So, should I say that this is the reason behind the rise of Naira ?
After sharing the token, what next?

izzou:
They have the list already

Some nairalanders are collating for this forum. I think Ngene is in charge

Do you mean Ukwuenu

Riversides2003:
This Government is just so dumb, they want to give. 5000 to the poorest Nigerian when almost 70% of the entire population are living in poverty. They will share the monies to their cronies against 2019 elections. Why not build hospitals that will benefit the masses.

Instead of building factories that can employ people and produce resources, I hate this country.

The aim of this is to start sharing mainly from the north then slow down before election.

Then the game will be vote APC to get your share.

Of course the masses will respond.

At the end less than 2% of that money will get to the extremely poor.

We know who will swallow the rest

Lordave:
This is thoughtless!

What problem will N5,000 solve for an Almajiri family of 9?

It can pay for one more bride. Even school kids now pay 500 Naira to marry themselves.

MikeTyson:

those corrupt Draculas won't die if they wire $1m dollars to every Nigerian with BVN; this is $500m we're talking about and this mad country is not even up to 250 million people yet.

I hate being nigerian, i swearRuGad.

Your maths is off. $1m in $500m places is only 500ppl. But I understand your sentiment.
If they change $500m to naira its a whooping N179900000000.00. That's 179.9 billion naira.
Instead they could share 1m naira to everyone with bvn.

xana101:
They should share d money to every one with bvn no.

abeg no vex,how many people dey for this country called NIGERIA?

izzou:
They have the list already

Some nairalanders are collating for this forum. I think Ngene is in charge

Dis is not fair o! Ngene ayam begging u to include my name in dat list. Even if I have to fill BMC or zombie form, pls jus gimme, ah wee fill it

Ibegtodiffer:
Exactly what I have been thinking. This is more so because there's almost no middle class in Nigeria. A man who earns #150,000 and has 15 to 20 direct and indirectdependants is poor. How many Nigerian workers have less than 15 to 20 direct and indirect dependants? So who are the "Poor"? For me, it is sheer deceit and and obvious attempt to re-loot the loot. How can you even think of sharing money as a poverty-relieving policy in the 21st century? This government never ceases to shock the world, especially in it's economic policies.

#stoprelootofloot

that money will do atleast some work in Nigerian darkness. instead of this bullshit

its actually a shame that Nigeria has no working data base to use in situations like this assuming the whole thing is true sef

Ha ha ha ha in-fact if i tell u say i know that means na lie i dey talk, but i suspect say him go google and find them out.

Can 5k even buy a bag of rice or even feed a family for two weeks ?

Instead of using the money to subsidize education and the public health sector to be affordable to poor people and also recreate employment for the hosting community.

The govt as failed us.

Even if u give Dem 1 billion dollars, they av no plans to implement a proper project.

Timichael:
$500m? Are we even up to 300million in Nigeria? Abeg let them give everybody $1million each. They will still have $200m to reloot.
Please, if you are rich. I mean very rich, please come and adopt me. Ayam tired of this country.

but sharing $1m to each person will mean only 500persons will get the money nah or u meant to say give $1 person?

xana101:
They should share d money to every one with bvn no.

Distribution of national income (Y) cant be shared that way. Bros me and you knw say no be every member of your family get account, from the immediate to extended family. You go collect tel them say FG send 5k to u? There wil inequality in the distribution of imcome, if they should embark of that.

Simple, BE AN UNREPENTANT AND SHAMELESS BUHARI APOLOGIST

That's why that criminal proposal,which Buhari wants to use to gather more funds for 2019 should be shut down by the NASS who should commence impeachment proceedings against against Mister Buhari immediately

Ah ah...
e nọ hard nah...
Them go compile their ghost lists with pvc as criteria then share the money amongst themselves. End of story.
So you see... It very simple my friend.
�����

xana101:
They should share d money to every one with bvn no.

Does the BVN determine whether the person is rich or poor??

nairavsdollars:
The federal government said poorest Nigerian families will get N5,000 each as it prepares to share $500m Abacha loot.

How will they identify these poor Nigerians? Is this not another way of relooting the loot?

As a Nigerian youth, I have been very slow in making any comment on the said Abacha loot. Despite various controversies surrounding it.

Many focused on the alleged statement by the President before his ascension to office, of denying that Gen. Sani Abacha who was his boss at that time, never stole.
Very few focused on how the money when recovered will be channeled.

The federal government on Monday in Abuja announced that $320 million stolen funds by late military dictator, Sani Abacha , would be spent on the "CONDITIONAL CASH TRANSFER SCHEME" of the administration to support the poor.
Reading this on Monday made my heart bleed. There is absolutely no wisdom in this.

The president some weeks ago caused an uproar amongst Nigerian youths where he branded us as largely lazy, uneducated and always sourcing for free handouts from the government.

Now the government is saying it wants to spend the recovered loot on "CONDITIONAL CASH TRANSFER SCHEME" of the administration to support the poor. Meaning they want to give free cash handouts to the poor.

Is this not encouraging Laziness and illiteracy our President accused the youths of?
Is this not plain hypocrisy?

This is an avenue for some corrupt elements in the government to legally siphone the recovered loot in the guise of "conditional cash transfer scheme".
There is a popular proverb that says "give a man a fish and you feed him for a day, but teach him how to fish and you'll feed him for life."

I'm really surprised that this is the most brilliant idea this administration can come up with despite been filled up with very educated and enlightened personalities.

The recovered $320 million can do a whole lot in helping to boost the overall sustainable development of this country.

For a president that travels out of the country so often for medical checkups and who's son was flown abroad for good medical health care after his bike accident sometime back, $320 million can help revamp our health sector.

For a country plagued by high rate of unemployment, limited developmental opportunities and poor social infrastructures.
The recovered loot can create good industrial development, provide good social infrastructure, improve our educational sector and create more technical schools, help boost SMEs, promote agricultural development, etc.

We the youths and the poorest amongst us don't need free handouts, we need good social and economic development, steady and constant power supply, good roads, etc. For crying out loud an enabling environment for good sustainable economic, financial and social empowerment.
The present economic and social realities do not encourage hardwork. That's why many youths turn to various social vices such as internet fraud.
Sharing that fund will only lead to high inflation, economic stagnation, social retrogression and negative sustainable development.

If we continue like this, I'm really afraid for our future generation and the future of this country.
The present realities on ground really paint a very gloomy picture of the future to those who have a sane and critical mind.

I can't keep silent anymore. I really love my country but most times I'm ashamed of our leaders.
Written by;
Courage. O

ManirBK:
Its seems NAFDAC is not enforcing the ban on codeine because you can see its effect every where including the post Above Me. Please Nafdac wake up to your responsibilities.

The Op raised a very important question and I was expecting you to contribute meaningfully and intelligently to the discourse at hand but rather you chose to change the narrative to a Pmb, anti-Pmb affair.
Bros in all honesty and fairness, I put it to you that you are part of the numerous problems of this country.

Riversides2003:
This Government is just so CORRUPT, they want to give. 5000 to the poorest Nigerian when almost 70% of the entire population are living in poverty. They will share the monies to their cronies against 2019 elections. Why not build hospitals that will benefit the masses.

The dumb ones are those who cheer them on

ManirBK:
Its seems NAFDAC is not enforcing the ban on codeine because you can see its effect every where including the post Above Me. Please Nafdac wake up to your responsibilities.

you know the hand also points at you @ the meme

The real poor people in this country doesn't know what they called account.
Gbam
QED
EOD

vRendoh:



.. This your share! the money strong o!
$1,000,000 X 300,000,000 Nigerians=$

Na so hunger reach my brother... sorry

Abi oooo

Dutchey:
like d 5k will make them rich

Simply through bvn, before you start enshrine 40 years jail term for bvn fraud stars.

nairavsdollars:
The federal government said poorest Nigerian families will get N5,000 each as it prepares to share $500m Abacha loot.

How will they identify these poor Nigerians? Is this not another way of relooting the loot?

They can definitely not be identified and that money will be stolen.

This is a project that is in conjunction with the world bank, Everything has being put in place by the Government, a General Household Survey (GHS) was set up, the Conditional Cash Transfer was also designed on how it will be executed.This project is in conjunction with international bodies and programmes were designed for effective disbursement. This Administration has being kicking against corruption, i know they will handle this effectively[color=#990000][/color]

how does this end poverty?