Cash transfer scheme: Sharing N5,000 to indigent won’t end poverty – Peter Obi tells FG

A former Anambra State governor, Peter Obi, has faulted the Conditional Cash Transfer Programme of the Federal Government as it could not address the poverty in the country.

The sharing of N5,000 to indigent citizens, he noted, could not financially empower the beneficiaries or bring them out of poverty, adding that what Nigeria needed was a leader who could create and manage resources and not “a resources sharer.”

Speaking on the theme ‘Taking Responsibility, Making Nigeria Great,’ at the ‘This Generation Conference, 2018,’ organised by the Summit Bible Church in Abuja on Saturday, Obi urged the citizens to vote only competent leaders into office in 2019.

The businessman said about 60 per cent of the nation’s youths were unemployed, noting that giving N1m each to selected university graduates would be more impactful than doling out between N5,000 and N10,000 as was being done by the government.

“Incompetent leaders need to be removed for Nigeria to work; Investment in education is necessary but the nation is not doing that. Nigerian can only be great with leaders who have capacity.

“The government is sharing N5, 000 to some people, but this cannot bring them out of poverty. What we need is resources creator, resources manager, not resources sharer,” the former Governor insisted.


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