all that a dash of luck…

That you land the right clients.

And get the right breaks.

That’s why only a small percentage of copywriters make the big bucks. But there’s no reason you can’t make a good living as a copywriter. It just takes talent, skill, hard work, persistence, and determination.

And, like I said, a little luck sure wouldn’t hurt!

I see what you did there.

HeRulesMen:
May be beyond copywriting, you can add "writing" in general as long as you offer related services. So how much are you making from copywriting or writing in general?

It seems the field is not for some of us, may be we are not doing it right.

Please be sincere with your responses. It will help direct and motivate struggling writers.

Quite a bit but I've been in this for many years.

Unfortunately, the market is not great now. The tech layoffs are pushing many people into the content industry, and at the same time, AI tools are already being used extensively to replace writers.

New entrants form third-world countries will struggle. In fact, many people prefer to hire solely from the Philippines if they hire from he third world at all.

Which city? Which village?

Is it your village or one you're familiar with?

Well if you're comfortable with village life, then you should take the village job for a limited period of time to allow you save. Again it depends on the city - is the cost of living high?

Well these are your options:

Approach the National Industrial Court and claim not just your last salary, but all the deductions he has been making. The Law works in Nigeria. Don't be shy to claim your rights;

Approach the police to have it on record that you were assaulted;

Approach the Magistrate Court to claim damages for battery and assault. If you can't afford a lawyer, find the district court rules of the state you are in and read it to understand how to go about your case.

Please try the law.

Olasyke:
So every clown from the nigga area now wants to break a record?

He's actually doing something meaningful. Why are you pressed?

[Quote]So, those trailers cannot say the price of petrol has gone up, because they don’t use petrol but they use diesel. Therefore, the price of food, which they transport should not be affected, but the irony is that it will be affected,” he stated.[/quote]This is the reality. Any increase should be minimal

Enice:
do you even know the meaning of appealing a judgement? Oga! It means maintaining "status quo". Take for instance, the Osun state governorship court case. Oyetola won at the high court! So what you are saying is that Adeleke should have stepped down as governor then appeal? If he wins at the appeal court, he will now be reinstated? Is that what you are saying? Abeg, get sense small! I take God beg u.

You don't even know the ABC of what you want to debate yet you want to be loud and aggressive.

The doctrine of maintaining the status quo is a civil doctrine that is executed by way of interim injunction. Do you know what that means? I'm sure you don't.

Well, what you need to know is that "maintaining the status quo" does not apply to criminal cases. In a criminal case you obey the immediate ruling while you await any further ruling from a superior Court.

Patriotsleague:
He has cases to answer with the supreme court, that is the highest court, or you don't know that?

That case has been handled in an illegal manner. There's no two ways about it.

The High Court said he should be released. Before going further to any other Court, you are bound to first of all release him and comply with that ruling.

It doesn't matter what he may have done. Laws are laws.

tsdarkside:
ofcourse....somebody always says something....

in una strange minds,it makes sense to release somebody like cownunu....

What is all this gibberish?

You wanted information on which Court ordered his release. I've given you that. What you do with the information is of no concern to me.

tsdarkside:
the impersonations is realy out of hand....

na soo they were sayin a court said to release cownunu....
which court,nobody knows....but you have people that believe it and are sayin goverment is not obeyin court others....

from un said this,eu said that to even ecowas said something....

nigeria should build more jails and start dumpin people into it....

There was a High Court order to release him. You can google that

Ipeche:
The comments I'm reading here are amazing. It seems beacuse of tribalism and religious bigotry some people no longer think very well. Instead of addressing the issues raised in the press release, some guys have resorted to name calling.

Does it mean if someone is caught red handed committing murder the person is not entitled to fair hearing.

I weep for my country.

The only solution is for Nigeria to disintegrate peacefully

Fair hearing is for the Courts sir, and Emefiele is going there... so what next?

Offpointng:
Even a kid knows Emefiele was nothing but a pawn in the hands of the powers that be. So sad he's taking the fall for the powers that be.

My thoughts are with him regardless

So a kid can know this but Emefiele couldn't figure it out for himself?

Treasure17:
Even Oshiomole will expire as well.

Thats the point. Do good to your people so that when you expire you will have a soft landing. Today not even Emefiele's kinsmen are there for him

tabaralph:
.

Tinubu has really tormented your miserable life that you even go off the topics on nairaland, well get your self together because the so called drug barons will rule over you and your like for atleast another 4 years. Now to the topic of the day before you derailed; the SEC said you should not invest in binnacle crypto that they are scammers.

No, simply that they are not registered.

mariovito:
These guys just like to set us back.

First you ban crypto, how did you expect them to get your so called license?

Anyway, now that the ban on crypto has been lifted, I believe Binance will do the needful and regularize their position.

You're asking questions and answering them in the same breath. Nigerians.

Such a simple sturvs. Binance ought to go and register. Is that not all?

complexstuffs:
Stop advertising your ignorance

Don't be silly. We're all ignorant/less knowledgeable about one or two things.

Now, I don't mind learning from you if you have the answers. Kindly share.

Vinnie2000:
What is wrong with You?

So Labour Party should Reject him? 😏

In Nigeria, Dat's our Political culture. In Edo, Ken Imasuagbon just decamped to LP to PDP.

We accept Decampee Politicians and hope they do well if they win.🙂

Sure, go ahead and accept decampees...but don't turn around and claim to be different from the other camps.

Old wine in new wineskins as it were.

fergie001:
It was LP all through, without control. Amobi that is more APC than LP, it's his elder brother pulling the strings.

He left APC for the LP when Onyejeocha refused to relinquish the ticket. They dealt with him on Twitter Spaces today

One of the main reasons I can't stand LP. They don't stand for anything. Just a vehicle for populism.

FreeSpirited:
This looks like a citizen obstructing and interfering in the discharge of the duty of an officer of the law. Looks more like disrespecting the police
I don't think any celebrity has the duty to regulate the police. O wrong now

Clearly the police called his attention by hailing him first. He never came down nor obstructed them in any way.