Tag: INTERVENTION

Economic Relief: Tinubu rolls out N1tr fiscal stimulus for Rail, Agric, Social relief

Aminu Imam
Tinubu rolls out

President Bola Tinubu has rolled out plans to boost agricultural productivity and strengthen the economy by creating opportunities in the real sectors of agriculture, manufacturing and construction, in a bid to provide urgent economic relief for Nigerians. Special Adviser to the President on Media and Publicity, Ajuri Ngelale, in an issued press statement, said President Bola Tinubu approved the immediate rollout of the National Construction and Household Support Programme to cover all geo-political zones in the country. The plan is aimed at boosting agricultural productivity, strengthen the economy by creating…

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School Feeding: FG to spend N1bn daily on approximately 10m pupils

Aminu Imam

The Federal Government, yesterday, said N999 million would be spent daily to feed approximately 10 million pupils in its National Home Grown School Feeding Programme, (NHGSFP), across the country. The Team Lead of NHGSFP, A’ishatu Digil, disclosed this at a stakeholder meeting on disbursement modalities for the review cost of feeding in the programme, in Abuja. She said the Minister of Humanitarian Affairs, Disaster Management and Social Development, Sadiyya Umar Farouq, got the approval of spending N100 per person daily on the feeding in the programme. She further explained that…

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N58bn disbursed to poor Nigerians in 2 months – FG

Aminu Imam

The Federal Government has disbursed N58billion to poor and vulnerable Nigerians in the past two months under its Conditional Cash Transfer, (CCT) intervention programme. The National Coordinator, Household Uplifting Programme–Conditional Cash Transfer (HUP–CCT), Halima Shehu, made the disclosure yesterday. Shehu spoke in Yola, Adamawa State, during the launch of a two-day step-down training on HUP-CCT orientation and sensitisation of beneficiaries. She said the programme was initiated to support development objectives with the priority of improving households’ consumption. The official noted that poverty and hunger are high among rural dwellers, especially…

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Presidency, UNICEF to inaugurate expanded schemes for Nigerian youths

Aminu Imam

Vice-President Yemi Osinbajo and the United Nations International Children’s Emergency will inaugurate an intervention effort for young Nigerians. Named ‘Generation Unlimited’, (GenU), the collaboration between the Federal Government and UNICEF will be inaugurated on July 26. It is aimed at urgently supporting expanded education, training and employment opportunities for young people aged 10 years to 24 years on an unprecedented scale. The collaboration is a global multi-sector partnership that was initially launched in September 2018, in collaboration with over 200 partners. It has reached, to date, more than 100 million…

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CBN provides N10bn intervention funds to Kano to revive industries –Consortium

Abdul-Azeez Ahmed Kadir

Kano Investment and Diaspora, in partnership with the Foreign Commonwealth Development ((LINKS) and Manufacturers Association of Nigeria (MAN) have secured a N10 billion intervention fund from the Central Bank of Nigeria (CBN) to revive companies impacted by the Covid-19 pandemic. Speaking at the sensitization meeting on Kano Turnaround Project in Kano, the Director General of KanInvest & Diaspora, Hajiya Hama Ali said the programme, which was designed to revive companies that had been affected by COVID-19 pandemic, would target at least 50 companies. She explained that the CBN initially donated…

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