Friday, July 11, 2025
  • News
    • Community
  • Politics
  • Education
  • Sport
  • Election
    • Security
    • Crime
    • Judiciary
  • Opinion
  • Economy
    • Business
    • Technology
  • Sport
  • Interview
No Result
View All Result
  • News
    • Community
  • Politics
  • Education
  • Sport
  • Election
    • Security
    • Crime
    • Judiciary
  • Opinion
  • Economy
    • Business
    • Technology
  • Sport
  • Interview
No Result
View All Result
No Result
View All Result
Home News

N5bn palliative won’t solve poverty, says NLC

JEO report by JEO report
August 19, 2023
in News
0
Share on FacebookShare on XShare on whatsappShare on pinterestShare on TelegramShare on Linkedin

The President of the Nigerian Labour Congress, Joe Ajero, has noted that the N5bn palliative package per state as announced by the Federal Government won’t amount to N1500 per person when shared among over 133 million Nigerians who are multi-dimensionally poor.

Ajero, who made this known on Friday in an interview on the Politics Today show on Channels Television, argued that there was no way N185bn would amount to something impactful, when shared among 133 million Nigerians who are multi-dimensionally poor, according to 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 wouldn’t 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.

“In fact from the first increase in pump price of petrol and the last one, a lot of people moved from the borderline to a very high level of poverty. If you calculate and do an arithmetic on that, you will discover that it won’t amount to N1500 per person and you ask if that’s the impact that we want to achieve,” he said.

JEO report

JEO report

Related Posts

IMF pledges support for FIRS on tax reforms
News

IMF pledges support for FIRS on tax reforms

July 10, 2025
24
Tinubu govt seeking excuse to clamp down on coalition – ADC
News

Tinubu govt seeking excuse to clamp down on coalition – ADC

July 10, 2025
2
Tinubu’s reforms boosting economic recovery
News

Tinubu’s reforms boosting economic recovery

July 10, 2025
5
TCN urges residents to vacate high-tension power lines amid rising vandalism in Kaduna
News

TCN urges residents to vacate high-tension power lines amid rising vandalism in Kaduna

July 10, 2025
5
Senate probes N1.3tn CBEX collapse, declares national emergency
News

Senate probes N1.3tn CBEX collapse, declares national emergency

July 10, 2025
14
FG begins reconstruction of Eastern rail line corridor – NRC
News

FG begins reconstruction of Eastern rail line corridor – NRC

July 9, 2025
29

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

  • Trending
  • Comments
  • Latest
Kwara Student Excels in 2025 UTME with 362 Aggregate Score

Kwara Student Excels in 2025 UTME with 362 Aggregate Score

May 9, 2025
BREAKING: Abdullahi Suleiman Oba Appointed Acting CEO of KWARTMA

BREAKING: Abdullahi Suleiman Oba Appointed Acting CEO of KWARTMA

April 17, 2025
APC Concerned Kwara Central Elders Call for Zoning of 2027 Governorship to Kwara North, Endorse Gov. Abdulrazaq for Senate

APC Concerned Kwara Central Elders Call for Zoning of 2027 Governorship to Kwara North, Endorse Gov. Abdulrazaq for Senate

April 22, 2025
Oil Spillage in Ilorin: KWSG Assures Swift Action as Ifelagba Community Raises Alarm

Oil Spillage in Ilorin: KWSG Assures Swift Action as Ifelagba Community Raises Alarm

April 17, 2025

UAE removes Nigeria from visa-on arrival list

129

Bandits can’t continue abducting school children unstopped – Northern Govs’ Wives

43

Bullfighting Festival Axed After Bulls Named ‘Feminist’ And ‘Nigerian’ Cause Controversy

39

Sex abuse probe: French church had 3,000 child abusers

31
Northern leaders unveil Arewa movement

Northern leaders unveil Arewa movement

July 11, 2025
Corrupt politicians using crypto wallets to launder money – EFCC chair

Corrupt politicians using crypto wallets to launder money – EFCC chair

July 11, 2025
NELFUND resumes disbursement of students’ upkeep

NELFUND resumes disbursement of students’ upkeep

July 11, 2025
NiMet forecasts three-day thunderstorms, sunshine from Friday

NiMet forecasts three-day thunderstorms, sunshine from Friday

July 11, 2025
  • About Us
  • Contact Us
  • Privacy Policy
  • Terms and Conditions
  • Disclamier

Copyright © 2025 Justeventonline Publication. All rights reserved. Design and developed by Ishowo Web Creative

No Result
View All Result
  • News
    • Community
  • Politics
  • Education
  • Sport
  • Election
    • Security
    • Crime
    • Judiciary
  • Opinion
  • Economy
    • Business
    • Technology
  • Sport
  • Interview

Copyright © 2025 Justeventonline Publication. All rights reserved. Design and developed by Ishowo Web Creative