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Nairaland Forum / Nairaland / General / Politics / Fuel Hike: Presidency Rolls Out Palliatives, To Pay N5000 To 1m Nigerians (1702 Views)
Labour To Proceed On Strike Tomorrow Over Fuel Hike / Fuel Price Hike: Presidency Rolls Out Palliatives, To Pay N5000 Monthly To 1m Ni / Fuel Price Hike: Presidency Rolls Out Palliatives (2) (3) (4)
Fuel Hike: Presidency Rolls Out Palliatives, To Pay N5000 To 1m Nigerians by bilulu(m): 7:48pm On May 15, 2016 |
By Levinus Nwabughiogu
ABUJA - To cushion the harsh effect of the new pump
price of Premium Motor Spirt, PMS also called petrol on
the people, the presidency is set to implement the N500
billion earmarked in the 2016 budget for social welfare.
A statement by the media spokesperson for Vice
President Yemi Osinabjo, Mr. Laolu Akande in Abuja on
Sunday stated "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."
Giving a breakdown of the interventions and palliatives,
Akande said that said that there would "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."
Similarly, 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 500,000
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".
According to the media aide, "100,000 artisans would
also be trained and paid
N191.5B has been set aside for this in the passed
budget."
He also said that "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", as "N93.1B has been appropriated for this
in the 2016 budget."
In this same vein "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.
Akande stated that "This payment would also be paid
directly to the students."
He stated that these measures that would start in a
matter of weeks would certainly lift the ordinary man
from the pangs of economic hardship and poverty.
"Long before now, the Presidency has made adequate
arrangements in the 2016 budget to ensure that
Nigerians are lifted from poverty and hardship," Akande
said, adding that "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."
www.vanguardngr.com/2016/05/fuel-price-hike-presidency-rolls-palliatives/ |
Re: Fuel Hike: Presidency Rolls Out Palliatives, To Pay N5000 To 1m Nigerians by bluaero(m): 7:51pm On May 15, 2016 |
This 5K matter again The thunder that will fire this government is smoking its last wrap of Oshogbo weed 3 Likes |
Re: Fuel Hike: Presidency Rolls Out Palliatives, To Pay N5000 To 1m Nigerians by appini: 7:54pm On May 15, 2016 |
Waiting |
Re: Fuel Hike: Presidency Rolls Out Palliatives, To Pay N5000 To 1m Nigerians by nickxtra(m): 7:55pm On May 15, 2016 |
Nigeria na wa |
Re: Fuel Hike: Presidency Rolls Out Palliatives, To Pay N5000 To 1m Nigerians by chikel2000(m): 8:05pm On May 15, 2016 |
APC is taking us for granted I guess 3 Likes |
Re: Fuel Hike: Presidency Rolls Out Palliatives, To Pay N5000 To 1m Nigerians by omenka(m): 8:07pm On May 15, 2016 |
5billion for 1million people... I think if they invest this in SMEs (say for 1000 beneficiaries), the multiplier effect would surpass whatever it is each one of the 1million beneficiaries would do with such a paltry amount individually. 3 Likes |
Re: Fuel Hike: Presidency Rolls Out Palliatives, To Pay N5000 To 1m Nigerians by papaejima1: 8:14pm On May 15, 2016 |
This people must think all of us are fools. But honestly they are just fooling themselves |
Re: Fuel Hike: Presidency Rolls Out Palliatives, To Pay N5000 To 1m Nigerians by IVORY2009(m): 9:36pm On May 15, 2016 |
If this is true, what a shame to the Buhari lead administration, the stone is rolling back @ all you people...... I dey laugh |
Re: Fuel Hike: Presidency Rolls Out Palliatives, To Pay N5000 To 1m Nigerians by ckmayoca: 9:36pm On May 15, 2016 |
To believe this is genuine then the 1m ppl must be a division by the 36 states or else this is a means to feed the beggers of the north. 2 Likes |
Re: Fuel Hike: Presidency Rolls Out Palliatives, To Pay N5000 To 1m Nigerians by gebest: 9:39pm On May 15, 2016 |
Nawa o, were they wan see moni do dis heaven and earth. Well fingers crossed, NLC patient first lets see whether it will be implimented. |
Re: Fuel Hike: Presidency Rolls Out Palliatives, To Pay N5000 To 1m Nigerians by bilulu(m): 10:14pm On May 15, 2016 |
Am jux observing anyways |
Re: Fuel Hike: Presidency Rolls Out Palliatives, To Pay N5000 To 1m Nigerians by johnydon22(m): 10:20pm On May 15, 2016 |
Jesus Christ!!! I give up on Buhari and APC . . . a country of 170million, you pay 5k to 1million. 169million remaining... I doubt if Buhari actually thinks at all like WTF This is the best palliative measure these guys can come up with, seriously this is sickening!!! Nigeria is on a long thing.... I swear GEJ was a far better option than this man 1000times over, forget all this useless propaganda of corruption this corruption that.... How did we come to this? Turned the hands of time too far that we couldn't do better than an old recycled military dictator who has no secondary diploma. 2 Likes 1 Share |
Re: Fuel Hike: Presidency Rolls Out Palliatives, To Pay N5000 To 1m Nigerians by Almajiri1: 10:23pm On May 15, 2016 |
Who even trust this rogue government? |
Re: Fuel Hike: Presidency Rolls Out Palliatives, To Pay N5000 To 1m Nigerians by Goddex: 10:29pm On May 15, 2016 |
we |
Re: Fuel Hike: Presidency Rolls Out Palliatives, To Pay N5000 To 1m Nigerians by mars123(m): 11:37pm On May 15, 2016 |
omenka:you think it's better for 1000 brilliant people to benefit than a million poor souls because of a nonsense multiplier effect? |
Re: Fuel Hike: Presidency Rolls Out Palliatives, To Pay N5000 To 1m Nigerians by iflywithbuhari(f): 11:44pm On May 15, 2016 |
This is SUPERSTORY |
Re: Fuel Hike: Presidency Rolls Out Palliatives, To Pay N5000 To 1m Nigerians by mbaboy(m): 11:57pm On May 15, 2016 |
Do u even believe this story coz I know Lia Mohammed will soon deny it. APC all progressive criminals johnydon22: |
Re: Fuel Hike: Presidency Rolls Out Palliatives, To Pay N5000 To 1m Nigerians by TheNonce: 12:02am On May 16, 2016 |
Wetin be N5k abeg? They need to address the minimum wage issue once and for all and stop all this beating around the bush! |
Re: Fuel Hike: Presidency Rolls Out Palliatives, To Pay N5000 To 1m Nigerians by TonyeBarcanista(m): 12:11am On May 16, 2016 |
APC Criminals!!! They are looting and empowering their boys for 2019. 2 Likes 1 Share |
Re: Fuel Hike: Presidency Rolls Out Palliatives, To Pay N5000 To 1m Nigerians by TonyeBarcanista(m): 12:15am On May 16, 2016 |
ckmayoca:Money wey them wan loot? |
Re: Fuel Hike: Presidency Rolls Out Palliatives, To Pay N5000 To 1m Nigerians by iflywithbuhari(f): 12:21am On May 16, 2016 |
But I want to know. Which minister and governor is forcing him to implement this fraud. |
Re: Fuel Hike: Presidency Rolls Out Palliatives, To Pay N5000 To 1m Nigerians by TruthisOut: 1:22am On May 16, 2016 |
This government is hopeless. I thought VP is a prof. Well, why not fix our refineries and also boost power generation with these monies so that we won't get to this point of sharing money that will only create more problems. The money cannot go around and the short-changed will scream. |
Re: Fuel Hike: Presidency Rolls Out Palliatives, To Pay N5000 To 1m Nigerians by bishopkay: 1:42am On May 16, 2016 |
What can 5000 naira buy in the Nigeria of today?? Jeez!! these guys and their economics is just disgusting! increase minimum wage and not that rubbish they are trying to do |
Re: Fuel Hike: Presidency Rolls Out Palliatives, To Pay N5000 To 1m Nigerians by Davo93(m): 1:46am On May 16, 2016 |
What do this government even take Nigerians for? N5000?? This is mere waste of resources and a non-sustainable project. How the 1 million beneficiaries will be sorted out of the about 200 million Nigerians remains a mystery to me except this is targeted at those party members who worked for Change during the 2015 General Elections. #JustSaying |
Re: Fuel Hike: Presidency Rolls Out Palliatives, To Pay N5000 To 1m Nigerians by Nobody: 5:08am On May 16, 2016 |
THANK GOD FOR GIVING US BUHARI. WE SHALL SMILE AT THE END OF THIS HARD TIMES. #babameanswell |
Re: Fuel Hike: Presidency Rolls Out Palliatives, To Pay N5000 To 1m Nigerians by Nobody: 5:16am On May 16, 2016 |
Is Osinbajo related to Liar Muhammed ? Or its mere similar characteristics.. |
Re: Fuel Hike: Presidency Rolls Out Palliatives, To Pay N5000 To 1m Nigerians by hucienda: 5:17am On May 16, 2016 |
What do these people take nigerians for? This Buhari APC-led FG are just bunch of jokers... I don't envy the likes of The Minister of Lies and Propaganda and his crew defending the obvious indefensible... reduces your worth in the public eyes as the populace see you for what you really are... a sycophant, a fool and a zombie. |
Re: Fuel Hike: Presidency Rolls Out Palliatives, To Pay N5000 To 1m Nigerians by MaziOmenuko: 5:23am On May 16, 2016 |
Are we still insisting on 'dashing' money out like father Christmas An unsustainable socialist scheme that will soon heap more task on the EFCC by the time misappropriation cases starts propping up here and there. 1 Like |
Re: Fuel Hike: Presidency Rolls Out Palliatives, To Pay N5000 To 1m Nigerians by bigboss80s(m): 5:43am On May 16, 2016 |
bluaero: Lmfao |
Re: Fuel Hike: Presidency Rolls Out Palliatives, To Pay N5000 To 1m Nigerians by bigboss80s(m): 5:46am On May 16, 2016 |
johnydon22: First off it was Osinbajo who stated during the campaign that they would pay 5k Also this is something the govt must try first. They want to reach as many people as possible. If it doesn't work then we can try another method. GEJ's method(YouWin) was successful but only a few people were lifted out of poverty. Yes I know 5k can't make a person rich but u would be surprised what it can do for the most deprived in society. It is EXTREMELY important to have a social safety net. This is what prevents a lot of violence ie insurgency, militancy, etc in developed countries. |
Re: Fuel Hike: Presidency Rolls Out Palliatives, To Pay N5000 To 1m Nigerians by GodpunishBuhari: 7:11am On May 16, 2016 |
stupid palliatives |
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