The government of President Buhari rolls out N.5 trillion Economic Palliative Package ‎ – The social initiatives meant to ease pains of Nigerians over the hike in fuel prices – The government will pay N5000 monthly to one million extremely poor Nigerians for 12 months



President Muhammadu Buhari has unveiled a social investment package designed to impact on the lives of over eight million Nigerians. This was contained in a statement by Laolu Akande, senior special assistant to the president, during an interactive session with reporters in Abuja. He clarified that some parts of this package would become operational in the coming weeks. The statement reads in part: “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.

“Long before now, the presidency has made adequate arrangements in the 2016 budget to ensure that Nigerians are lifted from poverty and hardship. “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. “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 government has also made available a 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. The details also showed their there would be payment of between N23,000 to N30,000 per month to 500,000unemployed 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. 100,000 artisans would also be trained and paid N191.5B has been set aside for this in the passed budget. “At least 5.5 million Nigerian primary school children....

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http://jkcyno..com.ng/2016/05/president-buhari-to-pay-500-naira.html?m=1

Thought the dullard said he won't pay again,that he rather use the money on pressing economic issues..you can barely hold these bunch of confused fellows by there words.

what of civil servants arrears and allowance?

It will be a good idea if the federal government can truthfully tell who are the unemployed graduates because we dont have a data bank of unemployed Nigerians.