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Umahi: Government Will Not Borrow N1.1 Trillion To Meet ASUU’s Demand - Politics (3) - Nairaland

Nairaland Forum / Nairaland / General / Politics / Umahi: Government Will Not Borrow N1.1 Trillion To Meet ASUU’s Demand (20265 Views)

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Re: Umahi: Government Will Not Borrow N1.1 Trillion To Meet ASUU’s Demand by Slynation(m): 8:23am On Aug 11, 2022
It's well tho...
Re: Umahi: Government Will Not Borrow N1.1 Trillion To Meet ASUU’s Demand by kay29000(m): 8:35am On Aug 11, 2022
Even though I don't support this government, it seems as if some of you don't know what 1 trillion naira is. That's a whole lot of money. I guess it accumulated over the years cos that money is just too much.

2 Likes

Re: Umahi: Government Will Not Borrow N1.1 Trillion To Meet ASUU’s Demand by bizzibodi(m): 8:37am On Aug 11, 2022
Borrow! Borrow Government.
Re: Umahi: Government Will Not Borrow N1.1 Trillion To Meet ASUU’s Demand by Nobody: 8:37am On Aug 11, 2022
Cursed politicians ruling Nigerians
Re: Umahi: Government Will Not Borrow N1.1 Trillion To Meet ASUU’s Demand by ultim: 8:43am On Aug 11, 2022
Warlord12:


https://guardian.ng/news/government-will-not-borrow-n1-1-trillion-to-meet-asuus-demand-says-umahi/

While agreeing that university education is not for everyone, the statement on maintenance culture being a duty on the user alone smacks of classified ignorance. In saner climes, you award almost same amount that erected a public building on maintenance. Roads are taken care of in the same way.
That is why you cannot see a single pothole in some countries' roads. In Nigeria, you are building a state of the art public edifice which the tiles alone require certain chemicals for maintenance and the septic pipes need biennial reinforcement. No one cares again after handing same over. Come back after 2 yeas, the building is already a shadow of itself.
You hand over a 30 billion ashfault road to FERMA that has only local bitumen and blasted granite stones. Pls is there anything really wrong with the black man? Or are all these just as a result of graft?

Then on the 1.3 trillion, ASUU in not insensitive, government is. This same gradual enforcement is what dragged this matter till now. There have been leverages and concessions handed out by ASUU for government to gradually implement their own side of the bargain. But after the talk, they will just put their back. Spend a chunk of budgets funding themselves, diverting a chunk of it and sending their children abroad. Who is fooling who.

Umahi should ask necessary questions before spewing trash
Re: Umahi: Government Will Not Borrow N1.1 Trillion To Meet ASUU’s Demand by tuzle(m): 8:48am On Aug 11, 2022
They even gave Afghanistan $1milliom dollar gift, bought car for Niger and also building railway to Niger when most Nigerian states don't even have one
Re: Umahi: Government Will Not Borrow N1.1 Trillion To Meet ASUU’s Demand by Fuckingmallam45(m): 8:59am On Aug 11, 2022
Sapiosexuality:
Fools capitalising on 1.1Trillion trying to confuse the masses. The deal is not for 1.1T at a time but to release a total of that amount in 5 years. Fools twisting the story.

So basically, what ASUU demands for the revitalisation of universities is about N220B per year for five years. 200B per year shouldn't be too hard for any reasonable government.
Where did you get your own news from, please provide the source I want to check something.
Of all the news platform I have visited, they are all saying the same thing. They said "The claim that ASUU is demanding less than N200billion to end their strike is false. The Union’s demands, especially for revitalization and earned allowances, amount to about N1.1trn." mind you, ASUU wants this money to be paid once.

1 Like

Re: Umahi: Government Will Not Borrow N1.1 Trillion To Meet ASUU’s Demand by boss221: 9:01am On Aug 11, 2022
Just go and print d 1.1 trillion.. ona dey print since.. so no waste time
Re: Umahi: Government Will Not Borrow N1.1 Trillion To Meet ASUU’s Demand by Nobody: 9:17am On Aug 11, 2022
As harsh as he sounds, he is right.

Yes, university is not for everyone. You are not diminished by not having BSc at the end of your name. We need more vocational and technical education so that we can have the people that would power our industrial revolution

And yes, universities need a lot of money, and since ASUU and government don't want to increase fees or taxes, borrowing is all that is left. Or we remove subsides and use 2 trillion from the savings for universities yearly.

But tell Nigerians that, they will call you Buhari. Buhari is a bad leader,fact, but it is also a fact that there is no tree that produces naira and dollar notes at demand.

1 Like

Re: Umahi: Government Will Not Borrow N1.1 Trillion To Meet ASUU’s Demand by MrAmaechi(m): 9:19am On Aug 11, 2022
The government has not been truthful with the little by little. That's why we are here. However, depending on government will not help education in Nigeria.
Don't burrow. Sell it
Re: Umahi: Government Will Not Borrow N1.1 Trillion To Meet ASUU’s Demand by Nobody: 9:22am On Aug 11, 2022
ultim:


While agreeing that university education is not for everyone, the statement on maintenance culture being a duty on the user alone smacks of classified ignorance. In saner climes, you award almost same amount that erected a public building on maintenance. Roads are taken care of in the same way.
That is why you cannot see a single pothole in some countries' roads. In Nigeria, you are building a state of the art public edifice which the tiles alone require certain chemicals for maintenance and the septic pipes need biennial reinforcement. No one cares again after handing same over. Come back after 2 yeas, the building is already a shadow of itself.
You hand over a 30 billion ashfault road to FERMA that has only local bitumen and blasted granite stones. Pls is there anything really wrong with the black man? Or are all these just as a result of graft?

You don't see holes in the roads abroad because they pay taxes at a higher rate. (I have a senior colleague who has refused to japa to the UK for higher salary, because as he put it..a large chunk of the salary would go in taxes).

Nigeria...we rely only on oil. In the past, agriculture, minerals...even now. And all have this problem...the price does not stay at a level that can sustain all of us. That is why we have issues funding things.

Then on the 1.3 trillion, ASUU in not insensitive, government is. This same gradual enforcement is what dragged this matter till now. There have been leverages and concessions handed out by ASUU for government to gradually implement their own side of the bargain. But after the talk, they will just put their back. Spend a chunk of budgets funding themselves, diverting a chunk of it and sending their children abroad. Who is fooling who.

1.No matter what you say, the fact is, government has not been able to squeeze out 1.3 trillion naira. The only way they can do that now is by removing subsides on fuel...and spending part of the money on universites...OR raising taxes .....OR....high fees.

UK...a sane clime..funds universites by high fees, and taxes. They don't rely on resources whose prices fluctuates as well.

Umahi should ask necessary questions before spewing trash [/quote]
Re: Umahi: Government Will Not Borrow N1.1 Trillion To Meet ASUU’s Demand by Nobody: 9:22am On Aug 11, 2022
kay29000:
Even though I don't support this government, it seems as if some of you don't know what 1 trillion naira is. That's a whole lot of money. I guess it accumulated over the years cos that money is just too much.

That was ASUU's original demand...as agreed to in the 2009 ASUU/FG agreement.

1 Like

Re: Umahi: Government Will Not Borrow N1.1 Trillion To Meet ASUU’s Demand by Sapiosexuality(m): 9:23am On Aug 11, 2022
Fuckingmallam45:

Where did you get your own news from, please provide the source I want to check something.
Of all the news platform I have visited, they are all saying the same thing. They said "The claim that ASUU is demanding less than N200billion to end their strike is false. The Union’s demands, especially for revitalization and earned allowances, amount to about N1.1trn." mind you, ASUU wants this money to be paid once.
I don't have the energy convince you, man.
Re: Umahi: Government Will Not Borrow N1.1 Trillion To Meet ASUU’s Demand by Yakson09: 9:26am On Aug 11, 2022
sotall:
tongue

But the same government can buy cars worth 1.4bn for another country while ASUU is on strike
. Oga how many billions are there in a trillion?
Re: Umahi: Government Will Not Borrow N1.1 Trillion To Meet ASUU’s Demand by Nyanabo(m): 9:30am On Aug 11, 2022
In trying to sound wise, the goat ended up making himself so foolish than he appears to be.

What a clown Other countries are making 1st degree the minimum education level their citizen must have and this baba is saying secondary school education are we still in the 70s ?

I'm not surprised we ended up with buhari if a 1st degree holder can spew this rubbish then we deserved buhari and all his baggage.
Re: Umahi: Government Will Not Borrow N1.1 Trillion To Meet ASUU’s Demand by Billygee2u: 9:30am On Aug 11, 2022
Mokason288:
This man sounds foooooolish

But your president can buy cars worth 1.4 billion for another country
Re: Umahi: Government Will Not Borrow N1.1 Trillion To Meet ASUU’s Demand by hssd8nland: 9:31am On Aug 11, 2022
Mokason288:
This man sounds foooooolish

But your president can buy cars worth 1.4 billion for another country
oga do you know 1.1 trillion at all ? Nor billion ohh,
Re: Umahi: Government Will Not Borrow N1.1 Trillion To Meet ASUU’s Demand by WeLive: 9:31am On Aug 11, 2022
But this money will it be only for federal Universities?

If so, why are State Universities joining this ASUU strike?
Re: Umahi: Government Will Not Borrow N1.1 Trillion To Meet ASUU’s Demand by Billygee2u: 9:32am On Aug 11, 2022
Racoon:
sad The 1.4B gift to Niger Republic and monies stolen by the NNPC, Accountant-General and other high profile crooks under this wicked govt should have helped out to some extent.

One can never join the coven of wicked broom wielding witches and wizards then be expected to think straight. This is what that has happened to Dave Umahi.
Re: Umahi: Government Will Not Borrow N1.1 Trillion To Meet ASUU’s Demand by Lazenby007(m): 9:33am On Aug 11, 2022
Idiot. University education is not for everyone but you and your wife are graduates ; your children are undergraduates or graduates. Foolish man
Re: Umahi: Government Will Not Borrow N1.1 Trillion To Meet ASUU’s Demand by Billygee2u: 9:33am On Aug 11, 2022
Honjoshy4u:
UMAHI lost his sense of decency the day he joined APC. But impostor can borrow money to buy cars for Niger Republic
Re: Umahi: Government Will Not Borrow N1.1 Trillion To Meet ASUU’s Demand by DOM7: 9:33am On Aug 11, 2022
From the zombie slave himself, but you can borrow to construct railway to Niger!
Re: Umahi: Government Will Not Borrow N1.1 Trillion To Meet ASUU’s Demand by DOM7: 9:35am On Aug 11, 2022
From the zombie slave himself, but you can borrow to construct railway to Niger! And buy billions of naira Jeep to Nigerian government.

1 Like 1 Share

Re: Umahi: Government Will Not Borrow N1.1 Trillion To Meet ASUU’s Demand by Billygee2u: 9:36am On Aug 11, 2022
Honjoshy4u:
UMAHI lost his sense of decency the day he joined APC. But impostor can borrow money to buy cars for Niger Republic
But, shame to Nigerian students that can't revolt

1 Like

Re: Umahi: Government Will Not Borrow N1.1 Trillion To Meet ASUU’s Demand by sotall(m): 9:37am On Aug 11, 2022
Yakson09:
. Oga how many billions are there in a trillion?

A man who is in debt doesn't have business with gifting people things.
Re: Umahi: Government Will Not Borrow N1.1 Trillion To Meet ASUU’s Demand by TruthIsBitter02: 9:46am On Aug 11, 2022
But they can borrow to build rail line to Niger republic. Shame on APC
Re: Umahi: Government Will Not Borrow N1.1 Trillion To Meet ASUU’s Demand by Yakson09: 9:49am On Aug 11, 2022
sotall:


A man who is in debt doesn't have business with gifting people things.
. Abeg help answer my question
Re: Umahi: Government Will Not Borrow N1.1 Trillion To Meet ASUU’s Demand by ultim: 9:52am On Aug 11, 2022
29kobo:


You don't see holes in the roads abroad because they pay taxes at a higher rate. (I have a senior colleague who has refused to japa to the UK for higher salary, because as he put it..a large chunk of the salary would go in taxes).

Nigeria...we rely only on oil. In the past, agriculture, minerals...even now. And all have this problem...the price does not stay at a level that can sustain all of us. That is why we have issues funding things.



1.No matter what you say, the fact is, government has not been able to squeeze out 1.3 trillion naira. The only way they can do that now is by removing subsides on fuel...and spending part of the money on universites...OR raising taxes .....OR....high fees.

UK...a sane clime..funds universites by high fees, and taxes. They don't rely on resources whose prices fluctuates as well.

Umahi should ask necessary questions before spewing trash

You miss the point on tax. Who says Nigerians dont pay tax. That's quite funny. What is the IGR on the crude export even before the hullabaloo about the crash in price or removal of subsidy? How are the accruals spent. The problem is that we don't ask necessary questions. How much does the FIRS generate from CITA alone and how much goes back to the covers of government? How much is spent capital and how much on recurrent expenditure? The revenue on crude alone can achieve whatever Europe has achieved on infrastructure and it's sanity. Are you kidding me? My PAYE alone is 100% of my entire earning and yet we don't pay tax.

When you say UK universities generate funding from school fees I laugh again. Nigerian university had long sought for autonomy but same government has severally kicked against it. Scholarship schemes in foreign schools are created by private individuals and coalition groups. This is the major ways education is being funded abroad. Fees are subsidised for citizens and facilities are taken care of. Research grants here and there do not come from students fees. They are created from different projects enabled by government and different agencies. The problem here is that the police makers either so not understand how education runs successfully in this age or they deliberately ignore same.
TETFUND takes care if the tax you are talking about but how are the trillikns in Tetfund being spent. It is under the presidency. A source even said that TETFUND is the second most corrupt agency in Nigeria after NNPC.

Leadership problems, graft and somehow ignorance are the bane of sustainable development in Nigeria.
Re: Umahi: Government Will Not Borrow N1.1 Trillion To Meet ASUU’s Demand by ShakurMY(m): 9:54am On Aug 11, 2022
Mokason288:
This man sounds foooooolish

But your president can buy cars worth 1.4 billion for another country


You people are illiterates.
Re: Umahi: Government Will Not Borrow N1.1 Trillion To Meet ASUU’s Demand by Gabbriell: 10:05am On Aug 11, 2022
Now 700 naira is one dollar

Before APC 1.1 trillion was about 200 billion naira.

These empty head politicians have wrecked the country.

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