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Buhari Unveils N.5 Trillion Economic Palliative Package - Politics - Nairaland

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Buhari Unveils N.5 Trillion Economic Palliative Package by simongonner: 9:44pm On May 15, 2016
T he Federal Government has unveiled a social
investment package designed to impact on the
lives of over eight million Nigerians. This was
disclosed on Sunday by Dr. Laolu Akande,
Senior Special Assistant (Media and Publicity)
to the President, during an interactive session
with journalists in Abuja. Akande explained
that some parts of this package would become
operational in the coming weeks.
One of the highlights of the package, said
Akande, is the feeding of 5.5 million school
children, who are to be fed for 200 school
days in the first phase of homegrown school
feeding programme for which N93.1billion
was budgeted.
Another element of the package is the
proposed provision of soft loans to over 1.76
million traders, market women, men, artisans
and those involved in agriculture. The loans,
he explained, will not require to be
conventionally collateralized. Some traders, he
said, may get about N60,000. A total sum of
N140.3billion has already been appropriated
for this in the budget.
Also, one hundred thousand artisans are to be
trained in a programme for which N191.5
billion has been budgeted.
Also, one million desperately poor and
vulnerable Nigerians are to be paid N60,000
stipend this year in a monthly installment of
N5000.
Five hundred thousand unemployed graduates,
the presidential aide added, will be paid
between N23,000 to N30,000 per month. They
will be trained and deployed to work as
volunteer teachers, public health officers, and
extension service workers among other
responsibilities.
Beneficiaries of the scheme will also be given
electronic devices to empower them
technologically both for their assignments and
beyond.
In tertiary institutions, 100,000 tertiary
students in Science Technology Engineering &
Mathematics (STEM) and Education, Akande
further disclosed, will benefit from education
grants for which N5.8billion has been already
provided for in the budget. This payment, he
added, will be directly made to the students.
"When added together this year alone, more
than 8 million Nigerians would be benefiting
from the Social Investment budget.
"Long before now, the Presidency has made
adequate arrangements in the 2016 budget to
ensure that Nigerians are lifted from poverty
and hardship," said Akande, who operates
from the Vice President's office.
He added that jobs would be created by the
launch of fresh infrastructural projects and
restoration of existing ones.
"The Buhari presidency is keen to ensure that
Nigerians are lifted and that if necessary, on
an ongoing basis, palliative measures would
always be considered to address the
conditions of the people," he declared. http://saharareporters.com/2016/05/15/buhari-unveils-n5-trillion-economic-palliative-package-

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Re: Buhari Unveils N.5 Trillion Economic Palliative Package by Flexherbal(m): 9:46pm On May 15, 2016
We need actions not words. So much have been said already.

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Re: Buhari Unveils N.5 Trillion Economic Palliative Package by Mynd44: 10:05pm On May 15, 2016
Re: Buhari Unveils N.5 Trillion Economic Palliative Package by micfoley: 10:08pm On May 15, 2016
Obviously, this should have been implemented before increasing pms price

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Re: Buhari Unveils N.5 Trillion Economic Palliative Package by Freegift75: 10:23pm On May 15, 2016
Time to silence the NLC mouth. Buhari - a surprise
maker. Always giving the wailers serious aching.
The numskull NLC should negotiate for minimum wage and not strike.

For intelligent readers, you will discuver that Buhari
has made provision for increament of minimum wage. He proposes N23k to N30K. Check out the article well.

Five hundred thousand unemployed
graduates, the presidential aide added,
will be paid between N23,000 to N30,000
per month. They will be trained and
deployed to work as volunteer teachers,
public health officers, and extension
service workers among other
responsibilities.
NLC should wake up
Re: Buhari Unveils N.5 Trillion Economic Palliative Package by Goddex: 10:30pm On May 15, 2016
as
Re: Buhari Unveils N.5 Trillion Economic Palliative Package by tuniski: 10:45pm On May 15, 2016
Freegift75:
Time to silence the NLC mouth. Buhari - a surprise
maker. Always giving the wailers serious aching.
The numskull NLC should negotiate for minimum wage and not strike.

For intelligent readers, you will discuver that Buhari
has made provision for increament of minimum wage. He proposes N23k to N30K. Check out the article well.

Five hundred thousand unemployed
graduates, the presidential aide added,
will be paid between N23,000 to N30,000
per month. They will be trained and
deployed to work as volunteer teachers,
public health officers, and extension
service workers among other
responsibilities.
NLC should wake up
Zombies lack brain! This yeye palliative have always been their budget propaganda like forever. We are talking about this punitive pump price hike they are trying to gimmick citizens. Well thank God only zombies will fall for this crap!

1 Like

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