$800 million GRATUITY

I don't understand this government. I thought they said they have secured the money already and looking for best way to disburse it

SAMUEL1947:
Buhari should forgive us na

Does not know how to generate revenue, funds, income for the country... just to be borrowing... nawaoooo

Nigeria get money,we still dey borrow money,nah wah ooo

Chai!!!

I wonder why are APC supporters quite about this trend

Levels1:


It will never be well with you in Jesus mighty name Amen

Shut up it will never be well with APC and it's Supporters if u like get angry that is your Fvking business

taylor89:
Why wouldn’t he be borrowing at die minute when he has zombies that defends him on Nairaland

Oya 30k stipend benefactors make una come remind us how George Washington also borrowed more 4 days to leave office


The evil y’all support una go pay for am one day

It will never be well with APC and their supporters

So that him and the Senators can share before leaving office sendforth na

SAMUEL1947:
How many days Left? God go punish this man o

Retirement funds.

The loan is irresistible to our loan addicted APC and they will fall for the trap ahead.

Last opportunity to loot

Racoon:
https://twitter.com/thecableindex/status/1656299484073132033?t=-0Rz3I3KEVfJUZGwimEasg&s=08

This man has borrowed Nigeria into oblivion.

Wasting Nigeria resources since 1960

treesun:


Buahri only came to plunder Nigeria, may God NEVER allow such a monumental disaster again!

Tinubuu will be worse for all of you supporting him. Just pray Peter Obi wins and take over Nigeria otherwise the country is finished.

Racoon:
https://twitter.com/thecableindex/status/1656299484073132033?t=-0Rz3I3KEVfJUZGwimEasg&s=08

This people are thieves

benqo01:


Shut up it will never be well with APC and it's Supporters if u like get angry that is your Fvking business

Your father should shut up.

It will never be well with you Amen

They shouldn't approve a dime.

Senate must not approve this money, its too much! No ideal, no productive thinking but only consumption. He chosed not to repair our refineries because they preferred their brother to own a refinery where they all have shares.

Transport fare to Daura katsina

If we know the country,
we will tweet them not to give him

taylor89:
Why wouldn’t he be borrowing at die minute when he has zombies that defends him on Nairaland

Oya 30k stipend benefactors make una come remind us how George Washington also borrowed more 4 days to leave office


The evil y’all support una go pay for am one day

It will never be well with APC and their supporters

Cc:

AderonkeOlaniyi:


Cc:

You dey tag them?🤣🤣🤣

Na trouble you dey find

Litmus:
Explain Nigeria's National Social Safety Net programme.

ChatGPT:
The National Social Safety Net programme (NASSP) is a social intervention programme launched by the Nigerian government in 2016 to provide a safety net for the poorest and most vulnerable members of society. The aim of the programme is to alleviate poverty, reduce inequality, and improve the living standards of the most disadvantaged Nigerians.

The NASSP is made up of four main components:

The Conditional Cash Transfer (CCT) programme: This programme provides cash transfers to the poorest households in the country, with a focus on women and children. The cash transfers are conditional on certain behaviours, such as enrolling children in school and attending health clinics.

The National Home Grown School Feeding Programme (NHGSFP): This programme provides free school meals to primary school children in all public primary schools across the country. The aim is to increase school enrolment and attendance, improve the health and nutrition of children, and create jobs for women and farmers.

The Government Enterprise and Empowerment Programme (GEEP): This programme provides access to credit and financial services to small and medium-sized businesses, farmers, and traders. The aim is to promote entrepreneurship, increase economic growth, and reduce poverty.

The Youth Employment and Social Support Operation (YESSO): This programme provides skills training, mentorship, and job placement services to unemployed and underemployed youth. The aim is to reduce youth unemployment, promote social inclusion, and improve the prospects for young people.

Overall, the NASSP is a comprehensive social safety net programme designed to tackle poverty and inequality in Nigeria. While it is still relatively new, it has already made a significant impact in the lives of millions of Nigerians, providing them with the support and resources they need to improve their living standards and break the cycle of poverty.

Litmus :Explain in detail Nigeria's financing plans for the National Social Safety Net programme.

ChatGPT : The financing plans for the National Social Safety Net programme in Nigeria are primarily driven by the government's budgetary allocation and external financing. Here are some of the details on how the programme is financed:

Government budgetary allocation: The Nigerian government allocates a significant portion of its annual budget towards the implementation of the National Social Safety Net programme. In 2021, the government allocated about 420 billion naira (approximately $1.1 billion USD) to the programme. This funding covers the various components of the programme including cash transfers, school feeding, and other forms of social assistance.

Donor funding: Nigeria also receives funding support from international donor organizations such as the World Bank, United Nations Development Programme (UNDP), and other development partners. These organizations provide financial and technical assistance to the government to enhance the implementation of the programme.

Recovery of Abacha loot: The Nigerian government also recovers stolen funds from corrupt officials and politicians to finance the National Social Safety Net programme. In 2020, the government recovered over $300 million of stolen funds from former military ruler Sani Abacha. The funds were allocated to finance various social programmes including the National Social Safety Net programme.

Private sector funding: The private sector also contributes to the financing of the National Social Safety Net programme in Nigeria. Some private organizations and individuals make donations and sponsorships towards the implementation of the programme.

In conclusion, the Nigerian government finances the National Social Safety Net programme through budgetary allocations, donor funding, recovery of stolen funds, and private sector contributions. These funding sources are crucial in ensuring the effective implementation of the programme and the provision of social protection to the most vulnerable people in the society.

Borrowing $800M not to invest but to pay #30k each as palatives is very ridiculous, only less than 40% will be paid as palatives the remaining will go into agbada pockets.

Litmus : Critics views on Nigeria's financing plans for the National Social Safety Net programme

ChatGPT :One of the major criticisms is that the program's funding is largely dependent on loans and grants, which can be volatile and unpredictable. Critics argue that the government needs to explore alternative sources of funding to ensure the long-term sustainability of the program.

Another criticism is that the program's budget allocation is not sufficient to meet the needs of the large number of people it aims to support. The program targets over 90 million poor and vulnerable Nigerians, but the budget allocation has not kept pace with the growing demand for assistance.

Additionally, some critics have raised concerns about the effectiveness of the program, arguing that it has not been able to reach the intended beneficiaries effectively. They argue that the government needs to review the implementation strategy to ensure that the program achieves its objectives.

Overall, while the National Social Safety Net program is a laudable initiative aimed at reducing poverty and inequality in Nigeria, there are valid concerns about the financing plans and the effectiveness of the program.

Litmus :Proponents views on Nigeria's financing plans for the National Social Safety Net programme

ChatGPT :The National Social Safety Net programme in Nigeria aims to provide a safety net for the country's poorest and most vulnerable citizens. The financing of the programme has been a topic of discussion, with some supporters holding the view that it is a necessary investment in the country's future.

Proponents argue that investing in the National Social Safety Net programme is essential for Nigeria's economic growth and development. By providing a safety net for the poorest and most vulnerable citizens, the government can help to reduce poverty and inequality, which can in turn lead to increased economic stability and growth.

Supporters of the programme's financing plans also argue that it is a matter of social responsibility for the government to support those who are most in need. They believe that the programme's success will depend on sustained funding and that the government has a responsibility to ensure that the necessary resources are available.

In addition, some supporters argue that investing in the National Social Safety Net programme can have long-term benefits for the country. By reducing poverty and inequality, the government can create a more stable and prosperous society that is better able to compete in the global economy.

However, there may be some concerns about the sustainability of the financing plans for the National Social Safety Net programme. Some critics may argue that the programme is too expensive or that the government's funding priorities should be elsewhere. Others may question the effectiveness of the programme or argue that it could be vulnerable to corruption and mismanagement.

Overall, supporters of the National Social Safety Net programme's financing plans believe that it is a necessary investment in Nigeria's future and that it can have significant long-term benefits for the country.

Cash out season am definitely sure that more than half of this $800m will be ending up in private pockets.

Racoon:
https://twitter.com/thecableindex/status/1656299484073132033?t=-0Rz3I3KEVfJUZGwimEasg&s=08

Aliko Dangote refinary playing there cabal card well... Remove fuel subsidy
So that they can sell Nigeria refined petrol at expensive Rate...

because how do you explain Limestone Mining was licensed to only one Man..
And yet Cement in Nigeria from Dangote cement factory are the Most Expensive compare rates to other African countries..

Buhari on die minutes fuel removal is to play dangote card to Nigerians..

Thank you

this man na confirm MUGU

This one is just to rub it in our face. National Social Safety Net programme.
Our mumu never still do. E still plenty.