Fuel price hike: Presidency rolls out palliatives, to pay N5000 monthly to 1m Nigerians
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.”

Read more at: http://www.vanguardngr.com/2016/05/fuel-price-hike-presidency-rolls-palliatives/

I pray o! What about increasing our salaries?If everything stated in this post is true, then Buhari is a blessing!yeah, Seems to be true o! Channels tv jus scrolled it live now!

here we go again

This 5K matter again
The thunder that will fire this government is smoking its last wrap of Oshogbo weed

Supplementary campaign promises

Can this presidency stop being silly for once? Everything is not about giving money but investing in the peoples ability create wealth. You make 150 million people go through hardship and u pay 1 million people peanut a month.


Which region are the poorest people located ?

I prefer to have my own 5k and buy a cup of rice for 50 naira than to be given 20k to by a cup of rice for 5000 naira.

Please at this point we are not telling u to do anything new again. Just maintain the country the way Gej left it.

Let GEJs failure be your target. Is it so much to ask?

Useless unserious government

Abeg, who's advising Buhari? Are we running a welfare state. Does he even understand what's he's doing? How's Osinbajo putting up with all these?? Or is he bereft of common sense as well. Nsogbu no na obodo a. Chineke nyere anyi aka.

Hope avengers will speed up their bombing and collapse this country once and for all. Once oil which binds the rogue country stops, everything comes to a standstill. We would now convene and discuss sincerely our corporate existence.

D kind thunder wey go fire this Idiots eh, they r just joking with us o

chikel2000:
D kind thunder wey go fire this Idiots eh, they r just joking with us o

us? Sorry I'm not a zombie o

Is it only the 1million persons that will feel the impact of the stuff?

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.[/quote]

mekaboy:
Can this presidency stop being silly for once? Everything is not about giving money but investing in the peoples ability create wealth. You make 150 million people go through hardship and u pay 1 million people peanut a month.


Which region are the poorest people located ?

I prefer to have my own 5k and buy a cup of rice for 50 naira than to be given 20k to by a cup of rice for 5000 naira.

Please at this point we are not telling u to do anything new again. Just maintain the country the way Gej left it.

Let GEJs failure be your target. Is it so much to ask?

Because u want to wail at all cost u failed to read the post! I ve awls said that wailingsm is a cause!

Whatever they are doing, they should hurry up, people dey die of hunger.

.

I prefer actions to words!

Impossible.

This must be fake news.

I say impossible because no one can be that stuuuupid.

plaetton:
Impossible.

This must be fake news.

I say impossible because no one can be that stuuuupid.

yes no one but one !!!!! B............

Govt of scam, shebi dey budgeted 500billion for empowerment and this is just 5billion. Where is the 495billion left?

Zombies ur fathom 5000 Naira is ready, come n collect it if u want.

Only Zombies will believe this fake promise

Tor! This people are so ridiculous, I give up!