Following the campaign promise to pay N5,000 monthly stipend to unemployed Nigerians,president
Muhammadu Buhari has proposed to spend N500bn on social services to
cater for the needs of youths and other “vulnerable” groups in 2016.
According to Punch,the
proposal was contained in the 2016-2018 Medium Term Expenditure
Framework and Fiscal Strategy Paper, which he sent to the National
Assembly on Tuesday.
Buhari
wrote separate letters to the President of the Senate, Bukola Saraki,
and the Speaker of the House of Representatives, Mr. Yakubu Dogara,
which were read to members in the respective chambers.
The
document explained that the social welfare programme would be executed
in phases but did not categorically say whether it was meant to
implement his administration’s promise to pay each unemployed person in
the country N5, 000 monthly.
However,
it added that that the scheme would also take care of the school feeding
programme initiative as well as the “conditional cash transfer to the
most vulnerable and a post-NYSC grant.”
Buhari
explained that the intervention would start next year as a pilot scheme,
adding that his government would work towards securing the support of
donor agencies and development partners in order to minimise potential
risks.
The House will open debate on the MTEF and FSP on Wednesday (today).The House took the decision as soon as Dogara read the President’s letter to members.
“We will all agree that this is very important and urgent.“The clerk should circulate copies of the MTEF and FSP to all members today, preparatory for the debate tomorrow (today),” Dogara announced.
They should do it o not that he will carry the money and give his god father
ReplyDeletea.k.a EDWIN CHINEDU AZUBUKO said...
ReplyDelete.
Am not believing shit untill i see some action though....
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***CURRENTLY IN JUPITER***
Hmmmmmmmm,may God make it come to pass
ReplyDeleteSeeing is believing
ReplyDeleteWe want to see actions! They are making promises when they haven't been able to fulfil the ones they made b4! Don't talk, just act!
ReplyDeleteI stand for sustainable development , not this stomach infrastructure that won't last.
ReplyDeleteMr. President, don't you think reviving dead industries, and granting free education would benefit the citizens more? when another person comes into power, shey ds 5k thing will cease. That's the major problem in this country, prioritizing projects that will only be beneficial in the short-run instead of long-run.. instant gratification & temporary benefits. that's why the country keeps moving backward. Will the 5K fend for the youths & their dependents?