The Senior Special Assistant on Media in the Office of the Vice President, Adeolu Akande, on Sunday revealed that one million extremely poor Nigerians would be direct beneficiaries of the N5,000 monthly cash transfer.

A statement by Akande disclosed that a total of N60 billion would be directly transferred to one million extremely poor Nigerians in accordance to President Muhammadu Buhari’s vision of building human capital.

The payment which is to commence once the budget is approved by the National Assembly, is in addition to another five social interventions that include the provision of one meal a day to school pupils in some selected states.

He revealed that other elements of the social intervention scheme, include the 500,000 direct jobs, which will see unemployed graduates being trained and deployed as volunteer teachers in their communities.

According to Akande, the current government is putting together a youth employment plan which will see the training of 370,000 non-graduates youths in different skills and vocational programmes.

Akande said, “The recruitment of beneficiaries into the volunteer teaching jobs and the skill acquisition training scheme for non-graduates would be done on state basis, including the FCT and opened to all Nigerians of different shades.”

He also disclosed that one million Nigerians, mostly small scale traders, artisans and market women, through micro finance would get a one-time soft loan of N60,000 each through the Bank of Industry.

Akande also revealed that the current administration plans to pay tuition fee for 100,000 students of Science, Technology, Engineering and Mathematics, STEM.


http://dailypost.ng/2016/02/08/n500bn-social-welfare-1million-poor-nigerians-to-get-n5000-directly-presidency/

The Senior Special Assistant on Media in the Office of the Vice President, Adeolu Akande, on Sunday revealed that one million extremely poor Nigerians would be direct beneficiaries of the N5,000 monthly cash transfer.


Change is truly here.

It will be good if they can monitor it.

How would they differentiate between poor and rich?

Good question bro..lets wait and see

OnankpaBa:
How would they differentiate between poor and rich?

enjoying from free things rust mind

chai....i can't wait

Waste and other opportunity to loot. Was it 1 million that voted u into power?

How do you know who the poor are?

Why didn't u collect N50 from only 1 million Nigerians. This govt is worse than jonathan's .

Chai! N5k?............................Wetin be that?



And by the way how does an "extremely poor nigerian look?" Must they have no teeth? Must they be _naked? Must they survive on only oxygen? Or must they be living under a bridge to qualify or what?



Meanwhile I know "something fishy" will happen during the transfer of the cash as always! No be naija again?

mekaboy:
Waste and other opportunity to loot. Was it 1 million that voted u into power?

How do you know who the poor are?

Why didn't u collect N50 from only 1 million Nigerians. This govt is worse than jonathan's .

You need orientation

i dont think so sir

mekaboy:
Waste and other opportunity to loot. Was it 1 million that voted u into power?

How do you know who the poor are?

Why didn't u collect N50 from only 1 million Nigerians. This govt is worse than jonathan's .

okay sir

DONSMITH123:

Good question bro..lets wait and see

wailer spotted. Must you wail in all conditions? may God change your story.

mekaboy:
Waste and other opportunity to loot. Was it 1 million that voted u into power?

How do you know who the poor are?

Why didn't u collect N50 from only 1 million Nigerians. This govt is worse than jonathan's .

When it comes to this, nothing like rust my guy. Its your entitlement.

9jii:
enjoying from free things rust mind

As if they will monitor it. One person will do away with it.

seriously speaking.

Flexherbal:
It will be good if they can monitor it.

dancing shoki

A father Christmas approach isn't the best. Osun state towed a similar path and is struggling to keep it up. Why waste N500B on a scheme where 80%(N400B) of that money will end up in stomach or foreign land.
If, for example, that money is injected in construction of houses alone,
(1) it can bring a long lasting solution to a problem - housing,
(2) it will employ Nigerians and ultimately pass some N400B ( 80% ) to them as earnings,
(3) it will help check initial capital flight situation whereby the money paid directly to people will come to them as easy money and almost certainly be spent on foreign goods whereas workers earning it will most likely use it for locally produced goods like food and shelter. The Buhari team should avoid the temptation to appeal enmass to some section of the population and aim for project that is mutually appealing to the masses and our economic predicament.

Now this is the kind of news Nigerians want to be hearing from the government,not news of buhari travelling all over the world.
The training programme is a wonderful idea and concept and it will greatly reduce the unemployment rate in the country. The only grey area is the 5000 naira to be given to poor people . This is a bad idea. The money should be channeled to other areas like construction of road and etc,if not the larger chunk of it will end up in the coffers of politicians

Nigeria is working on paper for now

see them

iheanyiebeneze:
Nigeria is working on paper for now

Another 5k scam?

Im gonna tweet @Mbuhari my acct number first

k

Ok

Sai Buhari.....

Wailers Sef, O Ya Come & Wail joor. Carry your wailing bowl.
The truth has spoken!

Same Old Poo

I will believe it when I see it in operation.