President Donald Trump on Friday signed the $2.2 trillion (N827 trillion) financial stimulus package to cushion the economic impact of the coronavirus pandemic in the United States. This came hours after the country’s House of Representatives approved the bipartisan bill, which the Senate passed on Wednesday.

The News Agency of Nigeria (NAN) reports that the U.S. is currently the hardest-hit country in terms of the COVID-19 infections, accounting for no fewer than 99,000 cases. Under the law, the government will make direct payments totaling $290 billion (N109 trillion) to Americans earning below $99,000 (N37 million) per annum. They are expected to get directly get up to $1,200 (N451,000) each, in addition to $500 (N188,000) per child.

On Wednesday, a record 3.3 million Americans filed for unemployment benefits amid massive job losses occasioned by the pandemic. The package includes the payment of another $260 billion (N97 trillion) to jobless and laid-off workers for up to four months. Small businesses with less than 500 employees and airlines will get a total of $881 billion (N331 trillion) as soft loans to cushion the economic effect of the virus.

In brief remarks, after the signing at the White House in Washington, Trump thanked “Democrats and Republicans for coming together and putting America first”. He said the package would pave way for economic recovery in the U.S., adding that the country would have “a tremendous rebound’’.

Corona virus has taught us a great lesson and me in particular.

Give out of love and not of necessity.

It has taught us love, unity, creativity and giving in the hard way.

God bless us all and deliver the poster under me.

When are we getting ours,

Or is it audio donations?




UnaToto

All the profit made in the 4 years has gone down the drain... Bitter lesson for the invaders

Where buhari dey set?

Franzinni:
Where buhari dey set?

Today is not work, so he may probably be in his house.

I love how they specifically bar him from using the funds for his failing hotels.

contigiency:


Today is not work, so he may probably be in his house.

you are just guessing .. We need concrete answers from people who know ...where is buhari?

Now that's a working president. A working president cares about the needs and wellbeing of his people.
Yet, a God forsaken country with no running pipe borne water, no electricity and no economic package to enable it's citizens buy essentials like food etc expect people to stay on lockdown.
Useless regime.
ONE NIGERIA IS DEAD!