Views: 144 Posts: 0 Started By: Lil_prince Last Poster: Lil_prince Last Post Date: May 17, 2016
May 17, 2016 ( Post 1 )

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 succour and be a ready-made palliative to ordinary Nigerians. Think that is cool?


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