“This is especially when regard to similar experiences in the past, especially under the immediate past administration of President Muhammadu Buhari.
“As it is today, money-sharing policies have become poverty-activating rather than poverty-alleviating and thus have inconsequential impacts on the lives of the citizenry.
“Under Buhari’s leadership, public funds were grossly mis-managed in the name of palliatives.
“It was in Nigeria that hundreds of billions of naira were said to have been used to feed school children, even when schools were under lock and key following lockdown restrictions improved as part of measures to halt spread of the COVID-19 pandemic in 2020.
“Then there was the TraderMoni show of shame.
No empirical means of identifying the amongst Nigerians
“Meanwhile, in Nigeria, there’s hardly any empirical means of identifying the poor or the needy amongst Nigerians.
“It is common knowledge, that more often than not, in the past, jobs and facilities intended for the poor and the needy had ended up being grabbed by politicians to be shared to their relatives and cronies.
“The various large chunk of the public funds appropriated for the so-called “conditional cash transfer” programme under the Buhari administration has not been properly accounted for, thus putting into serious doubt the credibility, transparency and equity of the process.
“This being the case, it is important that President Tinubu should know that Nigerians depend on him and trust his judgment to ensure that the funds saved from subsidy removal do not end up in private pockets under the guise of some nebulous and opaque social security programme whose effect on the average suffering Nigerian cannot be felt or guaranteed.
President should reconsider policy
“There is therefore an urgent need for Mr. President to re-consider the policy especially with a view to re- directing all funds saved from subsidy removal towards provision of such social amenities as are sure to have direct positive impact on the lives of average Nigerians.
“This should be instead of appropriating funds for bogus programmes and audio projects thus making such appropriated funds susceptible to misapplication and misappropriation.
‘Mr. President, we trust you to spend public funds wisely.as there is no longer any margin for errors.
‘As things stand, looking at the reality on ground and judging from past experiences, there is hardly any credible evidence that your proposed money-sharing project of N8,000 per family for six months for 12 million Nigerian families wouldn’t turn out as one of those bogus, impact-less projects.
“We, therefore, respectfully urge you, Mr President to consider shelving any policy that would not directly or indirectly impact positively on the lives and standard of living of ordinary Nigerians.
Concentrate of internal refining capacity of crude oil
“We expect Mr. President to concentrate on how to boost the internal refining capacity of crude oil, introducing tax reliefs in the oil industry etc, with the ultimate aim of bringing down the cost of fuel within a couple of months.
“Nigerians are presently living above their incomes due to the indecent high cost of fuel.