Over eight million Nigerians will benefit from the programmes scheduled to begin in a matter of weeks.
Highlights of the palliatives are:
- 5.5 million school children to be fed for 200 school days in first phase of homegrown school feeding programme
- Over 1.6 million Nigerian traders, market women, men, artisans to receive loans.
- 1 million extremely poor and vulnerable Nigerians to receive N60,000 this year in 12 months payments of N5000 each.
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.
This disclosure was made last night by the Senior Special Assistant for Media & Publicity to the President, Mr. Laolu Akande, in an interaction with the press in Abuja.
He gave new details and a breakdown of the interventions and palliatives, some of which he said would be starting in a matter of weeks thus:
- 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.
- the 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,
3*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
-similarly 100,000 artisans would also be trained and paid
N191.5B has been set aside for this in the passed budget.
-They would also be given electronic devices to empower them technologically both for their assignments and beyond
-similarly 100,000 artisans would also be trained and paid
N191.5B has been set aside for this in the passed budget.
4. 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. N93.1B has been appropriated for this in the 2016 budget.
5. 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. This payment would also be paid directly to the students.
When added together this year alone, more than 8 million Nigerians would be benefiting from the Social Investment budget.
Akande who works from the Office of the Vice President said the N500B social investement programmes of the Buhari administration is a ready made palliative to lift Nigerians from poverty and economic hardship.
“Long before now the Presidency has made adequate arrangements in the 2016 budget to ensure that Nigerians are lifted from poverty and hardship,” the spokesperson stated.
This will not only assuage the current pains arising from the new fuel pricing regime, but will provide ongoing social safety nets for over 8 million Nigerians this year alone, according to Akande.
He added that this is beside the jobs that would be created by the infrastructural projects that would be restored and the new ones that would soon be taking off.
Said he: “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.”
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It is all scam again. We refuse to entre another One-Chance which we voluntarily entred before. Heartless Government.
ReplyDeleteWe accept that it is one chance, why not wait and see what happens? Or are you in Togo? You don't know budget implementation has begun? Wailers can neva know sha
DeleteWait for what? Jonathan rolled out buses which we never saw the impact of. Now it is money. Is this amount not enough to build more refineries in Nigeria and end this mess? This Govt should be more serious.
DeleteCriminals! Who are the extremely poor and vulnerable Nigerians? I believe all the almajiris in Kano, Kaduna,Katsina, Jigawa,Zamfara, Bornu, Bauchi, Kebbi, Sokoto, Yobe and other northern states will be the beneficiaries. Idiots!
ReplyDeleteDo they think this is d best way to solve nigeria problems? Wot can #5000 buy in a month whereas most of these idiots we called our leader spends more dan #50,000 per single meal.Do u even knw the population of unempolyed graduate we av in dis country?do u even hav the idea of hw much dey painstakingly paid to achieved this half done thing u called education?now u want to be paying dem (5% of dem) #23,000 abi, we almost everything has becom very expensive in d market,u think by giving scholl children meal is d best solution to conquer hunger, wot of dose ones at home? Do u knw how much dey are selling one derica of rice , beans and garri in d market? Instead of making things cheap and affordable for the maSses, stop scamming us, abeg think of another possible way out of this poverty, u can't feed us, feeding sch children is not d best solution, make food stuff and other consumable items cheaper so dat we can afford dem in d market wit d little hard earned money we have.
ReplyDeleteThe money is not meant for you... Ask that woman that sell cold drinks on the traffic.. Ask those that sell fruites... Ask those boys that sells on the road and they will tell you how long 5000 can go.
DeleteNow that you've tell us how unrealistic it is.. You are not seeing anything good about it.. Can you now tell us the best solution that us not provided for in the budget... Cos nah only to criticize una sabi... Solution no dey una head
DeleteAll na wash! Who will ensure that this resources are equitably distributed across the zones??
ReplyDeleteDnt worry about that... With your eyes you will see it
DeleteClearly you are not been objective, you don't roll out welfare programs without putting other things in place, besides they should tell us the criteria for choosing those who will benefit.
DeleteWhat are the criteria for determining who's privileged and not? Nigeria does not have a true census, no true data, how do you go about sharing this so-called manna from Abuja? Before you can wink it'll all be over. When they start sharing, we'll see the sharing formula. Hope the sharing formula for fed. ministerial positions won't be used!!!!
DeleteHow will the sharing be coordinated to avoid embezzlement again?
ReplyDeleteHow on earth can you really as a Federal Govt determine who is poor enough to get this money? How do you share it? this is a stupid plan. It will no economic impact at all, if you want to give away money to stimulate the nation's economy you give in exchange for something, like less taxes will improve the ability to invest, Paying for some services actually performed is also value added, even some social security like free health care creates jobs, or if our government even provides some free canteens for the poor to eat one meal a day, it provides jobs to cooks, waiters and income to farmers. This idea in this article is just plain dumb.
ReplyDeleteHe is giving them money for black market biz cuase the price of pms has just reached the peak.
ReplyDeleteSome people just talk as if their brains have travelled to Australia. Do u know the population of the unemployed youths in this jungle as against the one-million thing? How do we even identify who and who not to give? I believe People like Fashola, Amaechi,Garba e.t.c will be among the less privileged. Stupid and parochia plan by uncordinated cordinators.
ReplyDeleteit is clear now that the Govt has decided to make a good way of spending our money without auditing. how do you decide who to give and who not to give. has the govt been able to take statistics of unemployed graduates in this nation? why do we keep importing petrol? why cant we build our own refineries which will in-turn create jobs for the youths? oh i get it, politics of interest of where to build the refineries, WELL I AM JUST TRYING TO MAKE COMMON SENSE!!!
ReplyDelete@El Matosky,kindly mind your language and be mindful of what you write.All this hatred why?if you hate what PMB is doing must you insult all the Northeners?and we thank God dat we are extremely poor and vulnerable,how about you,what are you?weda any one one likes PMB or not InshaAllah his govt will succeed and Nigeria will be great again
ReplyDeletePMB needs commendation and not condemnation pls...
Nonsense!
DeleteCyber warrior..or wht will happen? If he didn't mind his words? Ur tyrant PMB will send Dss or Sss to arest him? Rubbish! Keep fighting everyone on social media. Fighting for clueless govt full of lies and deceit. Keep suffering and smiling. Time shall tell.
DeleteHaaa..avenue to enrich some jobless politicians that will take up the project of sharing the money..soon they will create a ministry to handle the project and appoint ministers...lol, money will be diverted n looted...corruption continues... ndi ara without agenda dt will move d country forward. We are waiting oh..cos I follow for unemployed youths.
Delete