The
new administration had earlier promised to have the Youth and
unemployed in mind and have already started working in that direction as
the Federal government has declared that there are ongoing plans to
implement one of its campaign promises that it will pay N5000 each to
the poorest Nigerians across the country.
new administration had earlier promised to have the Youth and
unemployed in mind and have already started working in that direction as
the Federal government has declared that there are ongoing plans to
implement one of its campaign promises that it will pay N5000 each to
the poorest Nigerians across the country.
Vice
President Yemi Osinbajo who disclosed this noted that government is
currently evaluating the best ways to collapse existing cash transfer
and social welfare schemes to ensure consistency and alignment.
President Yemi Osinbajo who disclosed this noted that government is
currently evaluating the best ways to collapse existing cash transfer
and social welfare schemes to ensure consistency and alignment.
“Once
this is completed, we will implement the first phase of this program,
using recognized identification platforms and transparent payment
solutions”, he said.
this is completed, we will implement the first phase of this program,
using recognized identification platforms and transparent payment
solutions”, he said.
Osinbajo
who disclosed this at the 10th Year Anniversary Lecture of Crescent
University, Abeokuta, Ogun State on Saturday also said the federal
government has identified the weak transmission grid, which prevents the
wheeling of more than 5,000MW as a gridlock to be removed.
who disclosed this at the 10th Year Anniversary Lecture of Crescent
University, Abeokuta, Ogun State on Saturday also said the federal
government has identified the weak transmission grid, which prevents the
wheeling of more than 5,000MW as a gridlock to be removed.
Leadership
reports that he said the payment of N5000 each to poor Nigerians was
necessary because “we cannot talk about the economy of the future
without addressing how we move people out of poverty.
reports that he said the payment of N5000 each to poor Nigerians was
necessary because “we cannot talk about the economy of the future
without addressing how we move people out of poverty.
“One
of the most striking promises we made during the campaign was the
payment of Five Thousand Naira to the poorest Nigerians across the
country”, he noted.
of the most striking promises we made during the campaign was the
payment of Five Thousand Naira to the poorest Nigerians across the
country”, he noted.
Osinbajo
observed that the level of poverty explains much of the Nigerian
situation because it affects all aspects of life, including why over a
million Nigerians die yearly of preventable diseases.
observed that the level of poverty explains much of the Nigerian
situation because it affects all aspects of life, including why over a
million Nigerians die yearly of preventable diseases.
“It
reflects in our alarming rates of infant mortality and maternal deaths
at childbirth. It also tells why so many children of school age are out
of school and why so many adults lack access to healthcare and proper
vocational training; why, in effect, they are less efficient and less
productive at work”, Osinbajo noted.
reflects in our alarming rates of infant mortality and maternal deaths
at childbirth. It also tells why so many children of school age are out
of school and why so many adults lack access to healthcare and proper
vocational training; why, in effect, they are less efficient and less
productive at work”, Osinbajo noted.