Dyfynezz12:

Does ur president stay in Nigeria to get his health care?

Nope!

Healthcare would get an exemption as universal right to life.

Health is not a choice or luxury.

If healthcare in Nigeria was not substandard, Nigerians would not behave like their Presidents who together seek better healthcare abroad.

Taylor92:
If not that Nigerians are stupid



Why would you expect education sector to boom when una president him self no go school



So Tinubu wey forge him certificate na Mumu naa

Omo your work rate mad gan oo. Sha no let exhaustion kee you

Harmonica35:
Japa syndrome. Imagine what will happen if this money remained in our economy. No wonder naira is falling everyday

That is just application fees…not school fees. The second highest sector demand of forex in Nigeria after fuel imports is foreign School fees believe it or not.

I thought they say hardship dey Nigeria, but people's account is fat.

Where are all these money coming from?

SoNature:
A huge fraction of Nigeria's FX goes into foreign education aka Japa. However, the good thing is that it's a worthy investment.

As more Nigerians leave the country, foreign remittance would surpass 2022's $20 billion. It will even get much better if Nigeria had a president people can trust.

But if we continue to elect druglords, people will run away and forget their country of origin.

See yourself.

It is more than that

Taylor92:
If not that Nigerians are stupid



Why would you expect education sector to boom when una president him self no go school



So Tinubu wey forge him certificate na Mumu naa

I can't wish my enemy your kind of brain

Might be BPA round tripping, might be JAPA in the guise of foreign education, might be to seek out the education as postulated, data analysis would clear of ambiguity and present clarity, however the country's public education from 6-3-3-3 is almost comatose. #ReviveQualityPublicEducationNow.

Cmeo:
Now tell me why naira won't lose value and dollar gains in value if we could be using or needing almost $2m everyday to pay school fees on our children to school abroad whereas the same service is available here.

Apart from needing over $1m weekly to import hair attachment only not to talk of food items, etc. Our middle class craving for foreign things are majorly part of the problem of Nigeria.

The moment the country (Nigeria) bettered the life of some people and made them middle-class that can save up to 10milion naira, they ditch the nation and forget the nation that made them and face the nation that colonize them. This life is funny

Can you compare Oxford university to Unilag? How about Harvard university to UNN?

Same services are not available here please.

Ashirioluwa:
More reason cost of education in Nigeria is up too, because they believe if Nigerians can pay $15k to $20k per year to school abroad then they should be able to afford between $100 to $1000 per year here in Nigeria.

Most of the money spent studying abroad is borrowed. Once you've Integrated over there, paying back becomes easier (while studying and working).

If you borrow money to study here, even years after graduation, you're not assured of getting a job let alone repaying.

this is BIG

carterguccy:



Rabid Dog 🐕 Always barking unnecessary! See what your frustrated and docile life has turn you to now?

Guy 7 years is a really long time to be Miserable! You need to sit up and take care of your home, even though you're a product of a failed family! Try hard and make a good name for your kids, that's if you're able to make one!

Stop ranting! Nobody gives a hoot about what you think of Nigeria or Tinubu.

Have a blessed day 🙏

7 years more = 2 terms.
So you really want him to rule for 2 terms.

Suffer no dey tire una zombies?
You spend more on everything you are buying now than in Buhari's era. And you're still supporting him blindly?

Albertone:


7 years more = 2 terms.
So you really want him to rule for 2 terms.

Suffer no dey tire una zombies?
You spend more on everything you are buying now than in Buhari's era. And you're still supporting him blindly?

Those people are very annoying, wickedness and selfishness is their problem.

Lush100:
.
Dear CBN we have seen your news.
Whose fault is it? Education zero Economy zero. We are human beings not data.
As for your assertion up there. The paradox is just annoying. So a whole nigeria can't have functional refinery that will serve her people.

That's what makes me give up on Nigeria

SoNature:
A huge fraction of Nigeria's FX goes into foreign education aka Japa. However, the good thing is that it's a worthy investment. As more Nigerians leave the country, foreign remittance would surpass 2022's $20 billion.

It will even get much better if Nigeria had a president people can trust. But if we continue to elect druglords, people will run away and forget their country of origin.

What percentage is this huge fraction?

Kindly tell us how much the political class and their children spend.. vacations and medical

StOla:
If I was President, everyone will be forced to look inward for everything, including healthcare, education, and tourism.

We can never have a healthy economy if all of our needs are being provided by international vendors.

Even our petroleum products are obtained internationally despite that we produce crude oil locally.

We can never develop with this constrained reality where we all have to seek foreign services because the local is unavailable or below standard.

The constitution doesn't give you such powers olodo. A country that is importing fuel has no right to criticize foreign education. Foreign education is no where close to the amount spent In petroleum importation.

Cmeo:
Now tell me why naira won't lose value and dollar gains in value if we could be using or needing almost $2m everyday to pay school fees on our children to school abroad whereas the same service is available here.

Apart from needing over $1m weekly to import hair attachment only not to talk of food items, etc. Our middle class craving for foreign things are majorly part of the problem of Nigeria.

The moment the country (Nigeria) bettered the life of some people and made them middle-class that can save up to 10milion naira, they ditch the nation and forget the nation that made them and face the nation that colonize them. This life is funny

Go back and read to see how foolish you sound. A country that has crude oil yet importing fuel. The amount spent on importing fuel is far more than the foreign education and rice importation put together. Kolo like you is typing rubbish. The greatest problem of this country is foolish citizens

Application fees or foreign tuition costs? 🤔

Why not? When you have a certificate forging drug lord as masquerading as president.

CodeTemplar:
ASUU be smiling at this headline.

Abi na...

Even the number of lecturers that has gone on to seek for greener pastures is a pointer to the fact that Nigeria has missed it on many fronts

See typical colo mentality.

What do you learn at Oxford and Harvard that you cannot learn at UNN and UNILAG?

After graduation at Harvard and Oxford who is going to employ you instead of their own children?

Las las at best you will be underemployed or regretfully watch others employed on campus while you find work at retail stores.

Do you know how many families beg their husbands, wives and children to get any job for now until something better comes up. So that they do not become another burden or run mad and depressed?

Albertone:


Can you compare Oxford university to Unilag? How about Harvard university to UNN?

Same services are not available here please.

Harmonica35:
Japa syndrome. Imagine what will happen if this money remained in our economy. No wonder naira is falling everyday

actually doing people 'japaing' send far more dollars than people going out, infact after oil japa people are our lagest source of foreign exchange

last year remittance is over $20billion, with more people leaving the remmittance will increase

Nigeria has large population, if we can train enough people we won't miss those that japa

afterall most japa people don't japa with their work, they leave the spot for the teaming unemployed (albeit less skillful) population

The same argument Slave Traders made!

oluwaseyi0:


actually doing people 'japaing' send far more dollars than people going out, infact after oil japa people are our lagest source of foreign exchange

last year remittance is over $20billion, with more people leaving the remmittance will increase

Nigeria has large population, if we can train enough people we won't miss those that japa

afterall most japa people don't japa with their work, they leave the spot for the teaming unemployed (albeit less skillful) population

nobaga:
See typical colo mentality.

What do you learn at Oxford and Harvard that you cannot learn at UNN and UNILAG?

After graduation at Harvard and Oxford who is going to employ you instead of their own children?

Las las at best you will be underemployed or regretfully watch others employed on campus while you find work at retail stores.

Do you know how many families beg their husbands, wives and children to get any job for now until something better comes up. So that they do not become another burden or run mad and depressed?

Not stepping your foot in a foreign soil before isn't an excuse for this colossal ignorance you just displayed now.

Check the global ranking of Harvard and Oxford, compare it with the global ranking of Unilag and UNN. You think they use outdated educational systems like us or their lecturers tell them "A is for God, B is for me, C is for brilliant students"?

Secondly, it's only in Africa that people get employed based on nepotism and favoritism.
Google "target schools" and you'll see that there are schools where employers go to recruit fresh graduates irrespective of race, ethnicity or whatever background. Except you don't posses the skills or papers required.

The whites too get underemployed in their countries. Some of them are even jobless while Indians, Pakistanis, Nigerians, etc have their hands full with jobs.

Again, even the whites too take on demeaning jobs till they get something better. So, it is not a function of being a Nigerian student in a foreign land.

Harmonica35:
Japa syndrome. Imagine what will happen if this money remained in our economy. No wonder naira is falling everyday

Can you use the application in your head called brains before you talk .

CodeTemplar:
ASUU be smiling at this headline.

ASUU helped in destroying our educational sector.

Cmeo:
Now tell me why naira won't lose value and dollar gains in value if we could be using or needing almost $2m everyday to pay school fees on our children to school abroad whereas the same service is available here.

Apart from needing over $1m weekly to import hair attachment only not to talk of food items, etc. Our middle class craving for foreign things are majorly part of the problem of Nigeria.

The moment the country (Nigeria) bettered the life of some people and made them middle-class that can save up to 10milion naira, they ditch the nation and forget the nation that made them and face the nation that colonize them. This life is funny

Highly intelligent post.

I always tell people that if WE THE PEOPLE did the right thing, we wouldn’t even notice if there’s corruption or not, because there will be money everywhere. Imagine if all the billions of naira Nigerian women spend every year on IMPORTED BRAZILIAN HAIR, was spent instead on paying traditional hair stylists to make creative braids or plaits? That alone will create a minimum 5 million new jobs, and raise the value of the naira by no mean percentage.

Then imagine when we now move into other areas like clothing, footwear, handbags etc.

If we decide today that we only want to buy those stuff IF THEY ARE MADE IN NIGERIA, guess what happens?

Demand for skilled personnel in making those things shoots up astronomically!

Everywhere you will see job postings advertising job openings!

As this is happening, naira will be rising in value!

Albertone:


Most of the money spent studying abroad is borrowed. Once you've Integrated over there, paying back becomes easier (while studying and working).

If you borrow money to study here, even years after graduation, you're not assured of getting a job let alone repaying.

Yes, you're right, but I never dispute the claim that some people borrowed money to go to school abroad. We all know it's an investment.

What I am saying is that our leaders believe that if some Nigerians can afford to pay $20k per year, whether they borrow it or not, to school abroad, then Nigerians at home should be able to pay between $100 and $1000 per year here in Nigeria.

How did they come about the figure though?

I know people who pay application fees with assistance from foreign friends, due to their inability to use their Nigerian Debit cards on foreign platforms.

Did the CBN obtain the data from the institutions?