FG: 1 Million Nigerians To Receive N5,000 Monthly

1 Million Nigerians To Receive N5, 000 Monthly

To relax the anger of Nigerians over the increase in the price of petrol to N145 a litre, the Muhammadu Buhari administration has rolled out palliative measures running into half a trillion naira.

Listing some of the intervention programmes, Mr. Laolu Akande Senior Special Assistant to the Vice-President on Media and Publicity said, “The payment of N5,000 monthly to one million extremely poor Nigerians for 12 months for which N68.7bn has been budgeted for; soft loan for 1.76 million traders and artisans for which N140.3bn has been earmarked

“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.

“Electronic devices to empower youths technologically in their assignments.”

The Vice President’s spokesman also disclosed that N191.5bn has been set aside in the current budget for 100,000 artisans who would be trained.

“5.5 million Nigerian primary school children, starting first in 18 states, three per geopolitical zones-would be fed for 200 school days under the free Homegrown School Feeding Programme for with N93.1bn has been appropriated for.

“100,000 tertiary students in Science Technology Engineering and Mathematics and Education will benefit from the N5.8bn already provided for this education grant in the budget.”

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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