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#commonsenselessons: Lesson 1 - N5,000 Payment To "Unemployed Nigerians" - Politics - Nairaland

Nairaland Forum / Nairaland / General / Politics / #commonsenselessons: Lesson 1 - N5,000 Payment To "Unemployed Nigerians" (668 Views)

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#commonsenselessons: Lesson 1 - N5,000 Payment To "Unemployed Nigerians" by chiteny(m): 9:15am On Dec 02, 2015
#CommonSenseLessons

• We promised N5,000 To “Vulnerable Nigerians”, Not Graduates – Lai Mohamed
• FG To Commence Registration Of Unemployed Nigerians Nationwide
• Buhari: Presidency to start paying N5,000 unemployment benefit in 2016
• Uncertainty hangs over Buhari’s N5000 monthly stipends for 25m poor Nigerians
• Buhari avows to gift N5,000 monthly allowance to Unemployed, Poor Nigerians

First of all, looking at these screaming headlines on our daily newspapers I see a disconnect between the presidency and Information Minister Lai Mohamed. Or is it deliberate to confuse Nigerians? “Unemployed Nigerians” are graduates while “Vulnerable Nigerians” are not necessarily graduates.

Now let’s do some math. Let’s forget about the term “Vulnerable Nigerians” or “Unemployed Nigerians” it’s all Nigerians that will benefit, whether the ones on the streets or the ones in their air conditioned homes and offices through which the cash payments are supposedly meant to get to the ones in the street. Though some organization estimate the “to be paid Nigerians” to be 75m, but let’s stick with the 25m Nigerians. For every given month, our dear FG will be doling out N5,000 x 25m = N125b. In one year this amounts to N1.5tr. If we assume we have 75m Nigerians to be paid (which I think is a more accurate figure), the monthly spending will be N375b and in one year is N4.5tr.

Gents remember Nigeria is almost on its knees over fuel subsidy. Oil, our main source of income is $45 as against over $110 previously. Infrastructures all over the country are comatose and not user friendly. Economy is near standstill as no clear economic direction for the nation. Even when there was economic direction, infrastructure and economic environment (including politicians’ self interest) were hampering growth of local manufacturing industries, making importation of finished goods the order of the day. And now we plan to pay N4.5tr (amounting to a meager N5,000 monthly) every year to the “people on streets” (abi na few ogas at the top?). Many states are already owing their workers for months. The state governors have held a meeting and are seeking to reduce the meager N18,000 minimum wage further, saying they cannot be able to continue with it for whatever reasons.

NIGERIANS OPEN YOUR EYES AND GET WISDOM!! How much value will N5,000 add to your life monthly if at all you get it? Can N5,000 give you up to 1 square meal every day in a month not to talk of taking care of any other need? Don’t you think it is wiser to have N4.5tr expended directly to capital projects that will improve infrastructure in the country and have people employed in the process that will be paid more than N50,000 in a month? Don’t you think the same “show” that happened with pension money a few months ago not happen now?

I have a weird feeling some few individuals have a mission to destroy this country called Nigeria. NIGERIANS LETS RISE UP TO THE CHALLENGE AND DO WHAT IS RIGHT. DO NOT TRADE YOUR TOMORROW FOR “A PLATE OF PORRIDGE” TODAY. LOOK AT ISSUES FROM A WIDER SCOPE THAN FROM A SELFISH INDIVIDUALISTIC VIEW. STAND UP TO DEFEND THIS COUNTRY FROM BAD POLICIES!!

P.S.
I don't need any IPOB rubbish write ups here. No insults amongst contributors. Constructive criticisms are welcomed. Finally i hope this makes front page for more eyes to see and more minds to be open.
Re: #commonsenselessons: Lesson 1 - N5,000 Payment To "Unemployed Nigerians" by Lanretoye(m): 10:31am On Dec 02, 2015
After the campaign and elections,APC didn't mention the issue of 5k and ppl started complaining. Now they are trying to actualize it and here is another criticism.

Before election,they be like na propaganda.
After election,they be like they deceived us with 5k.
Now,they are working mathematics and lamenting that it is not what they want.

Nigerians and confusion be like bread and butter.
Re: #commonsenselessons: Lesson 1 - N5,000 Payment To "Unemployed Nigerians" by chiteny(m): 12:05pm On Dec 02, 2015
Lanretoye:
After the campaign and elections,APC didn't mention the issue of 5k and ppl started complaining. Now they are trying to actualize it and here is another criticism.

Before election,they be like na propaganda.
After election,they be like they deceived us with 5k.
Now,they are working mathematics and lamenting that it is not what they want.

Nigerians and confusion be like bread and butter.

Nice to hear from you. But be aware i was one of those that saw this as not possible. I was expecting it to end with the campaigns. As we all know our politicians make spurious promises that they know they cannot achieve if elected. However seeing this headlines saddened me to imagine what is in the minds of our men at the top.

Please take note i am neither a PDP, APC or other political fans. I am a fan for better Nigeria. So whether bad policies are made by any party in government, i am against it as long as it does not make common sense.

But if you feel this policy is achievable and workable, i will really love to hear how it can be achieved with sustainability.

....waiting.........

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