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Social media challenges president’s claim of 600 Nigerians receiving N104 billion loan
DDM News

Following President Bola Ahmed Tinubu’s announcement that 600 Nigerians have received a total of N104 billion under an ongoing loan scheme, several social media users have expressed skepticism about the claim.
While the President’s announcement was made public by Hajiya Rakiya Gambo, a director at the Federal Ministry of Education, who disclosed the details on his behalf at an official event, the reaction online has been mixed, with many questioning the transparency and legitimacy of the figures.
As reported by Diaspora digital media (DDM), Gambo confirmed that the N104 billion has already been disbursed under the loan initiative.
She also assured Nigerians that the Tinubu administration is committed to ensuring that financial difficulties will not be a barrier to accessing quality education.
Gambo emphasized the government’s dedication to resolving challenges within the education sector and maintaining industrial harmony in universities.
During her speech at the event, Gambo encouraged the students, saying, *“We remain resolute in addressing challenges in the education sector, including ensuring industrial harmony in universities.
You have been equipped with knowledge and skills to innovate and contribute to society.
Let integrity, resilience, and purpose guide your endeavours.
Aspire to greatness, avoid vices, and make Nigeria proud.”*
However, after the announcement, a wave of criticism flooded social media platforms.
Critics pointed out that no one seems to know who the 600 recipients are, and they have raised concerns over the legitimacy of the N104 billion figure.
Social media reactions have ranged from demands for transparency to outright accusations of fraud.
Here are 10 of the most vocal critics:
Critic #1:
“600 Nigerians? Really? Who are these 600 people? Can we see some transparency here? If this scheme is real, then show us the data of the beneficiaries, their names, and what amount each one received. Without this, it all seems like a scam.”
Critic #2:
“The government claims 600 students benefited from N104 billion, but no one has seen the list of recipients. How do we know this isn’t just a fraudulent claim? The lack of details is suspicious!”
Critic #3:
“I’ve been asking around but nobody knows any of the 600 students who supposedly received the N104 billion. If this is true, why isn’t there any public record of these individuals?”
Critic #4:
“For a scheme as big as this, transparency is key! Why haven’t we seen any documentation or proof that these students actually received this massive sum? It all feels like another political gimmick.”
Critic #5:
“N104 billion disbursed to 600 people, but no one knows who they are or how much they received? This is textbook fraud! I demand to see proof of these transactions and who is benefiting from this scheme.”
Critic #6:
“The government says they’ve helped 600 Nigerians, but the lack of data raises a lot of red flags. Where are the records? How can we trust this when no one has verified it?”
Critic #7:
“If this loan scheme is legitimate, why haven’t the beneficiaries been made public? 600 students and not a single name or photo? This smells like corruption, and it’s about time they show some proof.”
Critic #8:
“The claim of N104 billion is just too much to believe when there’s zero accountability. Are we seriously supposed to just take the government’s word for it without any evidence or details on who got this money?”
Critic #9:
“The lack of transparency on who received the loans and how much they got is a clear indication that this scheme is a fraud. If this money was truly disbursed, where is the proof? Publish the list!”
Critic #10:
“I find it hard to believe that 600 students got N104 billion with no clear explanation. This kind of claim should come with facts, numbers, and proof, not vague statements. Show us the details or admit it’s just a political stunt.”
The critics are particularly concerned about the lack of public access to the list of recipients and the absence of clear, verifiable information regarding how the loan scheme was executed.
With no names, amounts, or any concrete details provided, many are starting to question whether the scheme was properly implemented or if it’s simply a political narrative designed to gain support.
The announcement, while hopeful in its intention to aid students in need, has been met with significant doubts, and many are now demanding answers from the government.
Until the administration provides verifiable proof, the legitimacy of the scheme remains in question for a significant portion of the public.
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