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What Can 8000 Naira Do For A Nigerian Family In A Month? - Politics - Nairaland

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What Can 8000 Naira Do For A Nigerian Family In A Month? by Penguin2: 10:00pm On Jul 13, 2023
It has been widely reported that in the letter sent to the National Assembly seeking approval for 500billion palliative intervention fund, Tinubu told the lawmakers that his government intends to pay 8000 naira to 12million indigent Nigerian families for 6 months.

Supporters of the president are already defending the proposed policy but how reasonable is it?

I can only liken this current proposal to the infamous Tradermoni which some of us called out then for being a stupid and unreasonable misadventure but we were labeled haters. But till today, nobody can point to any individual that succeeded with Tradermoni.

Now, fast forward to 2023, and we seem to be about to travel same route and as usual, we are going to call it out for what it is - a stupid, senseless and unreasonable policy that would not make any positive impact on the beneficiaries; not in the short term nor in the long run.

Let’s take it into a more practical perspective so we will have a better understanding of what we are talking about.

What are the prices of basic commodities in the market today?

A bag of rice is about 40,000 naira. Half of it is about 18,000 naira.

A painter of beans is 3000 naira.

A painter of garri is 1200 Naira.

A bottle of red oil is above 1000 Naira.

A bottle of vegetable oil is about 1200 naira.

A bag of sachet water is 200 naira.

Transport to and from work and market is now almost unaffordable.


Ask yourself, of these basics, how many can 8000 Naira afford for an average Nigerian family in a month? Let’s use an average of 4 children with their parents, that’s 6 people. How many painter of garri do you think they consume in a month? How many bags of sachet water do you think they drink a month?

I know the supporters of government will say that addition is not subtraction and that Nigerians should be grateful they are even getting anything at all, but if you what we are to get will not be of any significant help to us, the government might as well not bother.

In the alternative, a multiplication of 8000 into 6, will give us 48,000. Is it not better for the government to just give the beneficiaries 48,000 naira at once and let them decide what to do with it than dividing the sum into minute insignificant and infinitesimal and useless pieces?

Is this not another useless venture like Tradermoni?

Or what can 8000 do for your family in a month in the current Nigerian economy?

1 Like

Re: What Can 8000 Naira Do For A Nigerian Family In A Month? by Wainey: 10:05pm On Jul 13, 2023
Nigerians.
Re: What Can 8000 Naira Do For A Nigerian Family In A Month? by MissLeslie(m): 10:06pm On Jul 13, 2023
They called it palliative, those people have been surviving without the said 8000 before. Just to support them.

2 Likes

Re: What Can 8000 Naira Do For A Nigerian Family In A Month? by Penguin2: 10:15pm On Jul 13, 2023
MissLeslie:
They called it palliative, those people have been surviving without the said 8000 before. Just to support them.
That’s why I’m asking what significance it would have on such family.

2 Likes 1 Share

Re: What Can 8000 Naira Do For A Nigerian Family In A Month? by garriAndsugar: 11:22pm On Jul 13, 2023
They will use it to buy 1 basin of Garri and sugar to drink for the month.

Another clueless President that after doing signing competition is now confused

1 Like

Re: What Can 8000 Naira Do For A Nigerian Family In A Month? by Bobloco: 11:29pm On Jul 13, 2023
Penguin2:
It has been widely reported that in the letter sent to the National Assembly seeking approval for 500billion palliative intervention fund, Tinubu told the lawmakers that his government intends to pay 8000 naira to 12million indigent Nigerian families for 6 months.

Supporters of the president are already defending the proposed policy but how reasonable is it?

I can only liken this current proposal to the infamous Tradermoni which some of us called out then for being a stupid and unreasonable misadventure but we were labeled haters. But till today, nobody can point to any individual that succeeded with Tradermoni.

Now, fast forward to 2023, and we seem to be about to travel same route and as usual, we are going to call it out for what it is - a stupid, senseless and unreasonable policy that would not make any positive impact on the beneficiaries; not in the short term nor in the long run.

Let’s take it into a more practical perspective so we will have a better understanding of what we are talking about.

What are the prices of basic commodities in the market today?

A bag of rice is about 40,000 naira. Half of it is about 18,000 naira.

A painter of beans is 3000 naira.

A painter of garri is 1200 Naira.

A bottle of red oil is above 1000 Naira.

A bottle of vegetable oil is about 1200 naira.

A bag of sachet water is 200 naira.

Transport to and from work and market is now almost unaffordable.

Ask yourself, of these basics, how many can 8000 Naira afford for an average Nigerian family in a month? Let’s use an average of 4 children with their parents, that’s 6 people. How many painter of garri do you think they consume in a month? How many bags of sachet water do you think they drink a month?

I know the supporters of government will say that addition is not subtraction and that Nigerians should be grateful they are even getting anything at all, but if you what we are to get will not be of any significant help to us, the government might as well not bother.

In the alternative, a multiplication of 8000 into 6, will give us 48,000. Is it not better for the government to just give the beneficiaries 48,000 naira at once and let them decide what to do with it than dividing the sum into minute insignificant and infinitesimal and useless pieces?

Is this not another useless venture like Tradermoni?

Or what can 8000 do for your family in a month in the current Nigerian economy?

I have suggested that Tinubu should use the 500 billion naira palliative money to subsidize fuel which will lead to a reduced pump price of petrol. That is the only way the money will benefits everyone

3 Likes

Re: What Can 8000 Naira Do For A Nigerian Family In A Month? by obonujoker(m): 11:41pm On Jul 13, 2023
Give tithe 800.

But land 5200 Naira at Lekki phase 1.

Use the remaining 2k buy agbado

4 Likes 1 Share

Re: What Can 8000 Naira Do For A Nigerian Family In A Month? by helinues: 11:41pm On Jul 13, 2023
Dashed garri is better than promised Rice and chicken
Re: What Can 8000 Naira Do For A Nigerian Family In A Month? by TearsOfHelinues: 11:43pm On Jul 13, 2023
helinues:
Dashed garri is better than promised Rice and chicken

Jobless till now helinues?

1 Like

Re: What Can 8000 Naira Do For A Nigerian Family In A Month? by SpecialAdviser(m): 11:45pm On Jul 13, 2023
Who told you they are giving any family an 8000? Dey play.

Party that failed to give you COVID 19 palliative but hoarded wants to give you 8k. Nonesense

3 Likes 1 Share

Re: What Can 8000 Naira Do For A Nigerian Family In A Month? by SpecialAdviser(m): 11:47pm On Jul 13, 2023
obonujoker:
Give tithe 800.

Buy land 5200 Naira at Lekki phase 1.

Use the remaining 2k buy agbado
grin grin grin

2 Likes

Re: What Can 8000 Naira Do For A Nigerian Family In A Month? by IduNaOba: 11:57pm On Jul 13, 2023
obonujoker:
Give tithe 800.

But land 5200 Naira at Lekki phase 1.

Use the remaining 2k buy agbado

1 crate of Heineken for you.

3 Likes

Re: What Can 8000 Naira Do For A Nigerian Family In A Month? by Kukutenla: 11:58pm On Jul 13, 2023
32 ears of corn 🌽

1 Like

Re: What Can 8000 Naira Do For A Nigerian Family In A Month? by Penguin2: 2:19pm On Jul 14, 2023
Bobloco:


I have suggested that Tinubu should use the 500 billion naira palliative money to subsidize fuel which will lead to a reduced pump price of petrol. That is the only way the money will benefits everyone
How can you be suggesting going back to fuel subsidy?

So what happens when the 500billion is exhausted?

We go back to the suffering afresh?

Come on…

2 Likes

Re: What Can 8000 Naira Do For A Nigerian Family In A Month? by Penguin2: 2:22pm On Jul 14, 2023
helinues:
Dashed garri is better than promised Rice and chicken
It’s obvious you have accepted that the policy is meaningless and not any less than what Buhari would do which puts a huge question mark on the intellectual abilities of the so talents that Tinubu was going to bring into governance.

3 Likes

Re: What Can 8000 Naira Do For A Nigerian Family In A Month? by helinues: 2:34pm On Jul 14, 2023
Penguin2:

It’s obvious you have accepted that the policy is meaningless and not any less than what Buhari would do which puts a huge question mark on the intellectual abilities of the so talents that Tinubu was going to bring into governance.

Obi will review the policy and increase the money to N20,000 after retrieving his stolen mandate

1 Like

Re: What Can 8000 Naira Do For A Nigerian Family In A Month? by mrvitalis(m): 2:36pm On Jul 14, 2023
MissLeslie:
They called it palliative, those people have been surviving without the said 8000 before. Just to support them.
Why not use the 500 billion to create local factories that can employ them in their villages and pull them out of poverty once and for all

Face the root cause not symptoms

Like u said they have been surviving

This is why I support Peter obi

1 Like

Re: What Can 8000 Naira Do For A Nigerian Family In A Month? by Bobloco: 2:54pm On Jul 14, 2023
Penguin2:

How can you be suggesting going back to fuel subsidy?

So what happens when the 500billion is exhausted?

We go back to the suffering afresh?

Come on…

So the eight thousand naira to 12 million household for six months is better..
It's that what you are suggesting
Re: What Can 8000 Naira Do For A Nigerian Family In A Month? by Penguin2: 4:56pm On Jul 14, 2023
helinues:


Obi will review the policy and increase the money to N20,000 after retrieving his stolen mandate
Amen!

From your mouth to God’s ears.

Thank you for prophesying into the future.

However, Obi doesn’t believe in sharing. There are better and more intelligent ways of bringing palliatives to the people.

Just wait until your prophesy comes to pass.

2 Likes

Re: What Can 8000 Naira Do For A Nigerian Family In A Month? by Penguin2: 4:59pm On Jul 14, 2023
Bobloco:


So the eight thousand naira to 12 million household for six months is better..
It's that what you are suggesting
If I supported it why would I be here making this post?

But going back to subsidy is not an option either.

What we are saying is that the palliative should be something substantial and not this proposed insult.
Re: What Can 8000 Naira Do For A Nigerian Family In A Month? by Bobloco: 5:52pm On Jul 14, 2023
Penguin2:

If I supported it why would I be here making this post?

But going back to subsidy is not an option either.

What we are saying is that the palliative should be something substantial and not this proposed insult.

Okay
Re: What Can 8000 Naira Do For A Nigerian Family In A Month? by DevilsEqual(m): 5:57pm On Jul 14, 2023
Went through all the comments and na dumb trolls dey here

What would a govt with heavy debt and a destabilized economy would have done differently just within 90days at the end of helm of affairs

My IQ point is higher than those of these igbos
Re: What Can 8000 Naira Do For A Nigerian Family In A Month? by obonujoker(m): 5:59pm On Jul 14, 2023
DevilsEqual:
Went through all the comments and na dumb trolls dey here

What would a govt with heavy debt and a destabilized economy would have done differently just within 90days at the end of helm of affairs

My IQ point is higher than those of these igbos


Gbogbo eyan ni omo ibo
Re: What Can 8000 Naira Do For A Nigerian Family In A Month? by marlow1962(m): 6:01pm On Jul 14, 2023
This is the season of corn. So enough corn for breakfast, lunch and dinner.

1 Like

Re: What Can 8000 Naira Do For A Nigerian Family In A Month? by floret23(f): 6:21pm On Jul 14, 2023
helinues:
Dashed garri is better than promised Rice and chicken
Imagine wasting $800m to dash garri. That money if properly utilized can create hundreds of sustainable factories and thousands of jobs across the country. The problem of APC is lack of sane and sound minds.

1 Like

Re: What Can 8000 Naira Do For A Nigerian Family In A Month? by DevilsEqual(m): 6:45pm On Jul 14, 2023
obonujoker:


Gbogbo eyan ni omo ibo


I dont understand what u typed up there
If u cant type in pidgin, at least, Get the fuvk away
Re: What Can 8000 Naira Do For A Nigerian Family In A Month? by ODUBEZE: 7:06pm On Jul 14, 2023
MissLeslie:
They called it palliative, those people have been surviving without the said 8000 before. Just to support them.
Was there salary increase

They have been surviving, does that now mean that you should increase their burden and pay them stipend

Do you know the prices of food stuff now

Have you seen what develop countries that you normally compare Nigeria with call palliative 😏😏😏 It is only God that will judge you guys

1 Like

Re: What Can 8000 Naira Do For A Nigerian Family In A Month? by optionalY09: 7:07pm On Jul 14, 2023
Take 8000 first at least you can boy some good stuff
Re: What Can 8000 Naira Do For A Nigerian Family In A Month? by Winneepye: 8:28pm On Jul 14, 2023
it can start fruit business, cray fish business, vegetable business. The scale can be increased gradually since the money is for 6months.
Re: What Can 8000 Naira Do For A Nigerian Family In A Month? by BeLookingIDIOT(m): 8:30pm On Jul 14, 2023
You have no idea
Re: What Can 8000 Naira Do For A Nigerian Family In A Month? by obonujoker(m): 8:34pm On Jul 14, 2023
DevilsEqual:



I dont understand what u typed up there
If u cant type in pidgin, at least, Get the fuvk away

Demdem... O ti paada de grin
Re: What Can 8000 Naira Do For A Nigerian Family In A Month? by VinnyBaba: 8:57pm On Jul 14, 2023
OP,

It can Stock ur kitchen with @least 400 cobs of Agbado. 🤨😕

(1) (Reply)

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