SmartyPants:


I don't have access to the new Act, as it is not yet in the public domain, however, it is well-established that it is indeed covered there (in all the same places you got your own information from):


https://statehouse.gov.ng/news/in-detail-the-student-loan-access-to-higher-education-act-2024/

https://lawpavilion.com/blog/the-student-loan-access-to-higher-education-act-2024/

You can also see Section 6.2 of the NELFUND Guidelines, which says essentially the same thing as Section 22(2)(3) of the Old Act, i.e: that payments are to be deducted by employers, and in the case of the self-employed, should be collected from no more than 10% of their profits.

https://nefl-public-assets.s3.eu-west-1.amazonaws.com/PUBLIC+GUIDELINES+FOR+APPLICANTS+FUND+UNDER+THE+STUDENTS+LOANS+ACT+2024.pdf

So why are you arguing on what you don't know. The process of recovery is to start after two years post NYSC but the beneficiary has to request for extension and swear an affidavit that he is not employed in any form or manner

lexy2014:


how is sharing money for students better than and different from providing fuelsubsidy?

the issue everybody had with subsidy was that only a few people were benefiting from it... The money can be used to do other stuffs, not jst students loans

sparko1:


You will call the police if they can't provide what you expect, NO! You will report back to your LI and he will send you to another PpA and if it's worse you report back again or better still REDEPLOY😂😂 by the time you find yourself in a village that you have to cross water, no light, 90% can't speak English. In my time people opted to redeploy from Taraba were posted to Kebbi state, all the good PPA already taken.

Do you know how many NYSC corpers die every year, if she fall sick, 200k might not solve her problem, it's insane but that is the reality. BTW she redeployed from Jos because of the insecurity.

I'm not arguing the reality. I'm just pointing out to you that the 30k is not expected to cover all of a corp member's expenses

We4all:
I feel this is a waste of public funds. This is just another avenue to loot.

Muat you complain?

Kukutente23:

So why are you arguing on what you don't know. The process of recovery is to start after two years post NYSC but the beneficiary has to request for extension and swear an affidavit that he is not employed in any form or manner

Are you dull? You don't know what NELFUND Guidelines are? I just showed you evidence from three impeccable sources, and you asking me why I am arguing on what I don't know? And then you still sent further evidence saying exactly what I just said - i.e that if unemployed you do not pay! is it relevant whether you need to swear an affidavit or not? all that matters is that what i said, being that the unemployed do not pay is the factual situation. Of which you certainly can't quote the Section you are supposedly relying on either.

Brendaniel:


So this has solved all the problems of Nigeria?

Especially the ones Tinubu caused?

Will all solutions come at once?

Brendaniel:


So this has solved all the problems of Nigeria?

Especially the ones Tinubu caused?

Go and apply and stop ranting. BAT will.be your pre-formatted the next 8 years

20k? is it for agbado or garri?

SmartyPants:


Are you dull? You don't know what NELFUND Guidelines are? I just showed you evidence from three impeccable sources, and you asking me why I am arguing on what I don't know? And then you still sent further evidence saying exactly what I just said - i.e that if unemployed you do not pay! is it relevant whether you need to swear an affidavit or not? all that matters is that what i said, being that the unemployed do not pay is the factual situation. Of which you certainly can't quote the Section you are supposedly relying on either.

Keep quiet!!
You request for extension with an affidavit that you are unemployed. It is different from claiming that the money will not be recovered untill you start working. That's a blatant lie. Approving your request is still at the discretion of the Fund. Dummy

Judolisco:
the issue everybody had with subsidy was that only a few people were benefiting from it... The money can be used to do other stuffs, not jst students loans

who are the few people getting money? can you give me the exact number of those few people?

how many people are benefitting from the money now?

what are the other stuffs the money has been done with?

wow , more of meaningful policy that will impacts on Nigerian!!💯

Kukutente23:

Keep quiet!!
You request for extension with an affidavit that you are unemployed. It is different from claiming that the money will not be recovered untill you start working. That's a blatant lie. Approving your request is still at the discretion of the Fund. Dummy

Smh. Instead of you to admit that you have no single clue what we're talking about here you are dribbling your infantile self all over the place. Why not cite the precise section of the Act that says what you just said? Shame on you.

Darlingjay1:
All i see are the names of Hausas only

Because we southerners allow hate to becloud our sense of reason and cry about marginalisation later, now foolish southerners are rushing to apply while their northern counterparts have been cashing out. May we get sense one day

SmartyPants:


Smh. Instead of you to admit that you have no single clue what we're talking about here you are dribbling your infantile self all over the place. Shame on you!

Shut your mouth!
You claimed the loan will not be repaid until the loanee is employed
Meanwhile the Act clearly says after 2years post NYSC with a proviso for consideration if the individual requests citing unemployment
Are you daft or you're just playing?

agentarcher:
So many toxic people on this forum. Just because you can't benefit some something, you condemn it. The students receiving the 20k did not complain. School fees are taken care of. Extra 20k on top, their parents or legal guardians can easily add foodstuffs or something to support them. We need to remove hatred from our hearts. Some of the persons accusing Tinubu left and right are more evil than the devil. Some can't even manage their day-to-day life properly but think they are experts.

You Dey mind them? Tomorrow they will be asking what the FG has done to help the masses.

Honestly most Nigerians don’t understand what development is all about. Na only rice and garri dem sabi. Bunch of illiterates who claim they went to school

Krankhead:
Go and apply and stop ranting. BAT will.be your pre-formatted the next 8 years

You should be more concerned about your people your tribes man who claims to be president is suffering all because he wants to be president...

Even if you and him hates other tribes, what about your own people, do you people also hate them?

Vision101:


Will all solutions come at once?

Read my further comments...

Kukutente23:

Shut your mouth!
You claimed the loan will not be repaid until the loanee is employed
Meanwhile the Act clearly says after 2years post NYSC with a proviso for consideration if the individual requests citing unemployment
Are you daft or you're just playing?

I said cite the Section. Thanks. Mumu

Ironbull:


Really? That sound interesting.

no, interesting sound

lexy2014:


who are the few people getting money? can you give me the exact number of those few people?

how many people are benefitting from the money now?

what are the other stuffs the money has been done with?

it's a gradual process.... The problem of over 30 yrs can't be fixed in jst a year.... I don't want it to sound as If I'm defending tinubu.... But ask yourself the question why presidential candidates and other previous presidents have been urging us to remove the subsidy on fuel?

SmartyPants:


I said cite the Section. Thanks. Mumu

Dummy

You must be spoonfed everything

Judolisco:
if anyone entered and removed subsidy on the first day, it would have been the same thing happening today, only sowore promised not to remove subsidy.......tinibu's error was he tried to do everything at once, he removed subsidy on the naira and on oil.....now that we can see where he is channelling the money to, like this student loans, I have no problem......i don't trust any of the candidates except sowore, atiku has been at the helms of affairs, what did he do? obi was governor for 8 yrs and he was no better than tinubu, when tinubu was governor of lagos......obi was not even the best governor of his set...we had Babatunde raji fashola, Rotimi ameachi, even gbenga daniel....

if all the main candidates promised to remove subsidy then the result would have been the same.......

The result would never have been the same, Tinubu was never better than Obi as governor not even Fashola....

Judolisco:
it's a gradual process.... The problem of over 30 yrs can't be fixed in jst a year.... I don't want it to sound as If I'm defending tinubu.... But ask yourself the question why presidential candidates and other previous presidents have been urging us to remove the subsidy on fuel?

bros, that is not what I asked you.

who are the few people getting money?

can you give me the exact number of those few people?

how many people are benefitting from the money now?

what are the other stuffs the money has been done with?

Kukutente23:

Dummy

You must be spoonfed everything

Is that a section of the Act? You must have grey beards by now, yet behaving like a toddler. The effrontery of you to give me back what I gave you in the first place and call it spoonfeeding. Did you know what NELFUND was before I introduced it to you in my previous posts?? Come on get away from here!

Max24:

I do know Tinubu and have studied him since 1999. I know many people do not understand his political philosophy which is sophisticated.

Like I told other Tinubu supporters during the campaign period and even after he was sworn in, that time will reveal things, whether they believed me or not...

SmartyPants:


Is that a section of the Act? You must have grey beards by now, yet behaving like a toddler. The effrontery of you to give me back what I gave you in the first place and call it spoonfeeding. Did you know what NELFUND was before I introduced it to you in my previous posts?? Come on get away from here!

This boy sef
You introduced NELFUND to me
Rest

Kukutente23:
Unfortunately, what can 20k do for the students in a month? Indomie alone is 15k per carton now. Won't the student transport himself to school? What about other needs of the student? This is more like blowing air into the eyes of a blind man. It makes no difference!!

And the students will be expected to start paying back two years after they complete their NYSC. Talk about double wahala for dead body.

This is a good definition of you can never satisfy human beings no matter what you do.

LegendHero:


What if the government forgive the loan? Or you think that is impossible?

Even if they are taking it back, it’s going to stretch across years and if you are not a criminal, I don’t see how you won’t be able to pay back provided you have a job.

If you’re jobless, you won’t pay anything back. So what’s your fear?

Would you rather FG embezzle the money instead?

Govt forgive loan?
If it happens, how would govt get money to continue the scheme?

If you're jobless, you won't pay back?
Where is that written in the loan agreement?

Would you rather FG embezzle the money instead?
So you agree that the FG you're defending is embezzler? Good!

#This is nothing but an ill, desperate move to calm the youths. It would likely end up putting majority in debt, because the govt isn't ready to fix the economy which would make good jobs readily available.

#Well, in four years time we will get experiential reviews. May we be alive and in health till then.

What is the meaning of tuition-free pls?

LegendHero:


Stop saying nonsense. Schools are increasing fees and tuition is still free.

Even before student loan, schools increase fees back from 1999 because they adjust.

Are we paying same amount we are paying in 1999 in all FG schools?

How much I paid in FUTA keep increasing across every 2 years at least and sometimes they just slam some increase yet tuition is still free.

Go and check the itemization for those students, tuition is still N0 even till today.

Below is UNN in 2022 increasing fees. This is before Tinubu.
Another in 2017 where almost 10 FG school increase school fees.

What is the meaning of tuition-free pls?

Kukutente23:

Almost ALL schools increased fees last year
The NUC had to come out to claim tuition was still free after much outcry
You're not in Nigeria but you'll be arguing about events from your cocoon
Na wa o
BTW, the headlines you're posting says tuition fees while your argument has been that no tuition. Are you arguing against yourself now?

What is the difference between tuition and school fees?

LegendHero:


lol see this one. I am more on ground than you.

I have cousins that I am paying school fees for regularly. That’s because I’m still young and not married yet to even having kids.

See Nigeria don’t know the difference between tuition and schoolfees. So they use it interchangeably. So while you see news house writing it as tuition, they still mean school fees.

In 2017, FG universities hike tuition, yet tuition is still N0. That’s simple because they hike school fees.

Since you said na Tinubu student loan cause school to start charging tuition, why is FG increasing tuition in 2017?