Monday, 16 May 2016

1 Million Nigerians To Start Receiving N5,000 Monthly Soon

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. Think that
is cool?

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