Group Advocates National Basic Income Scheme For the Unemployed | Independent Newspapers Limited
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Group Advocates National Basic Income Scheme For the Unemployed

Posted: Jun 7, 2015 at 5:18 am   /   by   /   comments (0)

By Nedum Noble  Abuja

As Nigeria joins the rest of the world to celebrate the World Environmental Day, the Federal Government has been urged to adopt a National Basic Income Scheme (NaBIS) for the teeming unemployed youths in the country targeted at reducing social disparity and income inequalities. 

The Executive Director, Environmental Rights Action(ERA)/ Friends of the Earth Nigeria(FoEN), Dr. Godwin Ojo stated this in Abuja at a conference tagged ‘Environmental Sustainability: Agenda for National Development”.

He said the scheme which will include the payment of about N10,000 to all unemployed Nigerians, would cushion the meager earnings of the poor and provide certain safety valves in desperate times.

“We urge Mr. President to adopt NaBIS which has the prospects of unlocking creative potentials, reducing crime rates and fostering national cohesion and sense of belonging to this group of Nigerians desperately in need of succor” he stated.

Insisting that a social security fund for the unemployed is long overdue, Ojo noted that apart from a statutory allocation to a NaBIS fund that will deemphasize individual security, Nigerians with monthly earning of N500,000 and above will be too willing to contribute 1% of their earning to the fund.

He described the slogan for the year’s celebration ‘Seven Billion Dreams, One Planet Consume with Care’ as relevant to the Nigerian context, adding that it can only be seen from the paradox of poverty in the midst of plenty for the poor management and allocation of the nation’s resources.

On the Climate Change Commission bill, the Executive Director observed that the present government pledge to focus attention on climate change can only be attainable with a strong institutional base to drive the process, expressing fears that climate change will stunt economic development if not addressed urgently.