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Subsidy Alternative: FG Should Do Unconditional Cash Transfer To All Nigerians! - Politics (3) - Nairaland

Nairaland Forum › Nairaland General › Politics › Subsidy Alternative: FG Should Do Unconditional Cash Transfer To All Nigerians! (5457 Views)

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Re: Subsidy Alternative: FG Should Do Unconditional Cash Transfer To All Nigerians! by leisuretym: 8:34pm On Oct 08
Dotherightthing:
With BVN, it can be well done.
Bad idea, they will claim its only for the poor and send it to wives of party members in advance as payment for vote inducement, nah their way
Re: Subsidy Alternative: FG Should Do Unconditional Cash Transfer To All Nigerians! by Legitbeauru: 8:55pm On Oct 08
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
Dangote is a company. He’s talking about private individuals citizens
Re: Subsidy Alternative: FG Should Do Unconditional Cash Transfer To All Nigerians! by Legitbeauru: 9:00pm On Oct 08
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.
He’s the one that raised the issue of fraud. You should have asked him to argue his claim. Not your duty to do that for him.
Re: Subsidy Alternative: FG Should Do Unconditional Cash Transfer To All Nigerians! by divine010: 9:09pm On Oct 08
Dotherightthing:
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.
why do you people like living the road, and shook head to bush enroute nowhere

We should do conditional transfer to how many Nigerians, All 250m is to what impact, how much wan make difference

it irritating how supposed elite reasoning like this, when you give us 20k or 30k cash transfer how does that reduce cost of living or

So far in the last 3years, what is the success rate of the conditional cash transfer, so for how long will Govt cash transfer
is the " corruption" tendencies not rven discouraging enough .. on the last report beneficiary of conditional cash transfer don't have phones ...is that not laughable

So instead of subsidy that can bring down cost & standard of living that will trickle down to All, both consumer & producers will be boosted

You are proposing " conditional cash transfer," that clearly has no impact, minimum wage is 70k you cant give people conditional cash even up to 70k .. . so how exactly have to solved the inflation crisis

even if you give each home 100k it can never brings the sporadic relief subsidy on crude will ever bring.

i listen to Taiwo oyedele he was citing Zambia as one reason of not starting whats substainable ...for heaven sake this guy intentional left Russia, saudi, Germany nd better nation go use Zambia to drive is draconian economic ideology

what i see about Taiwo is an intellect guy positioned to work anti clockwise so he hides behnd his credential nd foo nigerians

it is macroeconomics that makes up micro .. is that standard economics or scientific? phd my foot
Re: Subsidy Alternative: FG Should Do Unconditional Cash Transfer To All Nigerians! by malcom1X: 9:10pm On Oct 08
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...
I know of two men. Where I used to go repair cars One was a panel beater, the other was a vulcanizer.

They don't have bank account.

You must pay them in cash.
Nothing like transfer.
Re: Subsidy Alternative: FG Should Do Unconditional Cash Transfer To All Nigerians! by divine010: 9:22pm On Oct 08
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...
there is nobody that does not need monry buh getting money that has value. or carry purchasing power is also sancrosanct

As a educate & exposed Nigerian, condirional cash transfer is not dividend of democracy man
Dividend of Democracy

1. Good health centre
2. stable power supply
3. Enabling environment & support policies 4. 4. 4.Tax holiday
5. Infrastructures that foster ease movement & comfort e.t.c

please with youMentality you are not fit to be proffering solutions, honestly go to proper school

can you imagine ...cash transfer dividend of democracy. there is a reason eligibles for condition cash transfer are the poorest of society
Re: Subsidy Alternative: FG Should Do Unconditional Cash Transfer To All Nigerians! by ghettochild(m): 9:23pm On Oct 08
What will that solve??
Won't the money finishhuh?
Re: Subsidy Alternative: FG Should Do Unconditional Cash Transfer To All Nigerians! by 3kay945(m): 10:00pm On Oct 08
Nigeria politicians too wicked pass this wishful thinking you dey ask for. cool
Re: Subsidy Alternative: FG Should Do Unconditional Cash Transfer To All Nigerians! by Reverseng: 10:13pm On Oct 08
It won't work successfully. It's short-sighted.
Want what money can buy, not necessary the money itself
https://www.nairaland.com/8626659/want-things-money-buy-not
Re: Subsidy Alternative: FG Should Do Unconditional Cash Transfer To All Nigerians! by tnerro1(m): 10:53pm On Oct 08
The APC chairman said 65 million people that collected cash transfers don’t have phones to contact them and you want to do another one again?
Re: Subsidy Alternative: FG Should Do Unconditional Cash Transfer To All Nigerians! by sulaak(m): 2:41am On Oct 09
Dotherightthing:
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.


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.
Nigeria is not a major oil-producing country. The country produces barely 1.5 million B/D for 240 million people. Nigeria's problem is not the high cost of oil but Nigeria's low purchasing power. I will bring back some currency controls to ensure that the Naira's value goes up and increase the speed of industrialisation across the country
Re: Subsidy Alternative: FG Should Do Unconditional Cash Transfer To All Nigerians! by elitper: 3:02am On Oct 09
No way! We are transferring poverty and tribulation instead. Una must learn by fire by force.
Re: Subsidy Alternative: FG Should Do Unconditional Cash Transfer To All Nigerians! by kafeii123: 3:51am On Oct 09
Dotherightthing:
With BVN, it can be well done.
There are plenty chadians, malians, beninoise and nigeriens who also have nigeria's nin
Re: Subsidy Alternative: FG Should Do Unconditional Cash Transfer To All Nigerians! by BluntCrazeMan: 3:52am On Oct 09
And how much should they transfer??

₦50,000??
₦75,000.??

For me,, I would suggest the FG transfers minimum of ₦100,000 MONTHLY to all Nigerians..
Or maybe ₦1.5m YEARLY.!! if they choose to make it a yearly transfer
Re: Subsidy Alternative: FG Should Do Unconditional Cash Transfer To All Nigerians! by MichaelSokoto(m): 4:17am On Oct 09
Phoooolish talk!
the demon should return fuel price back to where he met it. angry
Re: Subsidy Alternative: FG Should Do Unconditional Cash Transfer To All Nigerians! by femi4: 5:07am On Oct 09
Dotherightthing:
With BVN, it can be well done.
And villagers without bank account...how will they get theirs
Re: Subsidy Alternative: FG Should Do Unconditional Cash Transfer To All Nigerians! by helinues: 6:44am On Oct 09
Legitbeauru:
Dangote is a company. He’s talking about private individuals citizens
Dangote is a name, it's when you add products they are producing it becomes company

Or Aliko Dangote is no longer a Nigerian?
Re: Subsidy Alternative: FG Should Do Unconditional Cash Transfer To All Nigerians! by Personperson01: 6:58am On Oct 09
Dotherightthing:
With BVN, it can be well done.
Scam or not... 75000 Naira should be enough to open an account with or without phone. Still waiting for my own alert.
Re: Subsidy Alternative: FG Should Do Unconditional Cash Transfer To All Nigerians! by Legitbeauru: 7:44am On Oct 09
helinues:
Dangote is a name, it's when you add products they are producing it becomes company

Or Aliko Dangote is no longer a Nigerian?
Theres no ambiguity in the point made. Flowing from the context of his statements so far, he’s been focusing on the general masses. So, logically, he’s not referring to a company, but private individual person.
Re: Subsidy Alternative: FG Should Do Unconditional Cash Transfer To All Nigerians! by BondRiv: 7:46am On Oct 09
This is not the U.S. Do we have reliable data in Nigeria? Considering the level of corruption in this country, it will just be diverted, looted and wasted.

Re: Subsidy Alternative: FG Should Do Unconditional Cash Transfer To All Nigerians! by Gab1976(m): 8:42am On Oct 09
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...
Say I'm a beneficiary of Government.
Re: Subsidy Alternative: FG Should Do Unconditional Cash Transfer To All Nigerians! by Gab1976(m): 9:03am On Oct 09
Who dey tink only e own nor dey lin, D wey some poeple are talking here na waooooo...
Re: Subsidy Alternative: FG Should Do Unconditional Cash Transfer To All Nigerians! by Dotherightthing(op): 10:18am On Oct 09
Personperson01:
Scam or not... 75000 Naira should be enough to open an account with or without phone. Still waiting for my own alert.
Anyone who does not have a bank account in this day and age is NOT normal.

@bolded It will come. wink
Re: Subsidy Alternative: FG Should Do Unconditional Cash Transfer To All Nigerians! by Dotherightthing(op): 10:20am On Oct 09
femi4:
And villagers without bank account...how will they get theirs
Is there really a village anywhere these dayshuh

Do villagers use phoneshuh

Anybody without bank account in this day and age is NOT normal.
Re: Subsidy Alternative: FG Should Do Unconditional Cash Transfer To All Nigerians! by Dotherightthing(op): 10:21am On Oct 09
kafeii123:
There are plenty chadians, malians, beninoise and nigeriens who also have nigeria's nin
BVN is NOT NIN and they are negligible.
Re: Subsidy Alternative: FG Should Do Unconditional Cash Transfer To All Nigerians! by Dotherightthing(op): 10:24am On Oct 09
sulaak:
Nigeria is not a major oil-producing country. The country produces barely 1.5 million B/D for 240 million people. Nigeria's problem is not the high cost of oil but Nigeria's low purchasing power. I will bring back some currency controls to ensure that the Naira's value goes up and increase the speed of industrialisation across the country
Come on!

Nigeria is a major oil producer and our crude is even profiled - BONNY LIGHT.

We have one of the larger reserves in the world.

The measure is a temporary one while the US-Iran war lasts. After, the war, we normalise everything.
Re: Subsidy Alternative: FG Should Do Unconditional Cash Transfer To All Nigerians! by Dotherightthing(op): 11:10am On Oct 09
divine010theOlodo:
there is nobody that does not need monry buh getting money that has value. or carry purchasing power is also sancrosanct

As a educate & exposed Nigerian, condirional cash transfer is not dividend of democracy man
Dividend of Democracy

1. Good health centre
2. stable power supply
3. Enabling environment & support policies 4. 4. 4.Tax holiday
5. Infrastructures that foster ease movement & comfort e.t.c

please with youMentality you are not fit to be proffering solutions, honestly go to proper school

can you imagine ...cash transfer dividend of democracy. there is a reason eligibles for condition cash transfer are the poorest of society
I said dividend of the HUGE WINDFALL from HIGH CRUDE PRICE in the world market and not dividend of democracy.

Open your eyes.
Re: Subsidy Alternative: FG Should Do Unconditional Cash Transfer To All Nigerians! by Dotherightthing(op): 11:11am On Oct 09
malcom1X:
I know of two men. Where I used to go repair cars One was a panel beater, the other was a vulcanizer.

They don't have bank account.

You must pay them in cash.
Nothing like transfer.
Anybody that does not have a bank account in this time and age is NOT normal.
Re: Subsidy Alternative: FG Should Do Unconditional Cash Transfer To All Nigerians! by Dotherightthing(op): 11:14am On Oct 09
divine010theOlodo:
why do you people like living the road, and shook head to bush enroute nowhere

We should do conditional transfer to how many Nigerians, All 250m is to what impact, how much wan make difference

it irritating how supposed elite reasoning like this, when you give us 20k or 30k cash transfer how does that reduce cost of living or

So far in the last 3years, what is the success rate of the conditional cash transfer, so for how long will Govt cash transfer
is the " corruption" tendencies not rven discouraging enough .. on the last report beneficiary of conditional cash transfer don't have phones ...is that not laughable

So instead of subsidy that can bring down cost & standard of living that will trickle down to All, both consumer & producers will be boosted

You are proposing " conditional cash transfer," that clearly has no impact, minimum wage is 70k you cant give people conditional cash even up to 70k .. . so how exactly have to solved the inflation crisis

even if you give each home 100k it can never brings the sporadic relief subsidy on crude will ever bring.

i listen to Taiwo oyedele he was citing Zambia as one reason of not starting whats substainable ...for heaven sake this guy intentional left Russia, saudi, Germany nd better nation go use Zambia to drive is draconian economic ideology

what i see about Taiwo is an intellect guy positioned to work anti clockwise so he hides behnd his credential nd foo nigerians

it is macroeconomics that makes up micro .. is that standard economics or scientific? phd my foot
250 million Nigerians ke?

They will use BVN. 68,6 million Nigerians have BVN.

The unconditional cash transfer will bring INSTANT relief.
Re: Subsidy Alternative: FG Should Do Unconditional Cash Transfer To All Nigerians! by Dotherightthing(op): 11:15am On Oct 09
leisuretym:
Bad idea, they will claim its only for the poor and send it to wives of party members in advance as payment for vote inducement, nah their way
With the BVN, it will be difficult to do that.
Re: Subsidy Alternative: FG Should Do Unconditional Cash Transfer To All Nigerians! by Dotherightthing(op): 11:16am On Oct 09
Codes151:
This goes to show that a lot of you know nothing.

Cash transfer how? From where to where.
Cash transfer from the HUGE PROCEEDS from the HIGH PRICE of CRUDE in the World Market to all Nigerians using BVN.
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