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Nairaland Forum / Nairaland / General / Politics / Subsidy: Nigerians Reject President Tinubu’s N8,000 Per Month Palliative (605 Views)
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Subsidy: Nigerians Reject President Tinubu’s N8,000 Per Month Palliative by nairavsdollars(f): 10:49am On Jul 14, 2023 |
Many Nigerians have spoken out against the conditional transfer of N8,000 per month to 12 million poor and vulnerable families by President Bola Tinubu as a palliative for the removal of fuel subsidy. They said the president is toeing the same path of his predecessor, Muhammadu Buhari who plunged more Nigerians into poverty rather than lifting them as promised. While some Nigerians wondered why only 12 million families will get the palliative out of over 200m Nigerians, others argued that the money is a pittance and insignificant given the high cost of living occasioned by the removal of fuel subsidy. To others, the money will not get to the poor but will be mismanaged by corrupt government officials as it was done under Sadiya Umar Farouq, the Minister of Humanitarian Affairs, Disaster Management and Social Development under the immediate past administration. In February 2023, Sadiya had informed Nigerians that her ministry had invested over N1.358 trillion in various programmes under its National Social Investment Programme (NSIP) in six years to cater for poor Nigerians. She however couldn’t provide figures to back her claim. In March 2023, the Sadiya also claimed that 1,940,004 vulnerable Nigerians are currently receiving N5,000 cash gift each every month. However, many Nigerians who spoke said they didn’t receive any alert. President Tinubu, in a letter of request to the National Assembly had said: “Please note that the Federal Executive Council led by President Muhammadu Buhari, GCFR, approved an additional loan facility to the tune of $800,000,000 to be secured from the World Bank for the National Social Safety Net Programme (the “Programme”) (Copy of FEC Extract attached). “You may also wish to note that the purpose of the facility is to expand coverage of shock-responsive safety net support for poor and vulnerable Nigerians and to help them cope with the cost of meeting basic needs. “You may further wish to note that under the conditional cash transfer window of the programme, the Federal Government of Nigeria will transfer the sum of N8,000 per month to 12 million poor and low-income households for six months with a multiplier effect on about 60 million individuals. “In order to guarantee the credibility of the process, digital transfers will be made directly to beneficiaries’ accounts and mobile wallets. “It is expected that the programme will stimulate economic activity in the informal sector and improve nutrition, health and education outcomes for beneficiary households. “Given the above, I wish to invite the House of Representatives to kindly grant approval for the additional loan facility of $800,000,000.00 to be secured from the World Bank for the National Social Safety Net Programme.” https://worldviewafrica.com/nigerians-reject-tinubus-n8000-per-month-palliative/
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Re: Subsidy: Nigerians Reject President Tinubu’s N8,000 Per Month Palliative by TemplarLandry: 10:50am On Jul 14, 2023 |
Money that'll be cornered by party members in the 36 states. This palliative will be offered as slots among APC members and loyalists. That's the corrupt culture in Nigeria. #Slots. 1 Like |
Re: Subsidy: Nigerians Reject President Tinubu’s N8,000 Per Month Palliative by 001Lagos: 10:51am On Jul 14, 2023 |
A man like Tinubu shouldn't be anywhere close to aso rock He's a monumental disgrace and incompetent. What can 8k do for anyone in this present day Nigeria? 4 Likes |
Re: Subsidy: Nigerians Reject President Tinubu’s N8,000 Per Month Palliative by DynamicWriter(f): 10:51am On Jul 14, 2023 |
Nigeria is gone. Can't believe our government borrows such a huge amount of money for laundering. They are hiding their agenda under the term palliative. Wahala! In case anyone needs a content writer, kindly check my signature for my contact info. 1 Like |
Re: Subsidy: Nigerians Reject President Tinubu’s N8,000 Per Month Palliative by Ihateheadslamer: 10:52am On Jul 14, 2023 |
Never expect anything good from the eyeneck president select 001Lagos: 2 Likes 1 Share |
Re: Subsidy: Nigerians Reject President Tinubu’s N8,000 Per Month Palliative by 001Lagos: 10:53am On Jul 14, 2023 |
Ihateheadslamer:Yeah correct, Tinubu is an illegitimate president . Baba wan use this scam recover part of the money that he spent in the presidential election 1 Like |
Re: Subsidy: Nigerians Reject President Tinubu’s N8,000 Per Month Palliative by Kukutenla: 10:55am On Jul 14, 2023 |
Pictures of those rejecting it or na lie I and my family will use our own to buy 32 ears of corn. With that, we will not experience hunger throughout the month. Jagaban for life |
Re: Subsidy: Nigerians Reject President Tinubu’s N8,000 Per Month Palliative by Racoon(m): 10:57am On Jul 14, 2023 |
How does giving the corruption-ridden palliative peanuts translate to cushioning the economic effect of a policy of subsidy removal. Same subsidy they have accumulated huge debts burden to sustain despite the APC calling it a fraud? A so called first class economics graduate who is an economic illiterate. 1 Like |
Re: Subsidy: Nigerians Reject President Tinubu’s N8,000 Per Month Palliative by Slynation(m): 11:01am On Jul 14, 2023 |
For a president to suggest this means he lack ideas to move to country forward, what will 8K do for anybody, this man probably thinks all Nigerians are those corporate beggers waiting for omida at his residential building in Lagos... 1 Like |
Re: Subsidy: Nigerians Reject President Tinubu’s N8,000 Per Month Palliative by helinues: 11:06am On Jul 14, 2023 |
Those who are salivating about the N8000 palliative fund would be shocked. Hahaha, able young body dey wait for government funds when the oldies that need it most are there |
Re: Subsidy: Nigerians Reject President Tinubu’s N8,000 Per Month Palliative by helinues: 11:07am On Jul 14, 2023 |
Racoon: What's the business of the Bullionaires with N8000 palliative fund? |
Re: Subsidy: Nigerians Reject President Tinubu’s N8,000 Per Month Palliative by 001Lagos: 11:08am On Jul 14, 2023 |
helinues:so is this the Nigeria that Tinubu promised Nigerians ? Don't you think it's too early for Tinubu to fail in his campaign promises 1 Like |
Re: Subsidy: Nigerians Reject President Tinubu’s N8,000 Per Month Palliative by Aboks(m): 11:10am On Jul 14, 2023 |
the 8k is for agbado and ewa for a whole month |
Re: Subsidy: Nigerians Reject President Tinubu’s N8,000 Per Month Palliative by helinues: 11:11am On Jul 14, 2023 |
001Lagos: Have you lost faith in Obi retrieving his stolen mandate? He would reverse this policy and make it ,N20,000 |
Re: Subsidy: Nigerians Reject President Tinubu’s N8,000 Per Month Palliative by 001Lagos: 11:14am On Jul 14, 2023 |
helinues:The same palliative that Tinubu condemned Buhari for is the same shit that Tinubu re-introduced in his illegitimate government Every policy that Tinubu has condemned the past governments for is what he's doing in his government .. Tinubu is unarguably a very clueless person. 1 Like |
Re: Subsidy: Nigerians Reject President Tinubu’s N8,000 Per Month Palliative by helinues: 11:18am On Jul 14, 2023 |
001Lagos: You know , Peter Obi would make president Tinubu to account for the palliative fund spent after retrieving his stolen mandate. So keep calm |
Re: Subsidy: Nigerians Reject President Tinubu’s N8,000 Per Month Palliative by fuckingAyaya(m): 11:26am On Jul 14, 2023 |
From consumption to consumption, 🤡🤡 well the #8000 stipend will Favour me and my family 🤡🤡🤡 |
Re: Subsidy: Nigerians Reject President Tinubu’s N8,000 Per Month Palliative by Xscape1993(m): 11:27am On Jul 14, 2023 |
Evil party and evil government..... |
Re: Subsidy: Nigerians Reject President Tinubu’s N8,000 Per Month Palliative by CodeTemplar: 11:37am On Jul 14, 2023 |
helinues:by able young body you mean those agbero that riged APC in right? |
Re: Subsidy: Nigerians Reject President Tinubu’s N8,000 Per Month Palliative by TearsOfHelinues: 11:40am On Jul 14, 2023 |
helinues: Bola Ahmed Tinubu is nothing but a cocaine sniffing vagabond |
Re: Subsidy: Nigerians Reject President Tinubu’s N8,000 Per Month Palliative by marlow1962(m): 11:44am On Jul 14, 2023 |
You mean agbadorianzzz reject 8k given to them by their lord and personal savior? Ahh this is interesting |
Re: Subsidy: Nigerians Reject President Tinubu’s N8,000 Per Month Palliative by paramakina202: 11:45am On Jul 14, 2023 |
helinues: This is Almajirism! Tell your master to increase minimum wage by 200% or use the 500bn earmarked for that purpose and build factories in each of six geopoliticals zones. |
Re: Subsidy: Nigerians Reject President Tinubu’s N8,000 Per Month Palliative by Racoon(m): 11:50am On Jul 14, 2023 |
helinues:And did I told you I depends on such peanuts just like the owomida miscreants on Lagos roads being fed by their druglord godfather? Meanwhile, have the unjustly skewed regions that got the crooked Hajia Sadiya Sadiq COVID-19 scamdemic peanuts reduced the poverty burden of Nigeria. Yet this is what your overhyped 1st class economics drug baron president can come up with? Shame on all of una. |
Re: Subsidy: Nigerians Reject President Tinubu’s N8,000 Per Month Palliative by helinues: 11:52am On Jul 14, 2023 |
Racoon: Peter Obi would reverse the policy after reclaiming his mandate and increase the amount to N20,000 |
Re: Subsidy: Nigerians Reject President Tinubu’s N8,000 Per Month Palliative by TearsOfHelinues: 12:52pm On Jul 14, 2023 |
helinues: Get a job and be better than Bola Ahmed Tinubu or your father |
Re: Subsidy: Nigerians Reject President Tinubu’s N8,000 Per Month Palliative by Nobody: 1:29pm On Jul 14, 2023 |
TemplarLandry: Oh, so you know? Weren't you the same person hailing the initiative on the first thread that disclosed this news? |
Re: Subsidy: Nigerians Reject President Tinubu’s N8,000 Per Month Palliative by Mindlog: 1:37pm On Jul 14, 2023 |
Buddha3: This is one of his rare moments of clarity, he would soon snap back to his default setting! 1 Like |
Re: Subsidy: Nigerians Reject President Tinubu’s N8,000 Per Month Palliative by Nobody: 1:41pm On Jul 14, 2023 |
Mindlog: I am shook! |
Re: Subsidy: Nigerians Reject President Tinubu’s N8,000 Per Month Palliative by bennybuhari: 5:31am On Jul 19, 2023 |
Glad the man has canceled it. 8k is nonsense |
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