₦airaland Forum

The US-Iran was has caused crude oil price to up thereby leading to increase in the cost of refined products back home. As an oil-producing country we should NOT be exposed to global oil shocks.

Rather than return subsidy, the FG can do an UNCONDITIONAL CASH TRANSFER to all Nigerians based in Nigeria using BVN as a criterion.

Currently, the FG is earning a windfall from the hugh cost of crude oil in the world market.

It is only fair to take a little sum from that windfall and share to all NIGERIANS based in Nigeria who have BVN.

This will augment the energy and transportation costs that have risen astronomically as a result of the rise in crude oil caused by the US-Iran war.

It will also automatically lead to a reduction in the price of good and services and reduce the temperature of the economy.

Subsidy CANNOT work in Nigeria.

The day fuel becomes so cheap in Nigeria compared to neighbouring countries, SMUGGLING will resume on a HUGE SCALE, filling stations will horde the fuel and MASSIVE FUEL queues will return.

UNCONDITIONAL CASH TRANSFER to all Nigerians is the way forward. From Dangote to the poorest Nigerian with a BVN, everybody should get a sum.

ALL Nigerians deserve to get CASH from FG at this time not just APC members of different shade and colours or the 'poorest of the poor'.

As a BONA FIDE Nigerian, I deserve to enjoy the benefit of being a citizen of a major oil producing country without having to be an APC member or poorest of if the poor.

This UNCONDITIONAL CASH TRANSFER should continue until the war is over and crude oil returns to the normal price.

Anything government cash transfer na scam

helinues:
Anything government cash transfer na scam

With BVN, it can be well done.

helinues:
Anything government cash transfer na scam

Exactly 💯.
How would they know those who actually need the money?
Many people are in the villages, they don't have bank accounts nor BVN and they are really poor. Go to some villages,you will see poverty. I have never seen or met anyone who has received cash transfer from the government.

duro4chang:
Exactly 💯.
How would they know those who actually need the money?
Many people are in the villages, they don't have bank accounts nor BVN and they are really poor. Go to some villages,you will see poverty. I have never seen or met anyone who has received cash transfer from the government.

There is NOBODY who does not need money. As a bona fide Nigerian you deserve a dividend from the huge windfall currently realised from the high crude oil price.

If you don't need it, you can give whoever you think needs it around.

Currently, 68.6 million Nigerians have BVN. Everybody should have BVN. Those who cannot have are detached from the economic crisis somewhat.

I know people who get cash transfer...

Dotherightthing:
With BVN, it can be well done.

Even USA failed with COVID disbursement funds

Dotherightthing:
There is NOBODY who does not need money. As a bona fide Nigerian you deserve a dividend from the huge windfall currently realised from the high crude oil price.

If you don't need it, you can give whoever you think needs it around.

Currently, 68.6 million Nigerians have BVN. Everybody should have BVN. Those who cannot have are detached from the economic crisis somewhat.

I know people who get cash transfer...

What would be the criteria for what individual will receive!

helinues:
Even USA failed with COVID disbursement funds

Failed? How? We can learn from their mistakes and do better.

helinues:
What would be the criteria for what individual will receive!

Ori o jori

Everybody gets an equal amount.

Whoever doesn't need his can dash the next available needy person.

Dotherightthing:
Failed? How? We can learn from their mistakes and do better.

If those who we are copying from couldn't succeed in something, and we don't have our own creative method, better not to venture into it

Dotherightthing:
Ori o jori

Everybody gets an equal amount.

Whoever doesn't need his can dash the next available needy person.

So those who are paying tax will receive same amount as those who are not paying?

helinues:
If those who we are copying from couldn't succeed in something, and we don't have our own creative method, better not to venture into it

Many countries in the world are still doing cash transfer to their citizens till tomorrow

Trump recently promised every US citizen 5k dollars if the Republicans win the midterm elections.

Dotherightthing:
Many countries in the world are still doing cash transfer to their citizens till tomorrow

Trump recently promised every US citizen 5k dollars if the Republicans win the midterm elections.

Those country have a working system.. Ordinary database of Nigerians, the FG don't have it

How many Nigerians even have an id not to talk of bank account?

helinues:
So those who are paying tax will receive same amount as those who are not paying?

This is not about tax. It's about protecting the citizens from the global oil shocks and the resulting hardship.

Dotherightthing:
This is not about tax. It's about protecting the citizens from the global oil shocks and the resulting hardship.

You can't protect the citizens without any privilege to those who have been contributing to the tax

helinues:
Those country have a working system.. Ordinary database of Nigerians, the FG don't have it

How many Nigerians even have an id not to talk of bank account?

Is BVN not a reliable database

68.6 million adult Nigerians is no small figure.

Let's start with that.

helinues:
You can't protect the citizens without any privilege to those who have been contributing to the tax

Not everybody can pay tax.

Even now, some people are exempted from tax.

The government is for ALL

Dotherightthing:
Is BVN not a reliable database

68.6 million adult Nigerians is no small figures.

Let's start with that.

How many registered voters do we have in Nigeria that you will have 68m adult having BVN. That's exaggerated number for stuff like this ( Cash transfer)

Dotherightthing:
Not everybody can pay tax.

Even now, some people are exempted from tax.

The government is for ALL

So if government is giving each citizen N20K Dangote will also receive N20k bah

helinues:
How many registered voters do we have in Nigeria that you will have 68m adult having BVN. That's exaggerated number for stuff like this ( Cash transfer)

Are you faulting the BVN It was taken by the banks o and it is far more credible and powerful than even NIN.

No exaggeration here.

helinues:
So if government is giving each citizen N20K Dangote will also receive N20k bah

Sure. It's his entitlement as a bona fide Nigerian based on Nigeria.

Dotherightthing:
Are you faulting the BVN It was taken by the banks o and it is far more credible and powerful than even NIN.

No exaggeration here.

That's why I am saying the cash transfer will end us been a fraud.

And also the sharing pattern , had we have standard tax system, it would have been better. You will just get tax return based on %

Dotherightthing:
Sure. It's his entitlement as a bona fide Nigerian based on Nigeria.

Such equality is wrong.

helinues:
That's why I am saying the cash transfer will end us been a fraud.

And also the sharing pattern , had we have standard tax system, it would have been better. You will just get tax return based on %

No sir. It can't be a fraud. It will be strictly BVN based. Very easy.

Even now, debtors are being hounded using the BVN.

If you are flagged all your accounts will be frozen.

FG is currently collecting all the loans they gave people during Buhari era. Thanks to BVN.

helinues:
Such equality is wrong.

No it isn't. Doesn't he have 1 vote?

Dotherightthing:
No sir. It can't be a fraud. It will be strictly BVN based. Very easy.

Even now, debtors are being hounded using the BVN.

If you are flagged all your accounts will be frozen.

FG is currently collecting all the loans they gave people during Buhari era. Thanks to BVN.

This your BVN based you are shouting, how would the FG detect accounts who are no longer residing in Nigeria but have BVN?

Dotherightthing:
No it isn't. Doesn't he have 1 vote?

Yes he has only one vote but there are exception for people like him in any country. Dangote's tax package is different from others

helinues:
This your BVN based you are shouting, how would the FG detect accounts who are no longer residing in Nigeria but have BVN?

It's a small challenge. Such accounts are negligible in number anyway.

Dotherightthing:
It's a small challenge. Such accounts are negligible in number anyway.

How will you detect them?

helinues:
Yes he has only one vote but there are exception for people like him in any country. Dangote's tax package is different from others

Again, this is about social welfare not tax.

Dotherightthing:
Again, this is about social welfare not tax.

And where would you generate the funds from if not from tax?