Thread by @dmightyangel

People on twitter & TV should stop displaying their ignorance by saying "N5,000" #CashTransfer by FG to the "poorest" is nothing..
Let me tell you how ignorant you are of what N5K business means in the locals..
This is not #SHIRTandTIE
@Mr_JAGs
@MaupeO
@channelstv
@akandeoj

https://twitter.com/dmightyangel/status/1015142115838513152

@Mr_JAGs @MaupeO @channelstv @akandeoj Let's start from the one you are familiar with on transit:
That guy will buy Bottle water, Gala, bottle drinks...All less than 5K.

Then sell multiple of that daily, make profit (say 2K)..
To you that's nothing to blow at Tantalizer...
To them, daily food and contribution is SET.

@Mr_JAGs @MaupeO @channelstv @akandeoj That woman selling roasted and boiled maize needs less than N5,000 #CashTransfer to set up that biz.
On your way, you will see fresh maize set, maybe 5 for N100.
They buy such, roast & sell one for N50, end up selling 5 for N250, make profit of N150 per set..Think of N5K on that

@Mr_JAGs @MaupeO @channelstv @akandeoj That woman selling rice & beans early in the morning at the junction:
one kongo of rice, one kongo of beans, ripe plantains, fish, Ponmo, Soup ingredients....Trust me, some started with 5K, make at least N3K profit after sales DAILY (I know what I'm saying o).
#5K #cashtransfer

@Mr_JAGs @MaupeO @channelstv @akandeoj That person at Oja-Oba in Akure selling Tomato didn't start with one basket o.
They simply started with as little as #5K team up with others to buy one basket. They go home with extra after eating for the day...From that point, they make contribution daily, then increase the deal

@Mr_JAGs @MaupeO @channelstv @akandeoj That woman at Bodija market didn't start with one complete pack of fish. Some are usually given opportunity to team up, buy together, divide it, then they sell and make individual profits. #5K #cashtransfer is more potent in their hands than N1B on twitter economist's hand. #fact

@Mr_JAGs @MaupeO @channelstv @akandeoj To you on twitter, N5K #cashtransfer won't alleviate poverty, to some of us in the locals, who have been involved in little ways (as in that little way), some families have jumped out of ABJECT poverty doing that.
Go out & try to set people up with N10K #5K in the locals & see!

Maryam Uwais, S.A to the President on Social Investment...This woman knows her onion, very articulate.....👏👏👏👏👏

@Mr_JAGs @MaupeO @channelstv @akandeoj This old woman right in that video had all her "company" in her head....& everything is N500 (Five hundred Naira)...
But you are on twitter questioning what #CashTransfer of N5K by PMB led admin will do to the poorest among us?
You are arrogantly wicked..

https://twitter.com/OmoGbajaBiamila/status/1022509189766279168

Hi @threadreaderapp have you #Unroll this? ☝☝☝☝