To cushion the harsh effect of the new pump price of Premium Motor Spirt, PMS also called petrol on the people, the presidency is set to implement the N500 billion earmarked in the 2016 budget for social welfare.
A statement by the media spokesperson for Vice President Yemi Osinabjo, Mr. Laolu Akande in Abuja on Sunday stated “All together the federal government would be directly impacting the lives of more than 8 million Nigerians in different social investment 2016 budget spending that would provide succor and be a ready-made palliative to ordinary Nigerians.”
Giving a breakdown of the interventions and palliatives, Akande said that said that there would “the direct payment of N5000 monthly to one million extremely poor Nigerians for 12 months as provided for in the 2016 budget for which N$68.7B has been appropriated.”
Similarly, the government has also made available a “direct provision of very soft loan -cash for market women, men and traders, including artisans and Agric workers.
This would be for a total of 1.76m Nigerians, without the requirement for conventional collateral. Some of the traders will likely get about N60,000.
A total sum of N140.3B has already been appropriated for this in the budget”. The details also showed their there would be “payment of between N23,000 to N30,000 per month to 500,000 unemployed graduates who would be trained, paid and deployed to work as volunteer teachers, public health officers and extension service workers among other responsibilities.
They would also be given electronic devices to empower them technologically both for their assignments and beyond”.
According to the media aide, “100,000 artisans would also be trained and paid N191.5B has been set aside for this in the passed budget.” He also said that “At least 5.5 million Nigerian primary school children -ie starting first in 18 states-three per geopolitical zones-would be fed for 200 school days under the free Homegrown School Feeding Programme”, as “N93.1B has been appropriated for this in the 2016 budget.”
In this same vein “100,000 tertiary students in Science Technology Engineering & Maths-STEM, plus Education will partake in the N5.8B already provided for this education grant in the budget. Akande stated that “This payment would also be paid directly to the students.”
He stated that these measures that would start in a matter of weeks would certainly lift the ordinary man from the pangs of economic hardship and poverty. “Long before now, the Presidency has made adequate arrangements in the 2016 budget to ensure that Nigerians are lifted from poverty and hardship,” Akande said, adding that “the Buhari presidency is keen to ensure that Nigerians are lifted and that if necessary on an ongoing basis palliatives measures would always been considered to address the conditions of the people.” Click to signup for FREE news updates, latest information and hottest gists everyday
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What the percent age of 1 million to about 175 million Nigerian. A ni una wan pay money to APC thugs and politicians in the name of palliatives. This is simply mocking Nigerians.Adding insult to injury.Na now corruption wan wear sokoto and Babariga. This is what APC Govt will continue to do for the next 3years.. Nigeria is in trouble.serious one.So in a state they pay 5000 to how many? And they call it palliative. This is clearly political 419 taken too far with some tint of trial and error. This APC Govt lacks what it takes to lead any nation. Nigerians. Sorry oooo! Chanji dole!
ReplyDeleteIs it the entire 170 million people in Nigeria that are extremely poor? Your mumu na 1st grade brother.
DeleteStill there are so much ground to be covered...still over 170 million lives still remain untouched.Well,as events are unfolding...
ReplyDeleteTHIS IS A CONFUSED GOVERNMENT I HAVE NEVER SEEN IN HISTORY
ReplyDeleteIt is true that this government is clueless.wat abt the people working that can no longer transport themselves to work or can 5k do anything in Nigeria nw?
ReplyDeleteMore stories and distractions. Also, these measures have nothing to do with the price of petrol. Calling them "ready made palliatives" is deceitful. This VP is really crafty.
ReplyDeleteWhy do we always think negative side of everything! Let's think positive for once, buhari is telling the country have no reason to be poor that we can do better than this. All he just need is cooperation from everyone to achieve this.
ReplyDeleteHow do they arrive on a decision of who is desperately poor. I am desperately poor, I have no job! Have they commenced registration of the desperately poor? What are the parameters?
DeleteThat's why we say the government is cluelessly clueless. APC - Always Practically Clueless.
ReplyDeleteThis is a full scam,how can 5k * 1m =68.7b?how can it cushion the effect of fuel hike?those who should originally benefit from this do not even have anything to do with fuel but on foods only which everyone would bear the brunt.only Hod will help us to deliver the country.
ReplyDelete