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COVID-19: FG releases N500bn, creates 800,000 jobs - Presidency

The Federal Government’s Economic Sustainability Plan (ESP) helped Nigeria to cope with the economic shock caused by COVID-19. The presidency said with the stimulus package, the economy did not decline as feared when the pandemic broke out. Laolu Akande, presidential spokesman in a statement said over 2 million jobs have been both created and saved, with N500billion released as at the end of May. The breakdown indicates that 1.3 million jobs have been retained through interventions in the Mic...
Nigeria General Laolu Akande Economic Sustainability Committee Maintenance Agency National Association Of Nigerian Travel Agencies Airport Car Hire Association Of Nigeria

LongRead: Sharing billions! What we know about Nigerian govt 'dashing' citizens money

The event was flagged off by Vice President Yemi Osinbajo. The ruling All Progressives Congress (APC) has often claimed that its Social Investment Program (SIP), part of which was designed to pay N5000 monthly into the accounts of supposed vulnerable Nigerians, is a fulfillment of the government’s promise of taking citizens out of poverty. According to Osinbajo, the major objective of the RRR was to use a technology-based method to identify urban poor Nigerians who will receive the stipend ev...
Katsina State Federal Capital Territory Abuja Federal Capital Territory Nigeria General Zamfara State Ekiti States

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Nothing to show for Buhari's investment in SIP -Ndume – Punch Newspapers

Sunday Aborisade, Abuja The Chairman, Senate Committee on Army, Senator Ali Ndume, on Thursday, lamented that there was nothing on the ground to show for the huge budgetary allocation made by the Federal Government towards its Social Intervention Programme in the 2020 budget. Ndume, who spoke with journalists in Abuja, on the implementation of the 2020 budget, urged the youths and all the intended beneficiaries of the N729bn social intervention funds, to hold government agencies accountable. Th...
Nigeria General Abuja Federal Capital Territory Ali Ndume Intervention Programme Senate Committee On Army Sunday Aborisade

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