How will 1 SBD change the life of a Nigerian Youth.. I am about to show you!
Currently, 1SBD is exchanged between N2,000 to N3,000 in the local Nigerian currency (Naira). For the purpose of this write up, I will take the average and peg it at N2,500.
What is the value of 1 STEEM DOLLAR daily to a Nigerian youth?
What effect will this amount have on the average Nigerian youth?
If every Nigerian youth earns N2,500 daily, he will make N17,500 weekly and N75,000 monthly in a 30 day month.
Let me show you how big this is!
The current minimum wage in Nigeria, applicable from 2011, is N 18,000/- per month, exclusive of all deductions except those specified by the law (such as income tax and pension contribution). In kind payment is also allowed if prescribed by the law or collective agreement or arbitration award.
Source
If a youth earns 1SBD daily,he earns N75,000 monthly, this is a N57,000 increase and difference in the stipulated minimum wage..
A Nigerian Youth Corps Members earns an allowance of N19,800 monthly from the federal government. If a youth earns 1SBD daily,he earns N75,000 monthly, this is a N55,200 increase and difference in the the monthly allowance.
The N-power program of the federal government pays N30,000 monthly. 1 SBD a day gives a N45,000 difference!!
The unemployment level in Nigeria is one of the highest in the world, it is estimated that over 30 million Nigerian youths are unemployed!!
"Youth Unemployment Rate in Nigeria increased to 33.10 percent in the third quarter of 2017 from 29.50 percent in the second quarter of 2017. Youth Unemployment Rate in Nigeria averaged 21.73 percent from 2014 until 2017, reaching an all time high of 33.10 percent in the third quarter of 2017 and a record low of 11.70 percent in the fourth quarter of 2014."
Source
This unemployment has led to the following problems
1. Increase in social unrest
2. Increased militancy
3. Oil Bunkering
4. Terrorism
5. Addictive gambling
6. Youths being used as political tools.
But..
With 1 steem dollar a day for an average Nigerian Youth, the tides will change.. There will be
1. Financial independence
2. Healthier society
3. Peace
4. Growth and development
5. Reduced crime and terrorism
#SteemVangelism is aimed at promoting steemit to youths with a focus on youth corps members who will in turn train other youths. The objective is for every youth to earn a minimum 1SBD daily for the benefit of themselves, their families and the nation.
Already.. I have spoken to a cumulative 500 youths on the steem blockchain and Steemit generally
Your upvote will help push this goal further
