NLC Says N5bn Palliative Will Not Solve Poverty In Nigeria
The Nigeria Labour Congress has reacted to Federal Government N5bn palliative package per state, to alleviate the hardship Nigerians are currently passing through.
The NLC President, Joe Ajero, noted that the N5bn will only amount to N1,500 per person when shared among over 133 million Nigerians.
Ajero argued that there was no way N185bn would amount to something impactful, when shared among 133 million Nigerians who are multi-dimensionally poor, going by the statistics he got from the National Bureau of Statistics.
The Labour Union leader maintained that even if the funds were converted to the value of six trailers of rice, it would not amount to a cup of rice per individual when shared.
He added that from the time of the first increment of pump price for petroleum to the last one, more Nigerians had gone beyond the borderline, and had slid into a very high level of poverty.
“Let us assume that it is a palliative and not a loan, you will agree that it is difficult to feel the impact of such an amount at a time like this when the Bureau of Statistics has come up to say that over 133 million Nigerians are multi-dimensionally poor.
“You start to wonder about the impact of N185bn to 133 million people by their admittance, who are multi-dimensionally poor”, the NLC President declared.
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