Nigeria has just launched itself into a long promised experiment in poverty alleviation in that country. At times the suggestion has been for a universal or unconditional basic income and that is neither of these. It is also most undoubtedly a basic income at N 5,000 a month (say, among friends, $15 US or so). It appears to have more to do with some of the Latin American conditional incomes rather than the dreams of people like me who hunger for that universal and unconditional model. But then given Nigeria’s budget constraints it may well be all the better […]
Full Post at www.forbes.com