Connect with us


₦8000 Vs Commodity: A Means to an End or an End to a Means?



The Federal Government had intended to give ₦8000 ($8) per month in cash to 12 million households, but it has abandoned those plans in response to the outcry from Nigerians over the palliative plan put in place to lessen the effects of the removal of fuel subsidies.

On July 13, Mr. Tinubu announced that his administration would distribute N8,000 to 12 million vulnerable households in order to lessen the impact of the Federal Government’s recent elimination of the fuel subsidy. He had stated in a letter he sent to the Senate on July 12 that the Federal Government had asked the World Bank for a $800 million loan as part of the “National Social Safety Net Program-Scale Up” to help the poor and vulnerable citizens.

He explained that the facility’s goal is to increase the number of people who receive shock-responsive safety net support among Nigerians who are vulnerable and poor. This will help them meet their basic needs.

The president stated that conditional cash transfers to the 12 million households’ bank accounts in the amount of N500 billion would be given as palliatives.

Even though this sounds good, many Nigerians opposed the proposal. In contrast to ad hoc solutions, some analysts noted that Nigerians require a long-term strategy to address their fiscal challenges.

According to financial expert Gbenga Adeoye, “Cash palliative is good in a country that has achieved optimal production level but the people are prohibited from going out to work. It does not benefit a country that has not yet reached optimal production level. In the United States of America, where COVID-19 Restrictions were in place, cash was distributed because people were unable to go out and conduct business. 

On social media, some people voiced their disapproval of this strategy. They pointed out that the Tinubu administration’s decision to continue the contentious policy of the previous Muhammadu Buhari administration of disbursing funds to “vulnerable” Nigerians was evidence that the administration lacked ideas for reducing the country’s high levels of poverty and rising inflation. 

“Is what he is proposing really the best way to revitalise the economy? He has no idea what he is doing. What can you get for 8,000 in a month? Chukwudi Okoye, a 41-year-old trader, said, “He is just laughing at us. I did not expect much from him anyway.

Additionally, Eedris Abdulkareem expressed his worry on his Instagram page: Palliative is a rip-off! Nigerians need productivity that will bring them prosperity, not handouts. 

Sadly, the announcement has once more highlighted the level of mistrust that existed between the Nigerian government and its citizens. The palliative rollout, which should typically make potential beneficiaries smile, has instead generated more questions than it has answered.

The palliative rollout, according to Anthony, president of the Pentecostal Ministers’ Forum (PMF) and general overseer of Kings in Christ Power Ministry International, was not worthwhile because it would accrue debt for future generations of Nigerians. He contends that spending money on infrastructure is preferable to investing it in an ineffective scheme.

Commentator on public affairs Akinlolu Abayomi added, “President Tinubu has to abandon the notion of supporting the poor through the provision of cash transfer. Instead, we ought to use these funds to strengthen our public transportation system by buying buses.

“People prefer to travel anywhere they want using the public transportation system all over the world, including the UK and some other nations. If the aforementioned sum is used to improve public transportation, buy cars and buses that will make people’s lives easier, etc.

“What we need is a long-term measure and solution to permanently end the issue of fuel importation and the subsidy,” added Mr. Ikechuckwu Enwere. “It is good that the FG prohibited fuel subsidies, but in order to make petroleum products accessible at low and reasonable costs, the existing refineries should have first been repaired for maximum and efficient production, and new ones should also have been built”.

According to Chijioke Ekechukwu, a former director general of the Abuja Chamber of Commerce and Industry, the government must make sure that funds designated for interventions are used for things that will ease the burden on Nigerians, particularly the low-income earners.

According to him, giving out palliatives in the form of cash or higher pay might not be good for the Nigerian economy because it will increase inflation.

“I don’t think palliatives should come in the form of money or pay raises because that will just increase inflation, in my opinion.

However, we can encourage these initiatives to provide quality education funding, particularly at the primary and secondary levels. Parental stress will be greatly reduced as a result.

Additionally, we should use the funds to support health care, empower our hospitals to offer free health care services for certain ailments. This way, Nigerians do not spend so much on health care.

Sources in the Villa confirmed the reversal to this publication today, citing concerns over the ability of the cash distribution to meet the administration’s goal of supporting the poor in the country struggling with the subsequent price spike following the termination of the corrupt subsidy regime. It appears that Mr. Tinubu heard the outcry to the N8000 palliative.

Instead, in response to a persistent demand from Nigeria’s Labour Union, the administration plans to raise the nation’s minimum wage. The increase is anticipated to boost the incomes of millions of Nigerians and offer relief from the apparent rise in living expenses.

The FG will also distribute essential goods to the poor in order to provide relief and ensure their survival as the nation prepares for the shocks that are expected to come with the end of the subsidy regime, which burdened the economy and deprived other crucial sectors like infrastructure, health, and education of the funding they need to advance.

Kafayat Abdullahi is a content writer with a flair for the entertainment industry. She's always in the know about the interesting news happening in our world. You can reach her at

Continue Reading


African Union Takes Action: Republic of Niger Suspended Amidst Political Unrest



In a decisive move that reverberated across the continent, the African Union (AU) announced the suspension of the Republic of Niger from its membership ranks.

This momentous decision was unveiled during the African Union’s Peace and Security Council meeting held in Addis Ababa, Ethiopia on Tuesday, August 22.

African Union:Picture Source- Pinterest

The suspension stems from the recent political turmoil that engulfed the nation, with the African Union pointing to the coup orchestrated by Gen Abdourahamane Tchiani on Wednesday, July 26. As part of a series of sanctions imposed on the francophone West African country, the Republic of Niger faced the repercussions of its internal upheaval.

The African Union’s stance was uncompromising, as it made it clear that Western nations seeking to meddle in African affairs should refrain from interfering. This firm message was directed from the heart of Addis Ababa, Ethiopia, where the AU’s call for autonomy echoed loudly.

The events leading up to Niger’s suspension unfolded against a backdrop of political uncertainty and unrest. The coup in Niger, orchestrated by Gen Abdourahamane Tchiani, prompted the Afican Union to take action. Their decision to suspend Niger was not taken lightly and was ratified during the Peace and Security Council meeting in Addis Ababa, Ethiopia on August 22.

The aftermath of the military takeover in left President Mohamed Bazoum in captivity, held under the close watch of the juntas in Niger. Despite international pressure, the release of the president and his family remains elusive. This tense situation compelled the Economic Community of West African States (ECOWAS) to intervene, imposing sanctions on Niger and establishing a deadline for the initiation of military intervention by the sub-regional body’s standby forces.

The suspension of the Republic of Niger from the African Union serves as a stark reminder of the continent’s commitment to upholding stability and safeguarding democratic governance. The swift response underscores the African Union’s dedication to maintaining order and security within its member states, sending a resounding message to the global community about the importance of respecting Africa’s sovereignty.

Continue Reading


Peter Obi: “I Campaigned For Presidency Because I Can Say It Any Day, I Will Solve The Problem Of Nigeria”



In a recent tweet that has caught the attention of many, @MissPearls shares an inspiring declaration made by former Anambra state governor and Labour Party presidential candidate, Peter Obi. According to @MissPearls, Peter Obi proclaimed, “I campaigned for Presidency because I can say it any day, I Will SOLVE THE PROBLEM OF NIGERIA. All these confusion everywhere can BE SOLVED, and I am PREPARED for it”

Peter Obi: I Campaigned For Presidency Because I Can Say It Any Day, I Will Solve The Problem Of Nigeria.

Peter Obi’s bid for the presidency in the recent elections stirred considerable excitement and garnered support from diverse quarters, particularly the youth demographic. The former governor is known for his progressive ideas and pragmatic approach to governance, which resonated with many Nigerians who sought change and effective solutions to the country’s myriad challenges.

Despite his extensive support and well-articulated vision, Peter Obi’s presidential ambitions faced formidable opponents in the election. The Independent National Electoral Commission (INEC) released results that placed him behind the All Progressives Congress (APC) candidate, Bola Ahmed Tinubu, who emerged as the winner, and Atiku Abubakar of the Peoples Democratic Party (PDP), who came second. However, these results were met with skepticism due to apparent electoral irregularities that marred the integrity of the process.

In response to the controversial election outcome, both Peter Obi and Atiku Abubakar filed legal challenges against the INEC’s declaration. This move underscores their commitment to upholding the democratic process and ensuring that the voice of the electorate is accurately reflected. As the election Tribunal Judges prepare to deliver their verdict, Nigeria watches with bated breath, eager to witness justice being served.

Meanwhile, the administration of Mr. Bola Ahmed Tinubu has taken significant policy actions since assuming office. The removal of fuel subsidies and the decision to float the Naira have triggered mixed reactions across the nation. While these measures may be intended to foster economic stability and growth, the immediate consequences have been felt by everyday Nigerians. The cost of living has surged, and the socio-economic effects on the rich and the poor have become more pronounced.

As the Nigerian population navigates these shifts, the aftermath of the election and the ensuing governance strategies offer a critical juncture for evaluating the nation’s trajectory. The voices of discontent, expressed by citizens facing the brunt of these policies, highlight the necessity for leaders to prioritize the well-being of the populace while pursuing economic advancements. It is essential for the government to strike a balance between fiscal prudence and safeguarding the interests of the vulnerable segments of society.

The policy changes implemented by Bola Tinubu have shed light on the delicate balance between progress and the welfare of the people. As the nation waits for the tribunal’s judgment and the dust settles on the recent election, Nigeria stands at a crossroads, with the potential to reshape its future trajectory and address the systemic challenges that have held it back for far too long.

Fore more updates, follow us on Twitter @ReporteraNews.

Continue Reading


Youths in Kano Defy Police Ban to Protest Alleged Tribunal Bribery



Hundreds of determined youths in Kano took to the streets, defying a police ban, to protest what they perceive as attempts to manipulate the state election petition tribunal. This incident unfolded against the backdrop of a ban on protests by the Commissioner of Police, Usuani Gumel, following revelations of alleged plots to obstruct justice through financial inducement in legal proceedings.

Youths in kano

The rally, which unfolded outside the state government house, saw impassioned youths brandishing placards with messages that underscored their commitment to justice and the integrity of the electoral process. Their actions were sparked by concerns over an alleged plan to bribe the state election petition tribunal, casting a shadow over the fairness of the process.

The ban on protests was issued in response to recent revelations made by Justice Flora Azinge, who unveiled purported schemes by lawyers to disrupt the course of justice through financial incentives. The Commissioner of Police cited “confirmatory intelligence products” as the basis for this decision, leaving a contentious atmosphere surrounding the freedom of assembly and the right to peaceful protest.

This ban, however, failed to deter the resolute youths who carried a variety of placards conveying their strong stance against corruption, manipulation, and injustice. The slogans they chanted resonated with their determination to safeguard the sanctity of the electoral process and uphold transparency in governance.

Among the messages displayed, one placard caught the eye with its direct callout: “Gandollar, stop spoiling the name of Tinubu.” This highlights the allegation that financial impropriety is tainting the reputation of key political figures.

In a video circulated online, the enthusiastic protesters chanted slogans that echoed their deep-seated concerns. Chants of “No to corruption,” “No to injustice,” and “No to manipulation” reverberated through the crowd, embodying the youth’s unwavering commitment to fair and accountable governance.

Addressing the gathering, Governor Abba Kabir Yusuf praised the peaceful conduct of the protesters and assured them that their concerns would be relayed to President Bola Tinubu. This gesture recognizes the role of the youth in shaping political discourse and underscores the importance of their voices in the pursuit of a just society.

In conclusion, the youths in Kano have seized the moment to voice their concerns and demands for an unbiased electoral process. Their defiance of the police ban serves as a reminder that public sentiment cannot be easily suppressed. As this incident unfolds, it raises important questions about the delicate balance between freedom of assembly, legitimate protest, and maintaining public order. It also underscores the critical role of the youth in shaping the political landscape and demanding accountability from their leaders.

For the latest news updates, follow us on Twitter @ReporterNews. Stay informed and engaged with evolving stories from all around the world.

Continue Reading