Nigeria Targets 8 Million People for 2016 Social Intervention Spending


The Federal Government of Nigeria would be directly impacting the lives of more than eight million Nigerians in different social investment 2016 budget spending that would provide succor to ordinary Nigerians.

According to the Senior Special Assistant for Media and Publicity to the Vice President, Mr Laolu Akande, this intervention will include a direct payment of N5000 monthly to one million extremely poor Nigerians for 12 months  and a direct provision of very soft loan for traders and Agric workers.

Also, 500,000 unemployed graduates who would be trained, paid and deployed to work as volunteer teachers, public health officers and extension service workers would be given electronic devices to empower them technologically both for their assignments and beyond. The plan does not exclude school children, artisans and tertiary students.

In total, more than 8 million Nigerians would be benefiting from the Social Investment budget.

Akande said that the N500 billion social investment programmes of the Buhari administration is a ready-made palliative to lift Nigerians from poverty and economic hardship.

He also added that this is beside the jobs that would be created by the infrastructural projects that would be restored and the new ones that would soon be taking off.


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