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NELFUND: Varsity Students Celebrate, Stock Foodstuffs With ₦‎20,000 Loan - Education (3) - Nairaland 3t4j5p

NELFUND: Varsity Students Celebrate, Stock Foodstuffs With ₦‎20,000 Loan (20198 Views)

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AbujaLagos: 3:39pm On Aug 11, 2024
LadyExcellency:
What is N20,000? If a plate of food costs 1000 for a meal, what will N20,000 cover in Abuja?
food is kinda cheap in Abuja if you know where to source for food.

2 Likes

cucumbar: 3:44pm On Aug 11, 2024
Adakintroy:
Price of food going up yet no one want to invest in agriculture.

But if na tech , you go see crowd. This generation too feminine. It's why they love soft and not hard work.
Agbadorian… make dem go farn make Fulani wey your master Dey kill them abi ? Werey
Bluntemperor: 3:46pm On Aug 11, 2024
seunmsg:


The loan is not for them to live like kings. It’s majorly to pay their schools fee and still have a stipend to play around with. The loan should also not be too much so that the burden of repayment won’t be much.
The N20k stipend is minus the school fee that is paid to the school directly.
Again, it’s a loan. If you don’t need it, don’t take it.

God bless you and your perfect answers to the charlatans who doesn't not see anything good in this Govt but always criticism.
Anyway,na IPOB Agenda - make you no gree, even no matter how good,the government is,
- the Students Loans granted- directly goes to the Specified Schools - given by the Students,while the 20k is additional Stipends, given by the Govt- which was not solicited for by the Students but govt gave it magnanimously!
So why crucified the Program? Were the Students asking for it before? NO!
Please,let the students that needs it breath,for its not for those who can afford the School Fees on their own and the Repayments is for a Long time.

3 Likes 2 Shares

Max24: 3:46pm On Aug 11, 2024
RealityKings:

You should be able to mention the names na
Are you from village?

1 Like

CodeTemplar: 3:48pm On Aug 11, 2024
Nigerians feed with 60% of income.
RealityKings: 3:48pm On Aug 11, 2024
Max24:

Are you from village?

Don't bite more than you can chew...
This is not a warning, consider it a threat
1xPOS: 3:55pm On Aug 11, 2024
....okay
Mom007(f): 3:58pm On Aug 11, 2024
I don't understand. So all the hype about student loan was because of 20k? I thought we were talking about school fees and hostel accommodation fees... 20k? Really?

Chai! Nigeria sorry.... How is this supposed to help anyone? Is it a palliative? What is this? shocked
pafun(m): 3:58pm On Aug 11, 2024
RealityKings:
Fun Fact... Things 20,000 can buy

2 bowls or rice (2600 x2) 5200
1 bowl of beans _________4300
2 bowls of Garri (1500x2) 3000
Palmoil ____1200
5 Eggs ___1000
2 Spaghetti _____2000
Salt 100
Seasonings____400
Milk (no even reason am)
Data subscription ____2000
Airtime 1000

Total is 20,200

All this is excluding Transportation to school

It won't even last you 2 weeks before the 20 finish..

Some will take their seeds and eat it
Some will take their seeds and plant it
That's how long the money will last

1 Like

Adakintroy: 4:00pm On Aug 11, 2024
cucumbar:
Agbadorian… make dem go farn make Fulani wey your master Dey kill them abi ? Werey

Everyone no be politician. Learn to take ur head from politics.
joelbooks: 4:07pm On Aug 11, 2024
Mom007:
I don't understand. So all the hype about student loan was because of 20k? I thought we were talking about school fees and hostel accommodation fees... 20k? Really?

Chai! Nigeria sorry...
This is really pathetic. How is this supposed to help anyone? Is it a palliative? What is this? shocked

Nigerians with stomach infrastructure sha... una too like bribe! Yes, this is nothing but a cheap bribe that the government will still use to count scores and divert billions! Shame!

Did you go to school at all?

2 Likes

geoworldedu: 4:09pm On Aug 11, 2024
JagabanB:

What do you suggest?
The govt should give 200k every month to the students abi?
So that when they can't pay tomorrow, same u will come out with another round of analysis.
The 20k should be a dash, not a loan.
okoolori(m): 4:11pm On Aug 11, 2024
Mom007:
I don't understand. So all the hype about student loan was because of 20k? I thought we were talking about school fees and hostel accommodation fees... 20k? Really?

Chai! Nigeria sorry...
This is really pathetic. How is this supposed to help anyone? Is it a palliative? What is this? shocked

Nigerians with stomach infrastructure sha... una too like bribe! Yes, this is nothing but a cheap bribe that the government will still use to count scores and divert billions! Shame!

Some of you will just open that stinking gutter mouth and yeye dirty hand to type non sense without knowing anything or reading the topic of discussion. Hatred kill you there.... You might as well die in your fury...


Now let me take you thru school of topic on this :

A loan is paid directly to the school on behalf of the student(s) that applied and if the loan for the school fees is successful, after applying, you will be giving N20K stipends to maintain yourself and sustain small hunger every month.

Loan is the school fees paid directly to the school , that needs to be pay back 2 years after nysc with a 10% and N20K is the monthly allowance that comes as a gift for upkeep from the part of government that doesn't need to be repaid back...

Now run along and go answer your 🌽 seller mama waiting for you to bring charcoal for her to roast 🌽 for us...

1 Like 1 Share

nnamdi640: 4:14pm On Aug 11, 2024
LadyExcellency:
What is N20,000? If a plate of food costs 1000 for a meal, what will N20,000 cover in Abuja?
Don't mind those hypocrites, let see how long that money will last under this wicked regime. Beside, it is a loan, some of them have this mentality that they won't pay back.
Yeancahmie007(m): 4:15pm On Aug 11, 2024
seunmsg:


The loan is not for them to live like kings. It’s majorly to pay their schools fee and still have a stipend to play around with. The loan should also not be too much so that the burden of repayment won’t be much. The N20k stipend is minus the school fee that is paid to the school directly.

Again, it’s a loan. If you don’t need it, don’t take it.
oga how much is school fees?
NinjaMetahuman: 4:16pm On Aug 11, 2024
RealityKings:
Fun Fact... Things 20,000 can buy

2 bowls or rice (2600 x2) 5200
1 bowl of beans _________4300
2 bowls of Garri (1500x2) 3000
Palmoil ____1200
5 Eggs ___1000
2 Spaghetti _____2000
Salt 100
Seasonings____400
Milk (no even reason am)
Data subscription ____2000
Airtime 1000

Total is 20,200

All this is excluding Transportation to school

It won't even last you 2 weeks before the 20 finish..
it's a fund. It's not an allowance.
jojothaiv(m): 4:18pm On Aug 11, 2024
Bobloco:
"Stock foodstuffs with ₦‎20,000 Loan"

gringrin grin
The OP and the mod that pushed this topic to FP need to arrested.

Idiotic headline.
seunmsg(m): 4:20pm On Aug 11, 2024
Yeancahmie007:

oga how much is school fees?

Ask the management of your school.

2 Likes

NinjaMetahuman: 4:20pm On Aug 11, 2024
Cheapgadget:
20,000 Nigerian Naira equals - 12.83 United States Dollar
are the students spending the 20k in United state?

1 Like

DeLaRue: 4:21pm On Aug 11, 2024
ALL your school fee - paid by the government.

IN ADDITION, you get N20k per month.

This is one of the best policies of this government.

Mr Tinubu promised this in his election manifesto, and he has delivered it in just one year.

People complain that politicians do not keep their promises. Mr Tinubu has kept his promise here.

He deserves recognition for this.

1 Like

NinjaMetahuman: 4:21pm On Aug 11, 2024
cucumbar:
Agbadorian… make dem go farn make Fulani wey your master Dey kill them abi ? Werey
always an excuse to be lazy and complain.

1 Like

beejay85: 4:22pm On Aug 11, 2024
fpbuba:
Na loan oo. That's not a free Cash, it should have been given to them in bulk instead of 20k each month.
I think The main fees till graduation has been paid to the student's school directly...to avoid them using it to stake 2 odds ...I believe grin
OldGee1960: 4:22pm On Aug 11, 2024
1xPOS:
AlphaNugget can you come to our office in Benin to lay your complain
You are a bloody thief, return his money or you will rot in jail
beejay85: 4:24pm On Aug 11, 2024
NinjaMetahuman:
are the students spending the 20k in United state?
No mind am
lexy2014: 4:29pm On Aug 11, 2024
phantomxx:


😂 😂.... our leaders just keep making silly policies that drive no real growth. 🤦🏾‍♂️

its a deliberate policy, a reflection of tinubus idea of governance where he destroys the system that distributes wealth and centralises everything around him so he can start giving out peanuts.

that is how he "built" Lagos
lexy2014: 4:30pm On Aug 11, 2024
fpbuba:
Na loan oo. That's not a free Cash, it should have been given to them in bulk instead of 20k each month.

if you understand tinubu and his idea of governance, you will know why it is 20k he is sharing
Ahigbo1: 4:30pm On Aug 11, 2024
Make school fees affordable to the benefit of both parents and students, not giving loans embarassed
PDPdestroyer(m): 4:32pm On Aug 11, 2024
Igbobidients won’t like this
1xPOS: 4:32pm On Aug 11, 2024
We apologize for the bad experience
Solidex(m): 4:33pm On Aug 11, 2024
A government that thrives on propaganda.
Ayed44: 4:33pm On Aug 11, 2024
,

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