This is the worth of 1 STEEM DOLLAR to a Nigerian Youth.

in #budget7 years ago

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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.

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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

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Your upvote will help push this goal further

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Wow, that is really amazing. Steem is literally making the world a better place. How many entities can actually say that?

I can testify to this!!

You got my vote,
God bless you.
Your fight is our fight. There are many layers to what is happening in the world with regards potential for change and this is a huge one your are tackling. Well done.

Thanks a lot @thesimpson!
"Your fight is our fight"
That is motivating!!!

this is amazing!
Steemit can be used for so much good and truly change the lives of so many.

we take our privilege for granted as we sit in our homes on our laptops/computers, complaining about the weather being too hot/cold.

I can't possibly think to imagine what the lives of those poor youths must be like.

Thank you for sharing, this definitely deserves more attention. I have upvoted and resteemed this!

One suggestion is instead of saying the difference in N, quote a percentage increase to emphasise the true impact this could have on the youths!!

For example, instead of saying an increase of N57,000, you could say an increase of 317%

Thanks a lot for your comment, resteem and upvote @cryptoeater
There is so much that can be achieved with the steem blockchain.
I will effect the changes..

I'm going to support you in doing that!

I knew it would make a big difference in Nigeria to use Steemit but that just one SBD per day would nearl quadruple the minimum income is mind blowing! Good luck with your promotion.

Just 1SBD a day is enough!!
Thanks a lot for your comment!!

Steemit is a good deal... and i appreciate you for using it to save lives of others.. congrats

Thanks @samderick
God has been faithful

@emmyllionaire thank you very much for showing us what a SBD is worth where you are along with adding the tag budget for helping us see this project! @budgets sent 50 SBD in upvote bids to bots to help more of us see this post and to add funding for you to be able to promote more of your posts and upvote the new members on Steem!

I just heard about you from someone.
I'm a recent graduate and I'm thrilled by what you're doing while serving.
I believe you're raising people and you'll definitely be lifted

I really love what is possible with Steemit. I really hope it will grow and help more people with projects like yours. Sadly my upvote isn't worth much atm, but every bit helps, I hope :)

Thanks for stopping by.. Your upvote is much appreciated!!

Highly rEsteemed.
I love this kind of work. Thank you for sharing.
Looking forward to more.

Thanks @frankbacon
Your comment inspires us to do more!!

This platform is a game changer.. Im amazed..

True!
Thanks for your comment!