₦airaland Forum

mediclife1987:
Mumu

E shock you!

mediclife1987:
Dumb ass... students no dey dub themselves?

I may not know. That is not the type of education I had here in USA

Backpedal:
Cos of custom duty

Duty for brand new car is 25% with additional 25% levy of total cost.
That is 50% total
Less than $100k additional

Why is his own Maybach $600k?

mediclife1987:
I once had an experience of standing my ground in an exam in Physics class by choosing an answer of 7.25m/s while all the other efficos in class chose 6.25m/s.

I initially changed my answer to theirs, but before we submitted, I stoody ground and reverted back to my initial answer; and ended up scoring the highest in class, after my colleagues mocked me then for changing my answer.

I've always carried that adamant mentality into my life, but I've suffered seriously and massively for it.

I've failed woefully for standing my ground, when I should have shifted ground with another option.

If you think this is a motivational quote, you don jonze.

Peter Obi go collect wotowoto, no be small.

He tink sey Tinubu na small boy Ngige...

Jut curious. What kind of exams are students able to compare answers before submission?
Was it opened book?

lexy2014:
What was the question you called a "toddler question"?

The toddler question

lexy2014:
How come an adult can't answer a simple "toddler question"?

You have consistently said that there is an "office of budget and statistics" in Nigeria. Under which arm of government is it domiciled?

What is your question?

lexy2014:
You have consistently said that there is an "office of budget and statistics" in Nigeria. Under which arm of government is it domiciled?

Toddler question

lexy2014:
what of those who arent employed?

is there any guarantee that after NYSC, those who collected the loans will be employed?

You ask silly questions like a toddler.
Which loan is payback guaranteed? Why then do banks have risk management for loan appraisal?
When you take a loan and buy a car, but fortunately you die in an accident with the car mangled, who pays back the car loan?

lexy2014:
does that explain why u are struggling to answer the questions?

1. So what is the source of the funding?

2.what is the guarantee of repayment of the loans?

3. The bill emanated from the national assembly. When did the legislature finish work on this bill?

4. when did the "office of budget" do their homework with regards the bill? Which homework?

5. What does student loan concern "office of statistics"?

6. under which arm of government is this "office of budget and statistics"? is it domiciled in the national assembly?

7. is the "office of budget and statistics" one single entity?

Off topic . Spam bot

lexy2014:
completely offpoint.

1. So what is the source of the funding?

2.what is the guarantee of repayment of the loans?

3. The bill emanated from the national assembly. When did the legislature finish work on this bill?

4. when did the "office of budget" do their homework with regards the bill? Which homework?

5. What does student loan concern "office of statistics"?

6. under which arm of government is this "office of budget and statistics"? is it domiciled in the national assembly?

7. is the "office of budget and statistics" one single entity?

Questions from a Spam bot

lexy2014:
Are u finding it difficult answering the questions?

1. So what is the source of the funding?

2.what is the guarantee of repayment of the loans?

3. The bill emanated from the national assembly? When did the legislature finish work on this bill?

4. when did the office of budget do their homework with regards the bill? Which homework?

5. What does student loan concern office of statistics?

The same way subsidy was funded
The same way the National Assembly is funded

Loans have no guarantee for repayment. That is why there is a word like default in loan agreement

There is a process of bill becoming law. Not all bill will become law. The ones that become law were deliberately considered and voted.

The office of budget and statistics has the responsibility to work on cost of any bill before it is signed.

The relationship between federal student loan and office of budget and statistics is centered on feasibility of funding as the fund comes from the federal government.

lexy2014:
It seems u don't understand the questions I asked.

1. So what is the source of the funding?

2.what is the guarantee of repayment of the loans?

3. The bill emanated from the national assembly? When did the legislature finish work on this bill?

4. So when did the office of budget do their homework with regards the bill? Which homework?

5. What does student loan concern office of statistics?

Chatgpt questions . What bot do you use?

Some people find out from that person that is scamming to take over.

deeva2:
Obi supporters,"is not my president yẹn yẹn yen"how market? You will be the one that will get to bank tomorrow, and ask for student loan as your right.

Chai! Do you really believe that student loan is handed to the student?
It doesn’t work that way. It’s paid to the schools directly.

lexy2014:
So what is the source of the funding and what is the guarantee of repayment of the loans?

The bill emanated from the national assembly. So when did the office of budget do their homework? Which homework?

What does student loan concern office of statistics?

Bill before they become law must pass through the appropriate legislative chambers and committees. That is where the budget is evaluated and the cost is looked into.
The same way National Assembly is funded is how it would be funded.
Since it is federal student loan, the money would come from the federal government. It is a now the law of the land. It must be funded. Whether from increasing tax or borrowing, that is issue for another topic.

Therefore the office of budget and statistics must be involved.
Paying back with interest is the student’s responsibility since it’s a loan, it is not a gift and nobody is forcing anybody to accept it.

slowice:
Only for payment of tuition fee and of course 70% of student who need it will not be able to access it.


Nigerians like fooling around, we all know this thing will flop and lead to more corruption, especially as there's no sincerity of purpose, just the usual political gra gra.

Bụbu promise us more and nothing came out of it

The way student loan works is that student would apply but schools will process it and get the money.
So all that’s the student need to do is to just apply.
As long as they meet the requirements, they can’t be denied. It is the law.

StJohnKml:
Great work bro!
However, here is a few comment:

- The fuel consumption will not be same for everybody based on differing electrical loads. Fuel consumption is usually relative to the amount of load on the generator.
This should be noted.

Great work sir!

Thanks for sharing.

He already noted this in his analysis. He point out that they were same load.

lexy2014:
Were will the money for the loan come from and is the guarantee of repayment of the loans?

When something is a law, the source of funding is automatically included in federal budget.
The office of budget and statistics must have done their homework and presented the numbers.

SangoOlukosoOba:
Oh! So from your experience, they love their friends and families better than Nigerian?

A Nigerian woman have ate those children

Now you are making the comparison, please continue. It’s one of the assignments I asked you to take up earlier.

ManWater:
Obviously, repayment will be predicated on the student later graduating and becoming gainfully employed.

Repayment wouldn’t be a problem if interest rate is capped.

Y

SangoOlukosoOba:
For you to have reached a conclusion that Spanish loves friends and families, you definitely have a reason for that statement.

As a Nigerian, do we hate friends and families?

It is called lived experience. I live with them. You are free to talk about the Nigerians you live with.
There is enough space on Nairaland to fit all nations.

SangoOlukosoOba:
Okay, tell me about nationalities that don’t like friends and families.

Tell me how many you have lived with. In sociology, I was taught about lived experience.

SangoOlukosoOba:
So Nigerians don’t love their family?

In English writing, we have analysis, narrative and comparative statements. Mine was analysis.
You are free to do the comparative aspect.

Spanish love their family. They would do anything for family.

Y

$200k per annum minimum salary for doctors in the US is too tempting to ignore.

Baatunde:
What would you have done in the position of Mahmood? Cancel the election that has already been concluded? Human beings and human rice sha.......dont ever bother to satisfy them........people would have taken it to the rooftops if Mahmood had said " pellow Nigerians, because of malfunctioning BVAS and IReV all the votes you cast today are now cancelled, a presh day will be announced to try again and we hope BVAS would work with IReV this time and if not we go cancel am again until BVA works in sych with IReV , sorry por the incompenience....."

Imagine what would have happened in Nigeria on that fateful day.......End SARS for be child's play ..... how people would have taken tp the streets to rpotests the cancellation becasue each one of their candidates was winning..... biko why go through this hassles when there is an alternative method of doing it that does not compromise the overall outcome......

Is this why he pulled stuff off his behind and uploaded?
Why were the results he has different from the CTC at the states and local offices ?

Apapa, were art thou?

topsy23:
Oga mi, if I have the money I can invest in power generation . There are a lot of private company generating power and sell to estate , hotels in Lagos I have a project in Lekki and they contacted one independent power supply. They promised to give then minimum of 23hrs power supply daily. But the problem is that the cost of KWH is x5 of what you will get from EKEDC or IKEDC. But the good thing is that you will enjoy constant power supply.. There is no need of using generator at all .

Even recently Ikeja electricity distribution company have increase their charges .. they didn't notify the consumers . And this increase came about 3weks ago.

30unita is now 5000naira, whereas 50units was 5000naira a month ago.

The cost of setting up a 1MW gas generating station is going to be a huge amount ..

Some use gas generator anyway

Yes, the cost would be really huge. 1 megawatts is equivalent of 20 of those regular bank type 50 kva generator. With an average solar panel having just 300 watts, it means one would need about 3334 solar panels to generate 1 megawatts.
Look at this figure,
If one solar panel is #100k, therefore 3334 would be #340M.
Other equipment not included yet.
This thing no be beans!

seunpinky:
I used to work in a IPP in Lekki, Lagos. I was in charge of client relations, compliance mgnt and investment management.

To set up a 1mw IPP, u need a minimum of 1m usd. I worked on various financial models and I still have some of them handy.

Power business is not for the faint hearted.
Generation is one thing ( the IPP i worked with used CNG - Compressed Natural Gas)
Gas supply - u need to sign contracts with the big gas suppliers (Gasco marine etc)
Distribution - Distributing power from the power plant to the customers (estates, malls, schools etc) who’s gonna bear those costs. For distribution, u have to lay cables underground from the plant ( u will deal with LASIMRA etc)

If you are interested in setting up a power plant, you can reach out to me… I can give u a detailed breakdown of both project & financial analysis as well as seasoned contractors and Coys u can partner with.

Thanks. It seems you know your way with this topic. Please find a way to package this information, the network of stakeholders you have gathered over the years and keep them ready. It would be worth a lot in the coming days.
Even if it means registration of LLC as a consultant, do it.