₦airaland Forum

How can the govt want to give the poor and unemployed 5k monthly? why can there sum the money together and build factories, industries that will give thousands job. Why do there want to waste this funds when they know quit well that the people in charge of the distribution will file in relatives and children's name. Na 5k monthly wey graduate go d use travel round naija for interview. we need political scientist to identify Nigerian lack of employment problem and poverty problem, then give us possible solutions.. cause personally I don't think this will solve what niggas are passing through.

if at the end of the day all what pastor osinbanjo said final turn out to b false then evrything about him is questionable and a big dent

gozzlin:
Wetin be 5000? Money wey no even reach to chop food for a day. They should please increase it to 50k per month. Then I'll know they're serious.

seconded jare... U b confam nigga

This is the most brainless, dull and outright ridiculous policy I have ever witness to be undertaken by the Nigerian government!
Coming from a government that claimed the treasury was looted, are they even thinking straight? In this times of low oil prices and less committed buyers to the Nigerian crude, what in God's name are they on about??
This is madness!

In trying to meet up their empty promise of stipens to the majority of Nigerians just to save face, having failed and broken many other promises, the government of the day has cooked up a white elephant project similar to that of amechi's monorail crap! I see this as nothing other than avenues to loot and enslave the Nigerian state further to institutions as the world bank and other business minded co-operations (A secret agreement from west Germany).
Where in God's name would these funds emulate from? How evenly would this funds be distributed in the different regions of the country, with the north having the most poor people?

In a country where every dark skinned person is seen as Nigerian, coupled with the porous borders mostly in the north region, this white elephant project is a joke! Little wonder the babaonechance aka brainless choose to let osibade make a fool of himself announcing this to enlightened minds!
Now I have more reasons to call the dura one "brainless" and his second "mere commissioner".

Oh lord of Mercy and Ronaldo, !!
" Useless as the P in Psycho"!!!
Meen, I amb just short of words to describe you.
But na oyinbo form there word nau.

LaurelP:
They shud quash NYSC and pay the one year allawee money to fresh graduates upfront. Nysc is as useless as d P in psycho.

I pray dis plans are been implemented cos it will surely go a long way in helping d masses

barry40:
It is a good policy but I don't know how feasible it is when the number of unemployed is more than the employed. Some parastatals are owing their staff. Government complains on spending too much on re-recurrent expenditure. I can't actually match these.
Let's assume we have 20 million unemployed. Paying N5,000 to each person translates to N100bn every month and N1.2 trillion per annum.
Statisticians can help me out on the figures and compare it to the National Budget.
Instead, I believe this money can be invested on developmental project.

developmental project like such that makes $20billion to disapear abi ? It u truly understand that there are some set of pple that are actualy suffering, then you will understand this is a welcome development

freshdude99:
folabayo1 or wateva ur monikers are, just shut the fuckup troll

hello slowpoke?

Something that wil never hapen even in d nex 20years as long as dis country is concern, d richest man in dis country wil rather enroll his children in that programm instead[color=#000000][/color] of his house help

dats a gud one

barry40:
It is a good policy but I don't know how feasible it is when the number of unemployed is more than the employed. Some parastatals are owing their staff. Government complains on spending too much on re-recurrent expenditure. I can't actually match these.
Let's assume we have 20 million unemployed. Paying N5,000 to each person translates to N100bn every month and N1.2 trillion per annum.
Statisticians can help me out on the figures and compare it to the National Budget.
Instead, I believe this money can be invested on developmental project.

If our govt can pay trillions as subsidy money to some useless cabal,paying 5k to nigerians is a far better project that can replace d subsidy scam

Nonsense them never pay government staff finish na unemployed......blind man never see finish him wan show another blind man road...make I go shiit abeggi...

wachakuta:
Wind of Change....

And to be sincere dis con3 is DAMN rich.. asin walai Nigeria is very rich, if we can harness our resources and eliminate corruption, I'm sure FG will be able to pay more than 5k monthly sef...

If u ain't happy wiv dis Govt u have my permission to stay sober for d rest of ur miserable life...

U no get sense,shey! Na only food wey arabgarascal give primary school children wey in no fit pay workers now for 7months,let buhari try giving 5000naira to youths for just One year,and see if his government will not criple in the following years.APC and their indomie brain. when other countries are busy strengthening their infrastructures,and in other to jump start the private Sector thus engaging. the youths BaBaonechancce is busy talking about 5000naira for the youths.Babaonechance just correct Power,and remove corruption,they youths will pay you morethan 5000naira as tax from their Small scale Industries.

wachakuta:
The Buhari Administration at the weekend declared that there are ongoing plans to implement one of its striking campaign promises that it will pay N5000 each to the poorest Nigerians across the country.

Vice President Yemi Osinbajo who gave the hint noted that government is “currently evaluating the best ways to collapse existing cash transfer and social welfare schemes to ensure consistency and alignment.

“Once this is completed, we will implement the first phase of this program, using recognized identification platforms and transparent payment solutions”, he added.

Osinbajo who disclosed this at the 10th Year Anniversary Lecture of Crescent University, Abeokuta, Ogun State titled, ‘The Nigerian Economy and the Future’, also said the federal government has identified the weak transmission grid, which prevents the wheeling of more than 5,000MW as a gridlock to be removed.

He assured that the Buhari administration would work with the distribution companies to ensure the necessary investment to get electricity to consumers is in place.

On the pervasive poverty ravaging the country, Osinbajo said the payment of N5000 each to poor Nigerians was necessary because “we cannot talk about the economy of the future without addressing how we move people out of poverty.

“One of the most striking promises we made during the campaign was the payment of Five Thousand Naira to the poorest Nigerians across the country”, he noted, even as he regretted that today, “about 112 million (66% of Nigerians) are deemed extremely poor, measured by World Bank parameter of those living on less than US$1.25 per day.”

The Vice President observed that the level of poverty explains much of the Nigerian situation because it affects all aspects of life,including why over a million Nigerians die yearly of preventable diseases.

“It reflects in our alarming rates of infant mortality and maternal deaths at childbirth. It also tells why so many children of school age are out of school and why so many adults lack access to healthcare and proper vocational training; why, in effect, they are less efficient and less productive at work”, Osinbajo noted.

Giving a succinct analysis of the nation’s economy, the VP said, “The vexed questions of the day pertain mainly to the economy. What is the real state of affairs? With so much reliance on a single commodity, how do we survive in an era of oil glut and falling commodity prices?

“With so many indications of waste, corruption and impunity, how do we set our economy on the right path? With so many unemployed, how do we offer hope and sustain the enthusiasm of our children still in school? And with so many of our consumer goods imported from abroad, how do we continue to live well without going bankrupt? Indeed, what is the place of Nigeria in the African and World Economy?” He further queried.

He lamented that, while many public servants were being owed arrears of salaries across the country, many traders are experiencing a downturn in sales.

“Artisans abound, whose businesses cannot thrive without power supply and many of our youths are searching in vain for employment”, the VP added.

On power generation, Osinbajo noted that the APC manifesto, is to deliver a minimum of 10% GDP growth annually, while ensuring an inclusive economy that improves the lives of all Nigerians.

This, he said, cannot happen unless we achieve a significant improvement in the power sector, even as he assured that the administration will focus on improving the supply of gas to power plants, which will ensure sufficient gas supply that will help maximize the 13,000MW of generating capacity.

His words: “The plans for the power sector will be supported with a National Infrastructural Master Plan that requires an investment of Three Trillion Dollars over a thirty-year period. This is the minimal requirement to improve our infrastructure stock from 35% of GDP to the benchmark for our peers, which is estimated at 70% of GDP.

“Apart from enabling manufacturing and other sectors, we expect that the investment in infrastructure will also directly create thousands of jobs in construction and maintenance activities”.

On the petroleum sector, the VP also noted that Nigeria has the 6th largest gas reserves and 8th largest crude oil reserves in the world, yet itnis struggling with high unemployment and low industrialization.

He regretted that “this embarrassment is compounded by the recurring scarcity of refined petroleum products which deal goes further still to harm our economy.

“Also corruption and a lack of transparency has dealt a massive blow on the petroleum industry thereby depleting our resources and creating a business environment which repels serious minded investors, whether locally based or international”, he added.

He expressed dismay that with the huge natural and human endowments in the country, the most recent World Economic Forum’s Report on Global Competitiveness Index (GCI) 2014 -2015 ranked Nigeria 127 out of 144 countries.

“This is in comparison with many other countries in Africa, ranking higher including Mauritius – 39, South Africa – 56, Rwanda – 62, Botswana 74, Algeria – 79, Kenya – 90, Zambia – 96 and Ghana – 111. Similarly, the World Bank’s Report on Ease of Doing Business Index ranks Nigeria, 170 out of 189 countries surveyed”, he noted.

Osinbajo assured that in order to address the myriads of problems and challenges facing the economy, the Buhari Administration will tackle corruption in all sectors of the economy and establish a sufficient tax culture.

He further assured that the Administration will encourage Public-Private Partnerships and ensuring a transparent framework that reduces the bottlenecks in doing business.

“We are hopeful that an influx of domestic and international capital will begin to chase the huge opportunities in Nigeria very soon”, the VP noted, adding that the administration will give top priority to agriculture and education sectors.

Osinbajo expressed appreciation for the great work being done at the University to secure the future of Nigerian children and the country.

“Crescent University represents that bold effort of some private individuals in Nigeria who, of their own volition and with their personal wealth, decide to build institutions of higher learning”, he said.

Earlier, the Vice Chancellor of the University, Prof. Ibraheem Gbajabiamila, while welcoming the dignitaries who came to grace the occasion, said the students of Crescent University were doing well in their academics and are brought up in a well disciplined environment.

The Proprietor, Judge Bola Ajibola expressed gratitude for the Vice President’s visit as well as other dignitaries.

He said students of the University have maintained academic excellence nationally and internationally and all of them are accommodated in the school hostel, adding that “there is no cultism and other social vices”.

Unemployed, Poor Nigerians To Get N5000 Monthly – FG |
http://leadership.ng/news/440494/unemployed-poor-nigerians-to-get-n5000-monthly

This is like saying that buhari will equate $1=N1
Another false promise when they are hundreds of vultures waiting to devour the national cake.. I dont even think the national cake will be enough for these heartless vultures before the unemployed will get any...

This is rubbish!!!
Simply create employment opportunities that can get many youths employed. What is #5,000 going to Solve for an average guy?

Tho i don't have paid employment for now, I make more than 60k every month. And some lazy people are happy that government wants to give them 5k per month. Money that's not even up to what I use to drink beer in one outing. Smh

Thank you sir. I have ONLY one question wey born pikins dem. Assuming all these become feasible (NYSC monthly allowee makes it seem so), won't it cause inflation in the Nigerian economy, seeing as many ppl will believe there is too much money in circulation Lets start from there.

Beesluv:
I'm sure some working class will enroll for this

before nko...

whether considering d unemployed only, or only d poorest in d country, d fact is dat d population is just 2 much 4 d government 2 cope. It's a good idea, and i pray it should work out fine, but obviously it will b 2 difficult 2 implement it, and run it successfully...

When foreign reserves is depleted, no good roads, no healthcare, no good education, electricity is almost zero now you want to be paying 5k naira. Wastefulness and another conduit pipe to loot. This is how the governor of Osun State started by feeding primary school children, today the story is that of non payment of workers and I hope Nigeria's case will not be the same.

May God grant this govt wisdom to able to actualize his dream
Instead of constituency project money given to senators and being distributed among the party members only now the money can be channel to every nigerian at least that 5k is enough for some people to survive in a month like for unemploy youth can use it for transport to look for job etc

barry40:
It is a good policy but I don't know how feasible it is when the number of unemployed is more than the employed. Some parastatals are owing their staff. Government complains on spending too much on re-recurrent expenditure. I can't actually match these.
Let's assume we have 20 million unemployed. Paying N5,000 to each person translates to N100bn every month and N1.2 trillion per annum.
Statisticians can help me out on the figures and compare it to the National Budget.
Instead, I believe this money can be invested on developmental project.

Oga may you never be poor in your life so that you won't need money. You don't understand what poor people are going through because if you do then you wouldn't say what you just said

No wonder EVERY HAUSA guy here in the North believe everything is going to free since PMB came in

States can't even pay salaries and we are talking of giving the unemployed monthly stipends.

The should come out with a more tactical approach abi them wan pay the about-to-be unemployed civil servant 5k after the expected downsizing of both state and federal civil service.

I think the should concentrate more on a proper national ID and social security plan

Compared to the population of Nigeria we are not as rich as you think if the wealth is evenly distributed.

wachakuta:
Wind of Change....

And to be sincere dis con3 is DAMN rich.. asin walai Nigeria is very rich, if we can harness our resources and eliminate corruption, I'm sure FG will be able to pay more than 5k monthly sef...

If u ain't happy wiv dis Govt u have my permission to stay sober for d rest of ur miserable life...

CR77:
Is not a big deal even here in europe they pay there citizen

We know but this is not Europe we are talking about.

wait o, do these people know what they are talking about? ha ha ha maybe buhari thinks this is west germany if not, how long will it take him to collapse whatever sytem, device a transparent sytem and then start paying d 5k? that to me wil take years and if i am right then buhari has just started campaign for second tenure o! but anyways na west germany wey dis man go rule that time sha not 9ja!

Hmmm,not only poor Nigerians,na every Nigerian, cos na big office be that.Come Musa go check if I no 4get my PVC 4 that joint.Na now e go do im work

barry40:
It is a good policy but I don't know how feasible it is when the number of unemployed is more than the employed. Some parastatals are owing their staff. Government complains on spending too much on re-recurrent expenditure. I can't actually match these.
Let's assume we have 20 million unemployed. Paying N5,000 to each person translates to N100bn every month and N1.2 trillion per annum.
Statisticians can help me out on the figures and compare it to the National Budget.
Instead, I believe this money can be invested on developmental project.

Have you ever imagine how much was being looted annually from government purse by Jonathan's boys and girls. If BUHARI can plug those hole,the payment scheme would be effective and there would still be massive development.

blackmartial:
Please no more future tense, time to put the manifesto to work is NOW!

Yea me too. I hate reading goverment programs in future tense. Its better reading already executed ones.