₦airaland Forum

sreamsense:
When poverty beclouds your thinking, you begin to see successful people as your enemies...

Austine1212:
Not 1.t trillion naira

Its 12trillion naira

vandalZA:
It will be funded in part by international finance institutions and by redirecting funds already allocated in the current budget.
The main interventions announced on Tuesday are:
R20 billion directly for fighting the pandemic. This includes spending on protective equipment for healthcare workers, additional ventilators, staffing, medicine, field hospitals and community screening.
R20 billion for municipalities for the provision of emergency water supplies, sanitising public transport facilities as well as feeding and housing the homeless.
R50 billion towards new grants, grant top-ups and other measures to relieve social distress.
R100 billion for the protection of jobs and job creation.
R40 billion for income support payments for workers whose employers cannot pay wages.
R2 billion to assist spaza shop owners and small businesses.
A R200 billion loan guarantee scheme from the banks, National Treasury and SA Reserve Bank.
R70 billion in tax relief schemes for distressed businesses.
In addition, taxpayers who donate to the Solidarity Fund will be able to claim 10% as a percentage of their taxable income.
'Devastating' impact on economy
Ramaphosa said the government's "urgent and dramatic steps" taken to stop Covid-19 have saved tens of thousands of lives, and were "absolutely necessary".
But, he added, this was having a devastating effect on the economy.
There are fears this will be enough to tip economically vulnerable households below the poverty line.
Some estimates have put the total damage to the economy as a result of the Covid-19 lockdown at a downturn of between 6 to 8%, with a million job losses.
READ | Unemployed will get R2 100 each in Covid-19 payouts over 6 months, children R2 800 extra
A 2018 study found only a quarter of South Africans can be considered middle class or of the elite class, while the rest either live in poverty or close to it. The same study found three out of four children under the age of 15 live in poverty.
Protests over food shortages have already been seen across the country, and the SA Social Security Agency is currently overwhelmed with applications for food parcels, receiving 9 000 calls an hour.
Grants and relief for impoverished
Civil society has been vocal in its call for greater relief, especially for the unemployed and informally employed.
So perhaps the most significant measure introduced by Ramaphosa was the use of the existing social security infrastructure to distribute millions of rand to the poorest in society via grants.
A number of institutions, academics, activists and economists had called for some form of a grant, either in the form of a new grant, a top-up of the child support grant or all grants, or the distribution of cash to the poorest in society.
Ramaphosa appears to have adopted all of these suggestions which include:
A six-month temporary coronavirus grant.
An increase of the child support grant of R300 in May and R500 from June to October.
An extra R250 for other grant beneficiaries for the next six months.
A Covid-19 social relief of distress grant of R350 per month for six months for unemployed people who do not receive any other grant or Unemployment Insurance Fund payment.
The roll-out of vouchers and cash transfers to those in need for food assistance.
The distribution of 250 000 food parcels in the next two weeks (a partnership between the Solidarity Fund, NGOs, community-based organisations and the Department of Social Development).
Funding
The R500 billion plan will be financed by R130 billion that will be reprioritised from the current budget.

zhike:
What is Nigeria doing to stop poverty in Nigeria.

Some stupid will compare South Africa and Nigeria, while South Africa is a developed country and Nigeria is a third world country.

Amotolongbo:
Nigeria isn’t indebted to IMF.

We are just planning to be indebted to IMF through the loan application we just tendered and expecting

aminulive:
SOURCE: https://politicsnigeria.com/fact-check-can-pepper-lime-ginger-cure-coronavirus/

rusher14:
That's the spirit we talk about.
We can't keep complaining but we must act. Demonstrate what you can do and see how your society prospers.
As your society prospers, so do you.
Kudos young man.
Watch how he would start having many engagements on the basis of this.

TerryMctola077:
Please, All phone guru NLanders in the house, I need ur advice on what phone I should get that is within the price above
Specifically 3GB RAM and above
Thanks

YangaBabe:
The recent Tecno phones have them. Try check them out

Hefymicky001:
i am asking why sir ...help me out

akashi01:
Helio P22 under a new hood

fergie001:
The Court of Appeal, Abuja Division on Thursday nullified
the judgment of a High Court of the Federal Capital Territory (FCT), delivered on 17 January 2020, which ordered the removal of Senator Ifeanyi Ubah, as senator representing Anambra South Senatorial District at the National Assembly.
https://twitter.com/tvcnewsng/status/1240613135754629128?s=19[/quote]Good. Congrats to a Businessman-Role Model.

We need more men with visible Businesses and experience in today's Politics.

Anambralstson:
The thirty six meters - long Nengo Bridge, Nteje has been officially commissioned by Governor Willie Obiano.

The Governor commissioned the project as part of activities to commemorate his six years in office.

The bridge was commissioned alongside the 3.6 kilometers stretch road, also constructed by the Obiano-led administration.

According to the Governor, the bridge and the accompanying road will be highly beneficial to people of the area, especially when the Anambra airport is completed.

Top government officials, Traditional rulers and many others, turned out in their numbers to welcome the Governor.

kolaaderin:
Idiot, see this link and dont come here to tell me its a bomb blast again. That contains a video of just a moment before the explosion


https://www.youtube.com/watch?v=DNcnF6C2i5A

https://www.nairaland.com/5737756/video-before-explosion-abule-ado