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President Tinubu Signs Student Loan Bill Into Law (Pictures) - Politics (7) - Nairaland

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President Tinubu Signs Data Protection Bill / Details Of The Student Loan Bill Signed By President Tinubu / President Tinubu Signs Electricity Act 2023 Into Law (2) (3) (4)

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Re: President Tinubu Signs Student Loan Bill Into Law (Pictures) by sonnie10: 7:18pm On Jun 12, 2023
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.

2 Likes

Re: President Tinubu Signs Student Loan Bill Into Law (Pictures) by budaatum: 7:18pm On Jun 12, 2023
blaise26abj:

From what I have learnt so far in life , not everyone should go to university or even polytechnic. We focus too much on the university education that we neglect the practical works . My mason drives a 2008 Corolla . My bricklayer and he is not a yahoo guy ! Something most graduates can’t even afford . One of my friends is a carpenter and he is a graduate and he just bought a 2022 Honda Accord and he is not into fraud . The jobs we look down on as a society have mad potentials . Coding and IT does not need the 4 walls of a university for you to earn in dollars .
The world has changed and Nigeria has to catch up

Mechanic, after years of apprenticeship, came to UK and has now bought the garage that serviced my car. Outside, he parks his 2024 Porsche Cayenne, while I'm asking for discount to service my ......

1 Like

Re: President Tinubu Signs Student Loan Bill Into Law (Pictures) by JoshTim: 7:20pm On Jun 12, 2023
Babaken:
there's need to complain because you can't a jobless man to pay back loan.

It's already stated in the student loan Bill, no income no repayment. Don't cry more than the bereaved.

2 Likes 1 Share

Re: President Tinubu Signs Student Loan Bill Into Law (Pictures) by budaatum: 7:21pm On Jun 12, 2023
Skyview01:
I smell federal school fees going up soon!

Very high up indeed, unfortunately. But I agree with Obi who said "university education cost money", or something similar.
Re: President Tinubu Signs Student Loan Bill Into Law (Pictures) by leanonme82: 7:23pm On Jun 12, 2023
chuose:
Why NOT Free education?

Higher education cant be free? Professors are not free.

1 Like

Re: President Tinubu Signs Student Loan Bill Into Law (Pictures) by juman(m): 7:24pm On Jun 12, 2023
Do you know what?

Tinubu is the president.

1 Like 1 Share

Re: President Tinubu Signs Student Loan Bill Into Law (Pictures) by blaise26abj(m): 7:29pm On Jun 12, 2023
budaatum:


Mechanic, after years of apprenticeship, came to UK and has now bought the garage that serviced my car. Outside, he parks his 2024 Porsche Cayenne, while I'm asking for discount to service my ......
One of my friends is also a mechanic and is also in the UK right now . Employed directly from Nigeria . He is really good and he is a graduate . I know he will excel over there .

2 Likes 1 Share

Re: President Tinubu Signs Student Loan Bill Into Law (Pictures) by Ebubu2: 7:29pm On Jun 12, 2023
ManWater:
This is good.
But they can as well call it Scholarship because no student will pay back a loan.
Not when your BVN and NIN are automatically attached and deductions made automatically everytime you deposit into an account linked to your BVN

1 Like

Re: President Tinubu Signs Student Loan Bill Into Law (Pictures) by NOwazobia: 7:33pm On Jun 12, 2023
shegra58:
Omo Ibo just happy for good news at least for once
Anybody not in support of your Jagaban is Omo igbo to your likes 😂🤣
Re: President Tinubu Signs Student Loan Bill Into Law (Pictures) by obembet(f): 7:33pm On Jun 12, 2023
LesbianBoy:
Young people should not fall for all these.

All these is just to calm you guys down so that when they start dealing with you guys you won't even know.

Tinubu is a great manipulator. This is the same tactics he used in Lagos that's why even if he has turn so many young people to agberos they can't complain because he has bought their conscience before angry

What can Tinubu do that will please you?

2 Likes

Re: President Tinubu Signs Student Loan Bill Into Law (Pictures) by Ebubu2: 7:34pm On Jun 12, 2023
JohnBullMySon:
This indirectly means that education subsidy is next to be thrown outta the window

High tuition incoming grin
high tuition coming and no more ASUU strike.

I love Tinubu.

Thrown away fuel subsidy and education subsidy.

Next is our epileptic power which he has handed over to states.

No state governor has excuse not to ensure steady electricity to his citizens.

1 Like 1 Share

Re: President Tinubu Signs Student Loan Bill Into Law (Pictures) by budaatum: 7:37pm On Jun 12, 2023
blaise26abj:

One of my friends is also a mechanic and is also in the UK right now . Employed directly from Nigeria . He is really good and he is a graduate . I know he will excel over there .

He very will. Along with the doctors and teachers which require university degrees, UK is suffering from a deficiency in handy people and even farm workers.

https://www.gov.uk/guidance/coming-to-the-uk-for-seasonal-agricultural-work-on-english-farms

3 Likes

Re: President Tinubu Signs Student Loan Bill Into Law (Pictures) by BlueAir: 7:37pm On Jun 12, 2023
wink I'm so happy. I dropped put for 3years now. If I can get that loan,I'll go back and finish my undergraduate study. It's a daily pain for me I dropped out. I need to pay 220k before I can resume. I'll take any loan to go back
iammo:
cool



Good one... Gbajabiamila really working

Many bills need urgent attention and signature to be law

All the solutions to Nigerian problems have been debated since 1999 and bills sent for assent, policy documents and National conference documents are all in the Aso Rock Archives and library

Tinubu would implement all policy one after the other

Benefits of the bill

*University sets their Tuition according to ASUU and NASU requirements

*Tuition at 500,000 to 700,000 students have to pay or take a loan

* Serious Student get a Loan to pay

* Unserious student drops out, becoming Olosho and yahoo

*Rich Student pay upfront

No more ASUU strike, as University would be fully autonomous




.

2 Likes 1 Share

Re: President Tinubu Signs Student Loan Bill Into Law (Pictures) by budaatum: 7:38pm On Jun 12, 2023
Ebubu2:
high tuition coming and no more ASUU strike.

I love Tinubu.

Thrown away fuel subsidy and education subsidy.

Next is our epileptic power which he has handed over to states.

No state governor has excuse not to ensure steady electricity to his citizens.

He should throwaway salary subsidy too by scrapping NYSC so employers pay the going wages.
Re: President Tinubu Signs Student Loan Bill Into Law (Pictures) by lexy2014: 7:41pm On Jun 12, 2023
sonnie10:

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.

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?
Re: President Tinubu Signs Student Loan Bill Into Law (Pictures) by MrBroke(m): 7:42pm On Jun 12, 2023
In this 21st century person go take loan to go school to get work to pay back the loan. Oyinbo man rat race pattern.
People just dey suffer dier self. Wetin consine me, mtchewww
Re: President Tinubu Signs Student Loan Bill Into Law (Pictures) by Gentlevip: 7:47pm On Jun 12, 2023
How will a student or job seeking graduate or drop out pay these millions he took as loan?

How!

This is a big start to new enslavement to capitalist
Re: President Tinubu Signs Student Loan Bill Into Law (Pictures) by Moniya4Real(m): 7:47pm On Jun 12, 2023
“Unserious student drops out, becoming Olosho and yahoo”😂😂😂



iammo:
cool



Good one... Gbajabiamila really working

Many bills need urgent attention and signature to be law

All the solutions to Nigerian problems have been debated since 1999 and bills sent for assent, policy documents and National conference documents are all in the Aso Rock Archives and library

Tinubu would implement all policy one after the other

Benefits of the bill

*University sets their Tuition according to ASUU and NASU requirements

*Tuition at 500,000 to 700,000 students have to pay or take a loan

* Serious Student get a Loan to pay

* Unserious student drops out, becoming Olosho and yahoo

*Rich Student pay upfront

No more ASUU strike, as University would be fully autonomous




.

1 Like 1 Share

Re: President Tinubu Signs Student Loan Bill Into Law (Pictures) by bdon12: 7:50pm On Jun 12, 2023
femisplash:

It wasn't top of buhari's priority. He had 8yrs but couldn't make it happen. It was Tinubu who campaigned with student loan in 2015 for Buhari's election and campaigned with it again for himself in 2023.
Bro,it passed 2nd reading may 25th,was tinubu in power may 25th?
I mean its a good thing tinubu didnt throw d bill away,bt dont forget d person that used his influence to make it go through house of reps without any hiccups. This is buhari weldone ,not a tinubu.
I giv it to tinubu for d subsidy thing although it could hav been handled better
Re: President Tinubu Signs Student Loan Bill Into Law (Pictures) by sonnie10: 7:59pm On Jun 12, 2023
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.

1 Like

Re: President Tinubu Signs Student Loan Bill Into Law (Pictures) by Monaboo(m): 8:00pm On Jun 12, 2023
What if the person finishes and decides to change name, be self employed or relocate out of the country?

How will they go about it?

I'm sure they didn't think of that.

And as they are thinking of this, they should also think of creating jobs for graduates if they really want such loans to be repaid in 2 years.

You can not tell a jobless graduate to pay money back when he hasn't gotten money for himself.
Re: President Tinubu Signs Student Loan Bill Into Law (Pictures) by hammerT: 8:01pm On Jun 12, 2023
IT IS GOOD ON PAPER, BUT IN REALITY, HOW MANY STUDENT BANK FIT LEND MONEY IN THIS HARSH ECONOMIC REALITY?



THAT IS THE GAME, WIN PUBLIC OPINION BUT IN ACTUAL REALITY VERY FEW WLL GET LOAN, IF ANY.
Re: President Tinubu Signs Student Loan Bill Into Law (Pictures) by deeva2: 8:05pm On Jun 12, 2023
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.

1 Like

Re: President Tinubu Signs Student Loan Bill Into Law (Pictures) by JohnnA1: 8:07pm On Jun 12, 2023
VIKTO83:
Do u know the good thing about This?
Govt won't allow their money to go and so they will make sure u are absorbed after graduation and that will make it easier for them to recoup their money.

Can't u see this will FAVOUR the youths the more?
So true, you are thinking.
Re: President Tinubu Signs Student Loan Bill Into Law (Pictures) by tuzle(m): 8:08pm On Jun 12, 2023
Yampotatocarrot:


I think the subsidy on school fees will be removed and school fees will Increase in all universities... That way, universities become autonomous and stop waiting for handouts from the federal government...
omo if it is that one, then it will be really needed for them. At least everyone will have the chance for education. But another things is that if job rate after school doesn't increase it will affect the rate some will be able to pay back.
Re: President Tinubu Signs Student Loan Bill Into Law (Pictures) by Jeezuzpick(m): 8:14pm On Jun 12, 2023
ManWater:
This is good.
But they can as well call it Scholarship because no student will pay back a loan.


It will be an option, not compulsory.

Once taken, repayment is a must.

It's being done in the U.S.

However, the problem here is that school fees are about to get jacked up, and most students will have no choice but to take it.

1 Like

Re: President Tinubu Signs Student Loan Bill Into Law (Pictures) by sonnie10: 8:16pm On Jun 12, 2023
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.

1 Like

Re: President Tinubu Signs Student Loan Bill Into Law (Pictures) by fr3do(m): 8:18pm On Jun 12, 2023
chuose:
Why NOT Free education?

Gbam!

Countries that give free education, do not have two heads

When this bill takes effect, expect school fees to skyrocket.

1 Like

Re: President Tinubu Signs Student Loan Bill Into Law (Pictures) by Corridon: 8:19pm On Jun 12, 2023
garfield1:


So you can be objective
I praise good things when I see one.
Re: President Tinubu Signs Student Loan Bill Into Law (Pictures) by nnamdi640: 8:20pm On Jun 12, 2023
Nasir123:


Shup up abeg!
We're moving forward.

Suffer no dey tire you😕😕
You should be the one that needs to shut your mouth up. That is how you guys over hyped Buhari to the point of praising him for using 6months to select ministers at the end what happened?
Re: President Tinubu Signs Student Loan Bill Into Law (Pictures) by XAUBulls: 8:20pm On Jun 12, 2023
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.

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