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Nairaland Forum / Nairaland / General / Politics / Adeleke Warns FG Against Using Loans As Debt Trap For Students (16552 Views)
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Re: Adeleke Warns FG Against Using Loans As Debt Trap For Students by StaffofOrayan(m): 7:38pm On Jul 09 |
Alliswell248: I am a realist, According to the federal government itself, about 5% have over 500,000 naira in their account! Do you guys even pay attention to your country? |
Re: Adeleke Warns FG Against Using Loans As Debt Trap For Students by starz100: 7:38pm On Jul 09 |
Those who couldn't pay up b4 graduation, the loan will be deducted from their nysc allawee |
Re: Adeleke Warns FG Against Using Loans As Debt Trap For Students by opamoses1: 7:38pm On Jul 09 |
StaffofOrayan:You are a pessimist. There are many students in Nigeria that the money will help. |
Re: Adeleke Warns FG Against Using Loans As Debt Trap For Students by StaffofOrayan(m): 7:40pm On Jul 09 |
opamoses1: Sir, no entry level employee gets 86k$ after tax, Examine what people say to the reality on ground, don't just believe people online! You just don't leave school and start earning 86k |
Re: Adeleke Warns FG Against Using Loans As Debt Trap For Students by Lexusgs430: 7:40pm On Jul 09 |
Nigeria is already in a debt trap....... 🤣🇳🇬😂 |
Re: Adeleke Warns FG Against Using Loans As Debt Trap For Students by opamoses1: 7:41pm On Jul 09 |
StaffofOrayan:You don't even know how much loan he took. He said he paid it off, and that is his truth. Entry level employees do get more than 86k after tax depending on the job or company. |
Re: Adeleke Warns FG Against Using Loans As Debt Trap For Students by StaffofOrayan(m): 7:45pm On Jul 09 |
opamoses1: I gave you a federal government statistics you are still calling me a pessimist! Why do you think Awolowo came up with free education? |
Re: Adeleke Warns FG Against Using Loans As Debt Trap For Students by opamoses1: 7:46pm On Jul 09 |
StaffofOrayan:UK, Canada, US, Australia e.t.c are developed, how come they are not giving free education? Nigeria is not a communist or socialist country. 1 Like 1 Share |
Re: Adeleke Warns FG Against Using Loans As Debt Trap For Students by Goodvibes007: 7:48pm On Jul 09 |
Gov Adeleke is from a rich home. He was born with a silver spoon and his own kids were born with a silver spoon..Their dad was a politician in the 1st republic. His brother was a governor, another brother a billionaire, and he himself a senator and now a governor. Baba has lost touch with reality. He doesn't know what the average Nigerian kids go through to make it through universities. 1 Like |
Re: Adeleke Warns FG Against Using Loans As Debt Trap For Students by Goodvibes007: 7:52pm On Jul 09 |
StaffofOrayan:Chairman. During that era, the value of our currency was same with that of UK. People were even reverse japa-ing during that era. Times have changed, and Nigeria is no UAE or Cuba. Even though our political office holders are crooks. Alot of them can conveniently help so many students through universities from their constituency money and allocation, but greed won't let them. Although, I have a friend that's a legislative member in LASG. He is doing is best by sponsoring some students in university and even buying JAMB forms for all students trying to gain admission in his legislative constituent. Imagine if others were like him. 1 Like |
Re: Adeleke Warns FG Against Using Loans As Debt Trap For Students by ElSudani: 7:55pm On Jul 09 |
Student loans should be jointly guaranteed by the states and the FG. The idea that the FG will plunge anyone into debt is moot because no one should be compelled to take a loan he cannot afford to repay. |
Re: Adeleke Warns FG Against Using Loans As Debt Trap For Students by RhinoChest: 7:57pm On Jul 09 |
I like this scheme and student should use it to fund their academic pursuit or training. Because we have shortages of doctors and nurses, I would want FG to exclude medical students and trainee nurses from paying back. I would also exclude trainee students in Maths and sciences from paying, so we flood our schools with lots of science teachers. More science teachers mean more science students to teach, making us compete globally in that sphere. 1 Like |
Re: Adeleke Warns FG Against Using Loans As Debt Trap For Students by StaffofOrayan(m): 7:58pm On Jul 09 |
Goodvibes007: Wrong answer, everybody else thought it was a bad idea except Awo and a few, of course Awo could have decided on a loan and everyone would have thought it was dandy, like you if u were in that era, |
Re: Adeleke Warns FG Against Using Loans As Debt Trap For Students by ElSudani: 8:02pm On Jul 09 |
RhinoChest: I get your point but it will be discriminatory given the fact that this is not a grant but a loan. There are other ways to encourage the sciences. |
Re: Adeleke Warns FG Against Using Loans As Debt Trap For Students by StaffofOrayan(m): 8:02pm On Jul 09 |
opamoses1: But you do school feeding nonsense and cash transfers to the poor? Trader money, I would keep telling you guys to take a critical look at the country you are living in before you allow these clowns called politicians defeat the coming generation before they even realize it |
Re: Adeleke Warns FG Against Using Loans As Debt Trap For Students by SmartyPants(m): 8:06pm On Jul 09 |
Melancho: You can't begin to compare the two systems at all. American education is probably the most expensive in the world, even when you consider the high standard of living. How much are fees in the average federal or State university in Nigeria? Probably an average of 100k per session. The average graduate in a white-collar profession makes an average of 200k. They should be able to pay this easily. Furthermore, these loans, unlike the American ones which are issued by private providers, are non-interest bearing. |
Re: Adeleke Warns FG Against Using Loans As Debt Trap For Students by ElSudani: 8:07pm On Jul 09 |
Osun state can guarantee the loans for Osun students up to 40% at least. That is far better than putting all the burden on the FG. |
Re: Adeleke Warns FG Against Using Loans As Debt Trap For Students by givedemwotowoto: 8:07pm On Jul 09 |
MrBrownJay1: In modern societies, the money is not sent directly to the recipient. It is given through the school. You have it on your account digitally, then you can pay school fees with it, and if there’s money remaining afterwards and no other billsyou owe for the semester, the remaining can be transferred to your account for personal upkeep 1 Like 1 Share |
Re: Adeleke Warns FG Against Using Loans As Debt Trap For Students by StaffofOrayan(m): 8:08pm On Jul 09 |
opamoses1: Firstly, you are not coming into the company with any new knowledge except those gotten from college like others, neither are you coming in with patents or recommendations, you don't get paid that amount! Damnnnn |
Re: Adeleke Warns FG Against Using Loans As Debt Trap For Students by opamoses1: 8:15pm On Jul 09 |
StaffofOrayan:Go and tell that to those working at FAANG. You are talking like you are living under a rock. Lol. 2019 figure vs 2023 figure. It keeps going up. You need to expand your horizons.
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Re: Adeleke Warns FG Against Using Loans As Debt Trap For Students by Chimarto: 8:21pm On Jul 09 |
Kobojunkie:free? Suggest oooo I need one |
Re: Adeleke Warns FG Against Using Loans As Debt Trap For Students by hafeeanubasy: 8:26pm On Jul 09 |
1Alex:You think Nigerians read? 😆 They only react to headlines 2 Likes |
Re: Adeleke Warns FG Against Using Loans As Debt Trap For Students by RhinoChest: 8:28pm On Jul 09 |
ElSudani: It’s not discriminatory. We badly need doctors and they decide whether I’m alive to type on Nairaland or dead! Most of them have Japa. If we offer medical students N5 million annually, and nurses N2.5 million annually per semester, we will have enough to go round. We can mandate they spend 3 -5 years before they Japa. We should start using incentives to find solutions to our problems. Also, we need lots of engineers and scientists. |
Re: Adeleke Warns FG Against Using Loans As Debt Trap For Students by hafeeanubasy: 8:30pm On Jul 09 |
Playing opposition can make someone look stupid sha...just like being a ruling party can reveal incompetence Nigerian opposition just want to be rubbishing anything whether it makes sense or not 1 Like |
Re: Adeleke Warns FG Against Using Loans As Debt Trap For Students by Kobojunkie: 8:33pm On Jul 09 |
Chimarto:Search Google to find them to find and investigate the available options. ![]() |
Re: Adeleke Warns FG Against Using Loans As Debt Trap For Students by jaxxy(m): 8:33pm On Jul 09 |
sIfioksq: B4 u give out a loan u must have an idea or be sure of the process and path the loan can be paid and when. For students then u must be sure they will get jobs to pay back the loans and how and when the government will make the deductions. Npower was a failure and discontinued and this is is another rushed policy. |
Re: Adeleke Warns FG Against Using Loans As Debt Trap For Students by RichBoy247: 8:35pm On Jul 09 |
The rich wants to keep the poor down for life. Useless Ade de Dancer alias G9 Parallel does not want the poor to be educated at all. 1 Like |
Re: Adeleke Warns FG Against Using Loans As Debt Trap For Students by abysirius(m): 8:36pm On Jul 09 |
He should pay for them now.. Nonsense talk. Higher institutions are for adult; people old enough to take a decision and take responsibility for their decision. The thing is govt. cannot expect repayment yo commence until the student graduates and secure a means of living. However, once money starts flowing into the person's account then govt should go all out to ensure repayment. |
Re: Adeleke Warns FG Against Using Loans As Debt Trap For Students by RichBoy247: 8:38pm On Jul 09 |
Jostoman: This is Politics, and we are the Masters. Hero Beer Bitter Giringori is going about giving 10M to institutions, we are giving money to students. Let's see which of the two the people will prefer |
Re: Adeleke Warns FG Against Using Loans As Debt Trap For Students by RichBoy247: 8:39pm On Jul 09 |
PheelzAlmighty: Black ass or bleached pink ass? |
Re: Adeleke Warns FG Against Using Loans As Debt Trap For Students by RichBoy247: 8:40pm On Jul 09 |
iLoveYouToo: Silence is golden, but a dumb shameless dancer doesn't know 1 Like |
Re: Adeleke Warns FG Against Using Loans As Debt Trap For Students by MT: 8:42pm On Jul 09 |
ijustdey: Says someone whom a certain pupil wrote WAEC exam for ![]() ![]() ![]() ![]() 2 Likes 1 Share |
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