Poverty Reduction: N5,000 ‘Goes A Long Way’ For Many Nigerians – Minister

  • 📰 channelstv
  • ⏱ Reading Time:
  • 20 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 11%
  • Publisher: 63%

Nigeria Headlines News

Nigeria Latest News,Nigeria Headlines

The Minister of Humanitarian Affairs, Disaster Management and Social Development, Sadiya Umar Farouq, has said the N5,000 monthly national cash transfer to vulnerable households goes a long way in reducing poverty. She stated this on Thursday during a briefing with State House reporters in reaction to the relevance of the initiative to the Federal … Continue reading Poverty Reduction: N5,000 ‘Goes A Long Way’ For Many Nigerians – Minister

The Minister of Humanitarian Affairs, Disaster Management and Social Development, Sadiya Umar Farouq, has said the N5,000 monthly national cash transfer to vulnerable households goes a long way in reducing poverty.

“If you look at the people that you are taking this intervention to, N5,000 means a lot to them because these are poor and vulnerable households and it changes their status, but for you and me, N5,000 is not even enough for us to buy recharge card, that’s the difference,” she said.“But for these poor people in the communities, you have seen, they were able to save out of that N5,000.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

Sorry to say ma, your 5000 naira have nothing to do for Nigerians... Make a society that citizens will feel comfortable to stay

If she really said this, then she must have contributed in this country problem

No it doesnt. It's 9 dollars. If 1000 dollar can start u up in life then you already in mess. Make it 1500 dollars partisan relief program. Even if it's 100 people it will go a long way than spliting it for over 150 million people.

Hmmm

Omo this kind of talks. Naa from her we suppose try am first. This is madness 5000 go a long way indeed.

It appears our leaders are completely out of touch with the reality. They further annoy the people with their statement.

Reduce your monthly pay and Allowance it will also go a long way

This is pathetic. These opportunistic public office holders should stop giving people fish but teach them how to finish. They should do the right thing for the citizens.

As it's goes a long way for your children ,these so called woman is so wicked both in speech and write-up

Poverty Reduction amount ₦5,000 Madam's Wrist Watch $50,000 Nigerians should be grateful. Why not?

It is not your fault.

Fools

Is it every day payment?

Them don dey find another way to steal money.

This an insult to Nigerians.. You people na thinks 5000 is the solution to the problems you guys are inflicting in this country

This people go just dey make somebodi laff wan kain yeye laff. 5,000 for every Nigerian goes a long way. Abi dem no do the maths ni 😒

Madam create jobs and quiet giving money. The govt complained youths are lazy, but no job to prove if we are lazy, u said we should create jobs, una wey hold our money no fit create job na we go create am.u want to be sad, listen to Nigeria news.

She talks as if we are in 1991, I don’t blame this government at all. If someone abroad see or hear this will think 5k is big money. It’s not even enough to feed a family for one day. This government is a bad dream we need to wake up from…

God will judge u people and your family. You and your children will find yourself in such position.

No leave them, wen dem steal money dem no go reason say Nigerians dey wey dey sleep hungry.

The many Nigerians that 5000 goes for is an evidence that Nigeria is not just the poverty capital of the world, but worst. I weep 😭😭😭😭😭😭😭

Madam pls co and sit down with your5000 if not you will hear what your ear will not be able to hear, what can you use 5000 to do now in 9ja, pls don't go to poblic place to say it ooo

With the hyperinflation, we are experiencing in Nigeria now, what will N5000, do for anybody. Even in my village, N5000 cannot feed a family of four for one week

Tunder pls locate this useless woman

Explain how 5000 can help reduce poverty instead of this useless government to think of job creation, you are thinking of sharing money

What can we even do with 5,000 today considering the exchange rate with dollar and the rate at which prices of commodities have increased recently?

5k which is not enough for a pot soup prepared by the minister, God will never forgive her. Does she know the meaning of the tears shaded by the poeple she has been giving 5k? Has she given her child who is in secondary school 5k as pocket money?

These people can't be serious

Which of the way? Is it the one that kerosene is more expensive than petrol or the one that 5k cannot fund the purchase of gas cylinder for family use. All the money that has been used could have been pumped into education and let's solve that one buggling problem.

Another Deziani in the making 😂

Hmmm... Then as government, you should be worried, if N5,000 ($9) would go a long way for 30days for any Nigerian. That means $0.3 per day, that is N167 per day, while spaghetti is 400! If an insufficient N5,000 still goes a long way, then there is a big problem!

Minister where and how far will 5000 go for any poor Nigerian?

Then why are loot in Billions

And this is in fulfilment of one of the campaign promises of APC abi? BABA is really trying his best for us o.

Better go and sit down, madam what can you buy with 5,000 naira. what ApC government can not say does not exist

Which account self

How much do u spend on buying food items or shopping....I can't blame u cos u r there eating Nigerians money dats u r talking rubbish.... stupid woman.

Borrow to pay and owe! I pity this buhari and his team.

How do ur government intend to sustain the payment of 5k.. Monthly...

My concern is not if the 5k will go a long way to reduce poverty but how it will get to the poor in question!! cluelessAPCgovt.

Skid for 5k

Our Billions is about to swim through pockets and GP tanks

The height of wickedness. Nigerians are the most wicked breed of humans on Earth.

It's quite sad when these people come out in the open to say such scandalous statement,

May I ask what it does for you?

I can't believe she said this N5,000? And what does she mean by many? What percentage of Nigerians will feed/live on 5K monthly? What percentage of Nigerians have never seen 5K before in their lives And in this day, 60K yearly is not a form of poverty reduction. Empower ppl

Daily or monthly ?

Misplaced priority. 5k that the bandits will still go and collect in their various homes.

How long will that go on and how many people, invest in us..I have ideas to create job for the future generations and help eradicate poverty

For your family

E no reach me oh, make I drop my Aza ?

So because you gave 5000 which made them to cry and she'd tears, you assumed that the money is enough for them. Tell me, for how many days are they meant to use the money? What are they to use it for; is it for utility bills, schools fee or feeding? Will it reduce poverty?

Na lie e no dy go any way na for that same spot them give am e dy finish

The issue is not the 5,000 madam this a to impoverish the people more, no serious government will start disbursing money to her citizen without first fixing the economy and making sure there are more jobs out there. Y'all lack nation building etiquette

This woman no get Twitter handle... Shit talk

N5,000 to how many Nigerians? Who are these Nigerians, how many beneficiaries per state, per LG? Madam! You and your govt had impoverished many Nigerians so much that they now see your N5,000 as N500,000. Shameful!

What can 5k do for God sake!!

This woman is ridiculously joking. This is an insult on Nigerians, especially the target group she's referring to. Do those people have a different market where they buy and sell? Don't they take transport? Oh! They don't use electricity.They don't pay rent? Who's this woman?

Look at you a woman saying 5000 will go a long way in this country that you guys have destroy, ah ah minister I don't think that amount will be enough for your children daily spending not to talk of a mother with children.

Our dear ATM machine, ours is yet to land

A minister with a sense of self-worth should be ashamed of saying this, it portrays the very government you're serving in a bad light. The situation in Nigeria shouldn't be this dire under a responsible administration.

Madam .. sincerely speaking..u only need to provide jobs..Nigerians re hard working ppl..stop this insult of 5k .u re not educated to Ve been thinking in this direction... Nigerians re not beggers plz get sense

At this point in time that everything thing in the market is at a high price 😢 😹 😿 😭

I don't blame u madam.. As in 5k for a week Meal or for family person to survive with or for what need exactly?

What appropriate criteria have been put in place to enable these distribution .

A fools at how old is she?

Is that how you people have reduced the citizens of this country to, what's your definition of 5000 goes a long way for many Nigerians? I don't blame you at all...

No be her fault..

Clap 4 urslf. U have done well.

I humbly request that the salary of Madam minster and other Federal Govt officers be reduced to 5,000.

maQaryata

This woman should shut up

What are the basis for judging those who are poor because none of your programs have benefited anyone in the south or east

Being able to say in the open, on behalf of the Government that $12.02; £8.82 is good enough for some Nigerians is shameful. Naira used to be much more than this. You seem to be proud of the level of poverty that you have subjected Nigerians to. God will judge us all.

FinMinIndia NigeriaGov NGRPresident cenbank cnnbrk Why don't same thing apply to all political office holder in Nigeria both this Minister to reduce there monthly pay to N50,000 it will also go a long way for them as Nigerian. Let them lead by example if they can survive it.

Una don craze finish

Wickedness.

If I say make thunder fire this woman now e go be like say I Dey curse person mama….witch

Craze dey worry this woman

It will go longer way to your family

That's not correct madam Minister

Shameful

We agree, bcuz you have placed them in such a way that dey see you as god, that's the reason you can use dem just the way u like, in carrying out atrocities round the north, shame unto you

And you're proud to say it.

With the level of poverty, it's not surprising.

Please we Nigerians in the U A E are suffering because of working permit since eight months now, please we need Nigeria government help, they denied us working permit

MB Marwa should send people to go and test this madam.

I think she's on high drugs

Ana - Akogheri

For how long ? The time for accountability shall come someday

My own never reach me oh abi how Dem take dy share am ?

This government is short of ideas, all avenue to embezzle public fund is all they care about.

It's true that 5k can go along way for many nigerians but HOW . Is it when the is hike in everything in the country

Are they going to credit every one 5k in Nigeria

Ment?

How about her accounts been freeze and her given 5000 with strict rules of nobody handing her cash or any kind of financial aid. Then she will understand 5000 is the new 500

There's nothing that goes any long way with 5000. Empower these people to be able to produce food for themselves. That's true empowerment. Anything else aside this is an attempt to embezzle public funds

🤦

Them dey always talk about that same 5k since 2015 till date Which kind government be this

this woman dey craze .. aswear

Pls what do I do to get this 5k biko ?

5,000 goes a long way, what do you think you can buy with 5k now? You guys are very wicked & no fear of God.

Fuck you. What a hell 5000 ?

Devil 👿 woman in apc

So is that poverty alleviation?

Ogun go kill this people, God will not judge you join awon werey 😡

This goes to show you how poor Nigerians are under APC

Very clueless people. No innovative ideas. 5k that is not enough for their airtime a week is what they want to give to people. It's high time nigerians let them know we cannot be beggers in our own land where we have everything in excess

Wow

If N5000 can go a long way for a single Nigerian adult today, the APC government must resign for being a total failure.

Those you give 5k appreciate it doesn't mean they are ok . They appreciate it because Nigerians also appreciate things no matter how small .

Are you talking about the Nigerians in ur IMAGINATION..... Giving the economic situation in the country you are even saying 'Goes A Long Way'.... May God Forgive you for this statement.... SAVETHELAND FinMinNigeria

If you guys want to reduce poverty in the country,make fuel cheap and open all the borders so that food can be entering.

You give someone 5k to do what? feed or live on that amount for a full month or what? Apparently the funds are not disbursed on a monthly basis and to top all the nonsense, no records of who the beneficiaries are. This is too much crap being rubbed on the faces of Nigerians.

Another means of looting

To think that this Government means well for nigeria, is insane. Another way of vote buying.

What can 5k do for office let alone her home.. But can do for many Nigerians…. Make right choices Nigerians …!!!

If someone you’re lying to didn’t know you’re lying I believe you yourself will know you’re lying

See this woman

This is just a Silly talks bcuz what can 5000 buy in this present Situation we are

Shameful leaders when Algeria 🇩🇿government has implemented n passed to bill giving fund of $100 (£70) to all unemployed citizen from 19-40years till they get a sustainable job offer. What has N5000 naira got to do?. Money that's valueless

N5,000 goes a long way for Nigerians ten years ago, not now. The prices of things in the market now, just one thing you get boom your N5,000 don go.

5k to do what?

Indeed? To buy a litre of PMS, or a plate plus of food, or pay for a hospital consultation?

For northerners only! Capinta YES!!

Hw do we know who gets the money? This country sef!!!!

You are inhumane. Ma.

A fulani woman who thinks Nigeria is just a small community. I'm sorry to say but I think you are not exposed. You can stay there in ASO Rock and talk gibberish and presume it is as u think it is. Good riddance! Bad rubbish!

True

To be honest ,these guys confused

Madam minister , what can N5,000 do to a family in this economy. You people should talk with the fear of God

What is N5000 for God sake, Haba haba!!!

Just imagine, what a country....one dollar oh

Our leaders are poor... simple Because a poor person thinks of daily bread while a wealthy person thinks of sustainability and wealth creation And our leaders do not have that insight to create wealth... It is such unfortunately that I am a Nigerian at this time.

N5,000 cannot take anyone out of poverty not even N50,000. What a shame!!!!

Yes she's right, it will go a long way for the northern, whenever they talked about Nigeria we are not included. I need a person to testify that he or she received covid 19 Palliative fund, all we heard was that Abuja has started receiving their

This woman does not understand anything about the economy of the country and Nigerians situation.....I can categorically tell you that her children are living buoyant on our stolen money....How can you say 5000 goes a long way for Nigerians...this woman is wicked.

Are you kidding me What do you think 5k can buy today in nigeria? Please if she has nothing to say let her keep her mouth shut before I loose on her

Penny wise pound foolish leadership everywhere

I hope she bought the pair of earrings on her ear for N5,000. Bad people, God is coming after all of them with open disgrace that will make them miserable for the rest of their life.

God will continue to punish you people! You probably spend more than 5000 on just a meal- maybe breakfast.

Awon oloriburuku… What can N5,000 do 😏

What can 5000 naira do for someone now in this present economy of the country Bunch of unreasonable and incompetent people in office.🙄

Her mumu no too much? How can a honest and educated person, a woman for that matter will publicly say 5k has gone a long way reduced poverty? Does 5k fuel her car in a day not to talk of one month?

OfficialAPCNg led NigeriaGov have turned the citizens to this state. Telling us that N5,000 will go along way for many Nigerians what an effrontery and wicked souls in the helms of affairs in this country. Responsible government all over will reduce poverty of its member

Nigeria government is deceiving us by telling us that 5,000 is going long way. 5,000 that can not be use to prepare food at once. 500 is not up to the money that they are using to buy recharge card.

5,000 can't reduce poverty in this present economic crisis in Nigeria better teach fishing than give fishes.

Sadiya_farouq one day you will surely give account. Weaponizing poverty through making life hard so as to embezzle and share stipend

Scam

U r fake with trying 5k

It is this mindset that has rendered Nigeria stagnated. If you guys are seating in high positions with all the millions as salary and know sincerely that there are Nigerians who haven’t seen 5k in a long while and still feel comfortable ripping Nigeria then you are the problem.

This is total dehumanizing and worst a government could do to its citizen

Very true.....reminds me of 2015.

Maddo

5000 will go along way? As a woman that runs a home if you rearly do, what can you do with it in your family. Wicked and heartless people in government.

Imagine this rubbish talk..... 5k that will not buy bags of purewater that will sustain a family for a month. May God test u n ur family with this 5k you just so convinieintly think is comfortable to sustain a Nigerian family

Use the 5k to read an enabling environment for those poor people to grow.

Keep that to How much do you spend feeding ur dogs?....Is 5k enough for ur feedings...Madam, stop insulting Nigerians

AirtelNigeria why not retrieve the mifi and give him another one for good faith service to your customer.

Poverty isn't just lack of money but also lack of innovative ideas which our leaders suffer from.

10 liters is now 5k

Who Re the people that sat down and listen to this rubbish if I be camera man I for stone the woman camera lens

Madam 5k will no go any where for Nigerians, provide opportunities for the citizens.

Fake insensitive

Yan more dust ma'am

Channel TV are you guys for real 🤔

5k to do what exactly?

I wonder how you people reason.what is the rate of inflation and what can that amount buy? Tufiakwa

Wrong person in leadership dat is bereft of cogent n progressive ideas. Shame.

For the fact that this woman's Technical Assistant couldn't answer me in the affirmative, when I asked her on national radio, if they have records to account for every kobo they're claiming to have spent on the poor? I know, why all the focus and emphasis on sharing money.

Oboy let’s see the 5k first na

No it doesn't how if converted to dollars is that pls stop it

These people think that everyone is a fool. I weep for Nigeria. Everything has fallen apart.

5000 can't last for 3 days. No matter how you try

What exactly can 5000k be useful for in nigeria of today,heartless set of people

🙆🙆

Shameless people

Lack of sense 5,000 go a long how much is fuel now

Shameless and heartless statement. They accepted it because they do not have any option. No wonder the nation is where it is today. She seems not to realise how many factories or farms the money distributed would have built. Thereby lifting some Nigerians out of poverty.

Arụ mmere. FreeMaziNnamdiKanu

....and to think of, you are a woman saying this trash

How much is rubber of beans? How much can you use to cook soup and stew for 4days? Who do us like this to believe 5000 can sustain someone for a month?

News like this is just a disgrace to the Southerners generally. We need referendum.

A clear judgement

I'm in dep regret of purchasing AirtelNigeria mifi just to cme hme and find out it's not connecting to the Internet and I have over 5gib on it in adtn to the 3gb I bought but nothing concting to the Internet. Please if you are seing this post beware of airtel mifi, it's a scm

Idiotic policies..they steal billions and handout 5000.

We don finish

God will punish you

OMG!!!

May God give u a 5k job u inglorious fool

Eleribu

Who was that ewu that make dis weeeeeereeeeeeh statement

Who is day ewu that said so?

It's an insult of the poor.

This I not true.

A flagrant display of shame🤦🤦

Eze ule has spoken 🙄🙄🙄

When ngozi was finance minister,you just know someone that knew her job was handling the economy,this one just the occupy space

These people are running this country like a zoo. How will 5k make things better for people? Job creation and basic amenities are what make life better. Giving out money is nothing but big propaganda of corruption and a white elephant project

I think these people don't live in Nigeria

$11... Wow that is a lot not just a lost way... Oh I mean a loooool way

Please be kind enough to tell us how far it will go, stop deceiving your people because must of the peanuts goes to northerners, if Kaduna refinery is working it is better than 5000 given to 20million northerners because it will impact positively in there respective lives.

Mtweeeeeeeewuuuuuu!

Nigeria my country

If 5k can mean a lot to those who you have made poor.Wait till when you will be face with challenges which your billions will not be able to solve.

And do you imagine you can alleviate poverty with N5000=? Even corrupt ridden Nigeria that amount cant do anything to uplift even the poorest of Nigerians.

Watch out this woman will win for APC anytime anywhere

A confused government with no ideas, direction, vision and mission.

Continue 😂😂

Please stop this madness... Or 5k start going a long way for you and your generation yet unborn. Wicked woman.

Yes, that is true but it's inaudible!

Mad ministers everywhere!

I don't blame her or he or whatever it is that spoke that rubbish

Which market will the so called beneficiaries go and buy food stuffs with the N5,000? It will be APC Coven market.

Madam please show them how manage 5k for a day, month or year, however you think they should manage it

E be like say they want loot another money... Why not build the economy so people can work and earn their own money?

Not that far, even that sum can't quench thirst for an average family just a day

We can grow together on this space... I no be celebrity wey no dey follow back. follow me I follow back immediately(asap)

Donno what is thunder wsitin to strike sha

You are thief of the highest order.

That's just it. They subject the people to hand to mouth rotative lifestyle till they become BEGGERS, and see their OPPRESSORS as gods in their eyes.

A foolish Minister will always speak rubbish in the public space.

All of una cabinet suppose to end up for ICC imagine audacity saying 5k go long way ...so una know that people is suffering just doing it intenation God will judge u all 🙏

5k that cannot even 30litrs of fuel.

5k? Ah

🤦🏽‍♂️🤦🏽‍♂️

You're right. Please kindly help me prepare business proposal for 5000 grants or loan

😳

We call on the MBuhari NigeriaGov to stop the weaponization of poverty. The National minimum wage is 30k. We can't give people 5k per month and pretend to be taking them out of poverty in a country with a staggering inflation rate. StoptheNigerianGovt

Useless statement, how can someone sustain with 5k in a week

Madam you have to fear God

Five 5K ko a kauye inda akeshan kuka da kwado babu inda zataje. 1 mudu of garri is about 800 naira, Something nobody in the north eat as food before 2015.

What can 5k buy in the market? Imagine saying it goes a long way

The caption was misleading

Please kindly keep your 5k. It does nothing at all now that there's inflation of well over 50% in reality not in analysis.

5k will go a long way for you and your family, isonu somebody, no be una bring it upon Nigerians?

Shadiah heaven is far from you

Let's reason like pple with brains...how long will 5k take? How often will they be given? Daily or weekly? And how long will it take? A life time? Or for just a year...how does that improve the life of a poor man..? Perhaps they felt a poor don't have dreams,no matter how small.

Se gbadun 🙄

Our people really deserve what they are getting from this government!

One day bush meat go catch the hunter for Nigeria

It will only last for a moment, with this economy, 5k can buy any good thing, creat jobs, forget that una vote buying money

Is this a joke

Are you normal?

As a leader with a cruelty saying that 5000 is goes a long way for Nigeria. 5000 that cannot feed a family of 5 for a day talk less of other expenses

This people can be funny sha Who's gotten his or her 5k Coz I haven't gotten mine

Poverty that's killing your people in north.....🙄🙄🙄🙄

Instead of Eradication of poverty.. you choose to increase it for your people... 5000 goes a long way during the first republic... not this your awful time... EndBadGovernanceInNigeria FreeNigeria بےحِس_حکومت_کو_گھر_بھیجو

Before the 5k reach u sef them done cut am to 2k 😑

The 5k is not for those that come and comment online, it's for those who can't even afford a phone. If u live in an apartment and pay 150k a year this money is not for ur category.

Ma can you collect 5k as your salary If yes then you are right but if no you are wicked

Is not her fault? What is 5k in this present day Nigeria? Giving 5k to the 'poor' isn't enough but empowering them is what would take them away from being poor.

This is rubbish walahi

Shameless government. 5,000 is nothing now

No way, goes nowhere, dunno d kinda market you go plz stop giving us dz political arrangee

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 7. in NG

Nigeria Latest News, Nigeria Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Minister: It’s Elitist Thinking N5,000 Intervention can’t Lift Nigerians out of PovertyDeji Elumoye in Abuja The Minister of Humanitarian Services, Disaster Management and Social Development, Hajiya Sadiya Umar Farouk, has stressed that those who write off the present administration’… Wow Minimum wage only leaves people battling with poverty. How significant will 5000 intervention do considering the astronomical increase in prices of goods and services. It is a mirage. This assertion is totally&completely stupid, silly & idiocy indeed! Imagine,d hallowing experiences of poor Nigerians at a time like this. And,same is being further deepened by virtue of these disgruntled insensitive statements from pple,who should know better about it! Shameful
Source: THISDAY LIVE - 🏆 14. / 51 Read more »

Third Party Insurance: Motorists Lose Out On N1m Claims On N5,000 PremiumLow awareness on the benefits of N5,000 third party motor insurance policy has denied each of about motorists N1million third party claims, LEADERSHIP.
Source: LeadershipNGA - 🏆 4. / 77 Read more »

Delta LGC allegedly attempt to extort N5,000 from POS OperatorsThe Ethiope-East Local Government Council in Delta State have sent a demand notice with an attempt to extort five thousand naira from POS Operators in the
Source: DailyPostNGR - 🏆 11. / 59 Read more »

Panel blames COVID-19 as Bello adjusts N30,000 minimum wage - Punch NewspapersThe most widely read newspaper in Nigeria Ambition still unaccepted
Source: MobilePunch - 🏆 8. / 63 Read more »

Bello Approves Payment Of N30,000 Minimum Wage For Kogi WorkersKogi State Governor, Yahaya Bello, has approved the implementation of N30,000 as minimum wage for the workers in the state. The Secretary to the State Government, Folashade Arike Ayoade disclosed this on Tuesday after an extensive meeting with the organised labour in Lokoja. She blamed the delay in the implementation on the inability for … Continue reading Bello Approves Payment Of N30,000 Minimum Wage For Kogi Workers Has he cleared the backlog he is owing 😂😂 These politicians are so evil and sick When he has few months left to pack out 🤦🏿‍♂️
Source: channelstv - 🏆 7. / 63 Read more »

Kaduna Residents Groan As Black Marketers Sell Petrol At N1,000/LitreResidents of Kaduna groaned as black marketers sell the Premium Motor Spirit, popularly known as petrol for N1,000 per litre in the state. This is pure wickedness in the highest order,, government should do something about this fuel for once See greed and wickedness of Nigerians to Nigerians! Wicked souls!
Source: channelstv - 🏆 7. / 63 Read more »