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Fuel Subsidy: 1 Million Nigerians To Receive N5,000 Monthly - Politics - Nairaland

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Fuel Subsidy Return: There Is A Bigger Fraud Being Perpetrated - Saraki / Crude Oil Is $59 And We Are Paying N2.25 Billion For Subsidy. 1 trillion 1year / REVEALED: 1 Million Nigerians Set To Receive N5,000 Monthly (2) (3) (4)

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Fuel Subsidy: 1 Million Nigerians To Receive N5,000 Monthly by DExplorer1: 9:01pm On May 16, 2016


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

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:

1.*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.
2*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.
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.”

http://www.pmnewsnigeria.com/2016/05/15/1-million-nigerians-to-receive-n5000-monthly/

**********************************************************************************************
Nigerians should put their ears to the ground as these programmes are executed. We are under a more sincere government than ever.

34 Likes 5 Shares

Re: Fuel Subsidy: 1 Million Nigerians To Receive N5,000 Monthly by mira4u: 9:06pm On May 16, 2016
grin lol later they will say he is not corrupt. See indirect bribe.

122 Likes 8 Shares

Re: Fuel Subsidy: 1 Million Nigerians To Receive N5,000 Monthly by chiefolododo(m): 9:12pm On May 16, 2016
Which criterion are they going to use to select the 1m extremely poor Nigerians? Na their friends and families dey go still put, besides how about the other extremely poor Nigerians?

152 Likes 9 Shares

Re: Fuel Subsidy: 1 Million Nigerians To Receive N5,000 Monthly by Timolanki(m): 9:19pm On May 16, 2016
For some zombies, gullible Nigerians n buhari play toys that will engulf this trash hook, line and sinker, i pity u.

Believe whatever APC (All Promises Cancelled) tells u at ur own peril.

117 Likes 9 Shares

Re: Fuel Subsidy: 1 Million Nigerians To Receive N5,000 Monthly by Nobody: 9:22pm On May 16, 2016
If all these are fully implemented, then indeed this admin is right on point. N500b for social intervention with well laid-out plans? Haba! PMB God bless u abundantly.

If u get pained or sad and frustrated by this post, then u need deliverance by 77 T.B Joshuas.

Let's see how it all plays out. I'm 95% confident that we won't hear that billions meant for this scheme will be squandered. That is d advantage of PMB over d 'heroic' IB.
I pray NLC sees reasons with d FG and doesn't go on strike. In d long run, Nigerians won't regret voting this man.

Wailers, IPOB touts and anti-buharians, better be attentive o so that d teaching jobs for 500,000 unemployed youths won't pass u by.

Lest I forget, what about civil servants?

82 Likes 5 Shares

Re: Fuel Subsidy: 1 Million Nigerians To Receive N5,000 Monthly by Nobody: 9:35pm On May 16, 2016
Timolanki:
For some zombies, gullible Nigerias n buhari play toys that will engulf this trash hook, line and sinker, i pity u.

Believe whatever APC (All Promises Cancelled) tells u at ur own peril.

Don't worry one of those jobs/palliatives will meet u in d name of whatever God u believe in. Say Amen and receive sense.

49 Likes 3 Shares

Re: Fuel Subsidy: 1 Million Nigerians To Receive N5,000 Monthly by Firefire(m): 9:40pm On May 16, 2016
sad

3 Likes

Re: Fuel Subsidy: 1 Million Nigerians To Receive N5,000 Monthly by STFUand4kMeHARD(m): 9:40pm On May 16, 2016
grin

1 Like 1 Share

Re: Fuel Subsidy: 1 Million Nigerians To Receive N5,000 Monthly by Nobody: 9:40pm On May 16, 2016
You want my opinion.....I don't think that Government should be giving people loans and grants right now....because we cannot afford it.

Sorry....I know people would hate me, and I have already been shouted at for saying this....but right now....Nigeria cannot afford mass welfare projects with oil prices at $50 per barrel.....when we were having issues with such projects at over $100 per barrel.

(And I have even more bad news.....oil is going to keep going down. The $100 barrel era is over.).

For me, there is only one way out of this. Telling Nigerians the honest truth....we do not have enough money right now....and we need to spend money on becoming a self sufficient nation.....by improving power, roads, rail and education....so that we can no longer be affected by sudden drops in the oil price.We may go through some austerity....but it would be worth it at the end.

So sorry.....but APC and every other party should be thinking about saving money. Awoof government is forty years out of date. Time we became a serious manufacturing power...the hard way.

85 Likes 12 Shares

Re: Fuel Subsidy: 1 Million Nigerians To Receive N5,000 Monthly by Dahkogrin007(m): 9:40pm On May 16, 2016
Though APC govt might fail us... I knw "Gala" will not fail us.... Gala was 50naira b4 election and stil 50naira after election













InGalaWeTrust

141 Likes 7 Shares

Re: Fuel Subsidy: 1 Million Nigerians To Receive N5,000 Monthly by mankan2k7(m): 9:40pm On May 16, 2016
q

1 Like

Re: Fuel Subsidy: 1 Million Nigerians To Receive N5,000 Monthly by AmazonKindle: 9:41pm On May 16, 2016
h
Re: Fuel Subsidy: 1 Million Nigerians To Receive N5,000 Monthly by CR77(f): 9:41pm On May 16, 2016
Hmmm cool

16 Likes 2 Shares

Re: Fuel Subsidy: 1 Million Nigerians To Receive N5,000 Monthly by buccal(m): 9:41pm On May 16, 2016
Seems they have forgotten Nigeria has a population of over 170 million, wldnt even get anywhere.
Those corrupt officials have now found a means to embezzle public funds.
Naija which way?

43 Likes 3 Shares

Re: Fuel Subsidy: 1 Million Nigerians To Receive N5,000 Monthly by OLUJOSHINS(m): 9:41pm On May 16, 2016
grin so now, its either we forget Ur promises or we forget fuel subsidy.

SMH



but for the salary increment U are introducing, I would have labeled U "A NATIONAL MISTAKE"

1 Like

Re: Fuel Subsidy: 1 Million Nigerians To Receive N5,000 Monthly by vickertony(m): 9:42pm On May 16, 2016
......
Re: Fuel Subsidy: 1 Million Nigerians To Receive N5,000 Monthly by banme1(m): 9:42pm On May 16, 2016
Wealthgang:
If all these are fully implemented, then indeed this admin is right on point. N500b for social intervention with well laid-out plans? Haba! PMB God bless u abundantly.

If u get pained or sad and frustrated by this post, then u need deliverance by 77 T.B Joshuas.

Let's see how it all plays out. I'm 95% confident that we won't hear that billions meant for this scheme will be squandered. That is d advantage of PMB over d 'heroic' IB.
I pray NLC sees reasons with d FG and doesn't go on strike. In d long run, Nigerians won't regret voting this man.

Wailers, IPOB touts and anti-buharians, better be attentive o so that d teaching jobs for 500,000 unemployed youths won't pass u by.

Lest I forget, what about civil servants?
chief zombie. Federal republic of gullible citizen.

89 Likes 5 Shares

Re: Fuel Subsidy: 1 Million Nigerians To Receive N5,000 Monthly by repogirl(f): 9:42pm On May 16, 2016
Yeah right!

They have reeled out another set of campaign promises that will enter voice mail soon.

Zombies be like.….....

71 Likes 6 Shares

Re: Fuel Subsidy: 1 Million Nigerians To Receive N5,000 Monthly by Leke001: 9:43pm On May 16, 2016
hmmn!
Re: Fuel Subsidy: 1 Million Nigerians To Receive N5,000 Monthly by Nobody: 9:43pm On May 16, 2016
Stories for babalawo

15 Likes 2 Shares

Re: Fuel Subsidy: 1 Million Nigerians To Receive N5,000 Monthly by Nobody: 9:44pm On May 16, 2016
banme1:
chief zombie. Federal republic of gullible citizen.

For this one mind I wan follow am exchange words online. Smh.

11 Likes 2 Shares

Re: Fuel Subsidy: 1 Million Nigerians To Receive N5,000 Monthly by paparazy06(m): 9:44pm On May 16, 2016
It will be hard for me to believe dis aftr so mamy lies

18 Likes 2 Shares

Re: Fuel Subsidy: 1 Million Nigerians To Receive N5,000 Monthly by Stemkay: 9:44pm On May 16, 2016
.
Re: Fuel Subsidy: 1 Million Nigerians To Receive N5,000 Monthly by paparazy06(m): 9:44pm On May 16, 2016
It will be hard for me to believe dis aftr so many lies

7 Likes

Re: Fuel Subsidy: 1 Million Nigerians To Receive N5,000 Monthly by vickertony(m): 9:44pm On May 16, 2016
ok.... what of the remaining million Nigerians?? .... Buhari is confused and he is confusing us all....

13 Likes 2 Shares

Re: Fuel Subsidy: 1 Million Nigerians To Receive N5,000 Monthly by NextGovernor(m): 9:44pm On May 16, 2016
To
We will
About to
We have unveil
Very soon.


When will you guys stop all these campaigns.

14 Likes 4 Shares

Re: Fuel Subsidy: 1 Million Nigerians To Receive N5,000 Monthly by okeke00(m): 9:45pm On May 16, 2016
Don't tell me it is from Lie mohamed again

4 Likes 1 Share

Re: Fuel Subsidy: 1 Million Nigerians To Receive N5,000 Monthly by Checked86: 9:45pm On May 16, 2016
Not again!

11 Likes 1 Share

Re: Fuel Subsidy: 1 Million Nigerians To Receive N5,000 Monthly by Nobody: 9:45pm On May 16, 2016
DExplorer1:


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

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:

1.*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.
2*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.
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.”

http://www.pmnewsnigeria.com/2016/05/15/1-million-nigerians-to-receive-n5000-monthly/

**********************************************************************************************
Nigerians should put their ears to the ground as these programmes are executed. We are under a more sincere government than ever.

Nigeria, Where did we go wrong? How did we end up with this gworo chewing fulani dullard as President?

Do these people really sit and think about these things before making them public?

What kind of APC Governmen is this?

28 Likes 4 Shares

Re: Fuel Subsidy: 1 Million Nigerians To Receive N5,000 Monthly by grin88(m): 9:45pm On May 16, 2016
Sai baba wayrayyyy, every day, new new lies

9 Likes 1 Share

Re: Fuel Subsidy: 1 Million Nigerians To Receive N5,000 Monthly by Nobody: 9:45pm On May 16, 2016
Crafty crook u tink pple would still vote you back.yeye hegoat

14 Likes 2 Shares

Re: Fuel Subsidy: 1 Million Nigerians To Receive N5,000 Monthly by kinibigdeal(m): 9:45pm On May 16, 2016
That information is from the table of Lai Mohammed....

18 Likes 2 Shares

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