Payment Of N5,000 Allowance To Unemployed Youths Unrealistic – Lawmaker
A member of the House of
Representatives, Hon. Sergius Ogun
(PDP, Edo) has described as unrealistic,
the campaign promise of the sum of
N5,000 to unemployed youths by the
ruling All Progressives Congress (APC),
saying that the plan would not be
realisable going by the current
economic situation of the country.
Speaking with journalists in Abuja at
the weekend, the lawmaker advised
that if the Federal Government
possesses such funds to pay
unemployed graduates, it should
rather be channelled to agriculture
to create more jobs.
“When I multiplied 25 million
people, unemployed young people by
N5,000, the money ran into billions
and I was asking myself that if we
don’t have enough money to fund
our budget, so where are we going to
get money to fund it (N5,000
promise).
“Are we trying to imitate Europe or
even the western world? They have a
system in Europe to check fraudsters
and I am sorry to say this, the people
that destroyed the system in Europe
are Nigerians, people from the third
world,” Ogun said.
According to him, there are other
policies the Federal Government can
implement to tackle unemployment
in the country rather than promising
the sum of N5,000 allowance to
unemployed youths as a for of social
security.
“So, I don’t think it is a policy that
we should pursue, I don’t think we
can afford it and even if I can see
the beginning, I don’t see the
termination date. But I do wish the
government well,” he added.
When asked to comment on the
controversy surrounding the
implementation of the Treasury
Single Account (TSA), he said: “The
TSA was a laudable attempt to curb
leakages and as enshrined in the
1999 Constitution as amended,
Section 162 says that clearly that all
funds must go to the Federation
Account.”
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