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Cash Transfers: $800 Million Down The Drain - Vanguard Editorial - Politics (2) - Nairaland 205a2p

Cash Transfers: $800 Million Down The Drain - Vanguard Editorial (10886 Views)

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Judolisco(m): 6:53am On May 30
Any cash transfer scheme in Nigeria that you hear its done by hand or by a third party... Is majorly a scam

4 Likes

Blackdisciple(m): 6:57am On May 30
Kporkrikpor them no fit find am cheesy cheesy

2 Likes

Brushstrokes20: 7:02am On May 30
Eldruggie and his insatiable gang of self serving THIEVES have only come to STEAL, KILL AND DESTROY
No more, no less βœ”οΈβœ”οΈπŸ’―πŸ’―πŸ’―

3 Likes

Sicklebear28: 7:03am On May 30
helinues:
Toh

Shame

1 Like

TUANKU(m): 7:03am On May 30
When the head is rotten what do you expect?
With a morally bankrupt man as president i am not surprised.

1 Like

SeeAllen: 7:13am On May 30
Tinubu is a criminal never seen before

2 Likes

surgical: 7:15am On May 30
immortalcrown:
APC = All Promises Cancelled.
A PARTY OF CRIMINALS

3 Likes

Dokitto001: 7:19am On May 30
When Tinubu said" Corruption must be removed from Nigeria" i knew he meant "Tinubu must be removed from Nigeria" .

Listen. Nigeria is being ran by criminals in all levels l.

2 Likes

LagosOrigin: 7:25am On May 30
We warned Nigerians before the election that tinubu and buhari were all out to destroy this country but nobody listened

Oya una eyes don dey open small small

2 Likes

Earthkumy(m): 7:35am On May 30
World Bank are criminals

No body received any money from world bank
dalongjnr: 7:36am On May 30
Cascaded corruption.
ddippset(m): 7:44am On May 30
JASONjnr:
Lol.....

They will never complain that the government is borrowing way too much if the transfer successfully gets to their . But will complain if the FG borrows for infrastructural development..

How do you intend to satisfy these people? I mean the H&G Nigerians according to their activists😊😊
If it gets to "their" hands then it is a proof that the money was not embezzled.

But that phrase "infrastructural development" is 70 percent money for the boys.

We all know this!

3 Likes

Houseofglam7(f): 7:45am On May 30
ezra1990:
If you can imagine what you look like whenever you use the word "TOH"...then you'll forever remain silent





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1 Like

Centrik360(m): 7:49am On May 30
immortalcrown:
APC = All Promises Cancelled.




Everyone has got hard experience and captioned the istration differently.
APC==Association of political criminals.

2 Likes

chidiokay: 7:58am On May 30
JASONjnr:
Lol.....

They will never complain that the government is borrowing way too much if the transfer successfully gets to their . But will complain if the FG borrows for infrastructural development..

How do you intend to satisfy these people? I mean the H&G Nigerians according to their activists😊😊


Funnily, the money borrowed is not even going either ways, (people or infrastractural) instead it goes into the polithiefians pocket

So let us complain, if you are not getting 30k monthly as Apc urrchins you for done us ..

3 Likes

chidiokay: 8:04am On May 30
ARISHEM:
The IMF and world bank should not give us anything again. Their attempt to tackle poverty are been hijacked by the government to weaponize it.
World bank give Tinubu $800m to distribute to people to cushion the effect of pain and hunger caused by bad policies but you instead seized 60% of it distribute it to party starlwarts and open mouth that you are making progress.

If we sum up all the money Tinubu have wasted on cushion effect of sudsidy removal in the last 2yrs, would it not subsidize pms a little even if not wide margin

what can rice sharing solve, weytin conditional transfer wey no reach 30k wan solve for family man in this economic .. do our leaders even think at All
It’s obvious all the harsh policies of the government are meant to empower party stalwarts at the detriment of the people he is meant to led.
They cautioned Tinubu about the inefficiency of the controversial criminally corrupted social created by Buhari and yet he still went ahead to channel $800m world banks funds for the vulnerable into it. That shows he wanted his party and government to embezzle 63 percent of the funds.
That is intentional corruption.
Good2go1: 8:14am On May 30
You don't leave a goat with yam and expect the yam to be safe

2 Likes

3kay945(m): 8:56am On May 30
Mr. Tinubu has bedevilled this country just because he wants to update his CV to include Past President!

cry

Imagine what that amount can practically do.

1 Like

valentineuwakwe(m): 9:18am On May 30
Reno and Bayo will not refute this claims and allegations cos na World Bank talk am...But if na Peter Obi made such statement na eh


The next day Bayo Onanuga go call a press conference begin curse obi instead of providing concrete defence while Reno go begin lecture us again grin

1 Like

nwirinedu(m): 9:21am On May 30
Conditional cash transfers are just another avenue to loot funds, like the TAM of refineries.

1 Like

Niok: 10:08am On May 30
Tomorrow he will say he’s fighting corruption

1 Like

dontbothermuch: 11:53am On May 30
Countries like Brazil, Colombia, Mexico, South Africa and others, have developed sound social s and use them to channel routine cash transfers to vulnerable citizens to promote financial inclusion. On its own merit, it is a commendable strategy to give the lowliest of society access to government-istered palliation.

Do we have a social that can detect the very poor & vulnerable Nigerians? Because for sure, NIN & BVN don't have the capability for such.

1 Like

Precious452(f): 12:32pm On May 30
You will never see that APC riff raff Helinues on threads like this.

1 Like

maasoap(m): 1:01pm On May 30
infohenry:
They are intentional about it, nobody in Nigeria have benefited from this scheme, it is money marked out to settle party men and women.

Even the report didn't say nobody benefited from it. Just that people in charge are diverting and stealing larger percentage
maasoap(m): 1:03pm On May 30
ivandragon:
Very obvious...

Majority of those that even got were the cronies of apc and other political office holders.

Those are the ones that come online to deceive themselves because of crumbs and corruption.

You can't defend this allegation. Those who benefited ed through Community Development Associations both under Buhari and Tinubu
ivandragon: 1:23pm On May 30
maasoap:


You can't defend this allegation. Those who benefited ed through Community Development Associations both under Buhari and Tinubu

And you can defend it because you ed the people and know all about thier poverty and vulnerability status, right?
maasoap(m): 1:40pm On May 30
ivandragon:


And you can defend it because you ed the people and know all about thier poverty and vulnerability status, right?

It is not your or my job to identify poor and vulnerable people but you must know that there would be a way to do that. That is the job of the local government employees, they were in charge. And how do you identify poor and vulnerable than to send people to go to their midst (CDAs)?
I'm not defending Tinubu or Buhari or APC but my point is that don't rubbish what you don't understand based on the kind of mindset you already have towards the system.
Lookmun: 4:11pm On May 30
maasoap:


It is not your or my job to identify poor and vulnerable people but you must know that there would be a way to do that. That is the job of the local government employees, they were in charge. And how do you identify poor and vulnerable than to send people to go to their midst (CDAs)?
I'm not defending Tinubu or Buhari or APC but my point is that don't rubbish what you don't understand based on the kind of mindset you already have towards the system.
If we should ignore the shortcomings of the for the poor and vulnerable, the least we expect the government to do is to distribute the judiciously and diligently to the 15m but guess what? Only 5.6m (37% of 15m) was used for this purpose. The rest was used for other purposes which you can tell us since you know better. Mind you, the figure will be much less than 37% if we calculate in real .

In other words, they collected loan to make direct transfer of three tranches of N75,000 to 15m very poor. At the end of the day, the people that received at least one N75,000 payment was not up to 40% meaning that if you calculate the families that got all three transfers, maybe you’d be looking at a far less percentage.

Why do we Nigerians have to make excuses for this kind of evil?
nams77: 5:30pm On May 30
helinues:
Toh
..
Is that all you can say?
It's really a dirty job defending the government of the day.

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