Presidency unfolds five hundred billion naira social welfare programmes
Written by Taiwo Adediran on February 8, 2016
The Presidency has unfolded tentative details on the implementation of its five hundred billion naira social welfare programme, revealing that one million extremely poor Nigerians would be direct beneficiaries of the five thousand naira monthly cash transfer.
The payment which is to commence once the budget is approved by the National Assembly, also comprises another five social interventions that include the provision of one meal a day to school pupils in some selected states.
Other elements of the scheme include the five hundred thousand direct jobs, which will see unemployed graduates being trained and deployed as volunteer teachers in their communities while still prospecting for jobs in their chosen professions.
This, according to a statement issued by the Office of the Vice-President, is in accordance with President Muhammadu Buhari’s vision of building human capital. The statement also noted that the plans would reduce poverty and vulnerabilities, while also increasing Nigeria’s Human Development Index on the global UN rankings.