Nigerian activist, Aisha Yesufu has reacted to the proposed plan by the Federal Government to distribute N8000 monthly palliatives to 12 million households.
News360 Info recalls that some days back, President Bola Tinubu had asked the senate to approve a borrowing request of $800 million.
The president’s request was contained in a letter read by the senate president, Godswill Akpabio during plenary.
Tinubu, in the letter, explained that the loan would be used to scale up the national social safety net programme.
He also assured that the Federal Government would transfer the sum of N8,000 monthly to 12 million poor and low-income households for six months.
According to him, “You may further wish to note that under the conditional cash transfer window of the programme, the federal government of Nigeria will transfer the sum of N8,000 per month to 12 million poor and low income households for a period of six months, with a multiplier effect on about 60 million individuals.”
Reacting to the palliative via a post on Twitter, Yesufu wrote, “What is there to say that has not been said before? If one continues to rinse and repeat one is no different from the incompetent ones.
For context, the 10k of 2018 will have a value of 15 -20k today. How many mudu of rice will 8k buy a family? Keep defending nonsense.”
