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Uncertainty hangs over Buhari’s N5000 monthly stipends for 25m poorest Nigerians

KADUNA – Most impoverished 25 million Nigerians who
have been promised conditional  N5,000 per month under the
present government are beginning to lose hope as no step has
so far been taken towards fulfilling  the promise.

The present government under President Mohammed
Buhari, has promised to pay a monthly stipend of N5000 to
the most deprived Nigerians on condition that they immunised
their children and send them to school.
The promise, which was also one of the 12 cardinal agenda
of the rulling All Progressive Change, APC, during and
after its presidential campaigns has been repeated several
times by the Vice President, Professor Yemi Osibanjo at
various public gatherings.

Investigation by our reporter shows that no single measure
has been taken by say, ways of identifying, documenting and
setting up a data on the supposed beneficiaries, talk less
of  making payment arrangements for this category of
Nigerians.

Also, the monetary implication of paying N5,000 to 25
million persons  per month may prove unrealisable at  N125
billion month, or N1.5 trillion per year. This is giving the
grim fact about failing oil prices which has placed the total
national expenditure per year to within N4.6 trillion since
2012.

The socio-economic implications of such raw cash inflow into
the market monthly, with no commensurate production, is
still not spelt out by the government
Though N5000 per month to the poorest of Nigerians is still
N13,000 beneath the minimum wage income of N18,000,  the
entire recurrent budget of the Federal government has
tethered around 2.4 trillion – wages, allowances, stationery
and all included.

In 2014 the proposed expenditure was N4.695 trillion,
recurrent non-debt spending, made up of salaries, overheads,
and other transfers was about N2.455. In the 2013 budget,
the recurrent budget was N2.38 trillion. .And additional
N1.25 trillion would surely tilt the scale.
Interestingly, the poor are still very expectant of the
welfare package.

A survey by our reporter in Kaduna shows that the very
poor in the society still believe in the promise and are looking
forward towards it.

“I know that Buhari is a man of his promise”, said Mallan
Saidu Madaki, a traditional barber who spoke to our
Kaduna Correspondent in Kaduna. “He will pay us that
N5000. If I get N5000 in a month, I wont be trecking round
Kaduna just to end up with N200 per day most of the times.
I have a wife and five children”, he said.

To make matters worse, there is no any indication that the
present government is planning to capture this huge planned
expenditure in the 2016 budget. And that should include the
areas of the past months, since the promise was based on four
years.

-Vanguard

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