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Nairaland Forum / Nairaland / General / Politics / Lockdown: Envisaged Stimulus From Fgn To The Masses. (723 Views)
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Lockdown: Envisaged Stimulus From Fgn To The Masses. by Ritchiee: 6:42pm On Mar 30, 2020 |
We have seen governments' stimulus efforts of different countries to lessen the effect of the corona virus crisis on their citizens and economies. Examples are : USA.....$2.2 Trillion Russia....$4 billion India........$22.5 billion Italy.........$28 billion France.....$49 billion Germany...$610 billion along with $172 billion in increased spending. Etc. China (Hong Kong) Hong Kong announced a significant fiscal stimulus package as part of its 2020-2021 budget on February 26, 2020.44 Among other things, it includes: A $1200 cash subsidy to all adult permanent residents Paying one month's rent for people living in public housing Cutting payroll, income, property, and business taxes Low-interest, government-guaranteed loans for businesses Extra month's worth of payments to people collecting old-age or disability benefits. It is been touted that 40 million Nigerians have BVN verified bank accounts. It will cost the FG only one trillion naira to pay ₦25000 into each account so Nigerians can buy food for themselves and their families during the #CoronaVirus lockdown. If Nigeria can budget ₦150 billion for a National Assembly of less than 500 legislators, then why can’t we spend one trillion naira paying each of the 40 million Nigerian BVN linked accounts ₦25000 to cushion the effects of #COVID19? The recipients of the 250 thousand naira,most if not all,will be able to help people around them,we pray so. We should not only share money during elections.This is the time for the govt to write its name in gold. 1 Like |
Re: Lockdown: Envisaged Stimulus From Fgn To The Masses. by Eriggs: 6:43pm On Mar 30, 2020 |
Na so |
Re: Lockdown: Envisaged Stimulus From Fgn To The Masses. by Nobody: 7:57pm On Mar 30, 2020 |
40 million people X =N=2,500 = N100billion. N2,500 per BVN.. 3 Likes 2 Shares |
Re: Lockdown: Envisaged Stimulus From Fgn To The Masses. by DTutu1: 9:00pm On Mar 30, 2020 |
[quote author=Ritchiee post=87931720]We have seen governments' stimulus efforts of different countries to lessen the effect of the corona virus crisis on their citizens and economies. Examples are : USA.....$2.2 Trillion Russia....$4 billion India........$22.5 billion Italy.........$28 billion France.....$49 billion Germany...$610 billion along with $172 billion in increased spending. Etc. China (Hong Kong) Hong Kong announced a significant fiscal stimulus package as part of its 2020-2021 budget on February 26, 2020.44 Among other things, it includes: A $1200 cash subsidy to all adult permanent residents Paying one month's rent for people living in public housing Cutting payroll, income, property, and business taxes Low-interest, government-guaranteed loans for businesses Extra month's worth of payments to people collecting old-age or disability benefits. It is been touted that 40 million Nigerians have BVN verified bank accounts. It will cost the FG only ₦100 billion to pay ₦250k into each account so Nigerians can buy food for themselves and their families during the #CoronaVirus lockdown. If Nigeria can budget ₦150 billion for a National Assembly of less than 500 legislators, then why can’t we spend ₦100 billion paying each of the 40 million Nigerian BVN linked accounts ₦250k to cushion the effects of #COVID19? The recipients of the 250 thousand naira,most if not all,will be able to help people around them,we pray so. We should not only share money during elections.This is the time for the govt to write its name in gold.[Thiscalculation is wrong] 1 Like |
Re: Lockdown: Envisaged Stimulus From Fgn To The Masses. by helinues: 9:01pm On Mar 30, 2020 |
Freebies,we like am so tey... |
Re: Lockdown: Envisaged Stimulus From Fgn To The Masses. by Mysticwebb: 9:34pm On Mar 30, 2020 |
250k X 40m = 10trilllion. So 100billion will not run the show. |
Re: Lockdown: Envisaged Stimulus From Fgn To The Masses. by johnmartus(m): 9:42pm On Mar 30, 2020 |
When you see arts student you will know. Calculation is their major problem in this life. Imagine a big company employ this op as an accountant. |
Re: Lockdown: Envisaged Stimulus From Fgn To The Masses. by helinues: 9:45pm On Mar 30, 2020 |
johnmartus: Na copy copy message.. I have been receiving such on WhatsApp and shaking my head about their gullibility. Before you share something, go through it. Chei 2 Likes 1 Share |
Re: Lockdown: Envisaged Stimulus From Fgn To The Masses. by Sankensidi: 4:43am On Mar 31, 2020 |
[s] johnmartus:[/s] |
Re: Lockdown: Envisaged Stimulus From Fgn To The Masses. by Ritchiee: 10:36am On Mar 31, 2020 |
Ritchiee: Lagos is partially writing its name in gold by offering palliatives even to the aged.FGN should not sit on the fence. |
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