President Bola Tinubu has approved the National Construction and Household Support Programme, aimed at boosting agricultural productivity, strengthening the economy, and providing immediate economic relief for Nigerian households.
According to a statement issued by the presidential spokesman, Ajuri Ngelale, the President disclosed this during the National Economic Council (NEC) meeting on Thursday, in Abuja.
Ngelale added that the programme, which was supported by the NEC, includes financial allocations and infrastructure projects across all geo-political zones in the country.
He added that a key component of the programme is the approval of the N50,000 uplift grant to be distributed to 100,000 families per State for three months.
Ngelale revealed that another N155 billion was earmarked for the purchase and distribution of assorted foodstuff across the nation to address concerns about food security and affordability.
He disclosed that the programme will also cater to infrastructure projects, including the Sokoto-Badagry Highway, which will traverse seven States and is considered key for agricultural sustainability. He added that the States along this axis form the food belt of the nation.
Other infrastructure initiatives include the ongoing Lagos-Calabar Coastal Highway and the Trans-Saharan Highway. Tinubu also approved full counterpart financing for the Port Harcourt-Maiduguri Railway and the Ibadan-Abuja segment of the Lagos-Kano Standard-Gauge Railway.
In addition to the projects, Ngelale said the NEC approved the allocation of N10 billion to each State and the Federal Capital Territory for the procurement of buses and implementation of the Compressed Natural Gas (CNG) uplift programme.
According to the presidential spokesman, provisions were also made for labour unions and civil society organisations, (CSOs).
During the NEC meeting, Tinubu urged State governors to collaborate in meeting the needs of citizens and boosting food production in the country.
