To pacify Nigerians over the increase in the price of premium motor spirit to N145 a litre, the Muhammadu Buhari administration has rolled out palliative measures running into half a trillion naira.This disclosure was made last night by the Senior Special Assistant for Media & Publicity to the President, Mr. Laolu Akande, in an interaction with the press in Abuja.
“Long before now the Presidency has made adequate arrangements in the 2016 budget to ensure that Nigerians are lifted from poverty and hardship,” the spokesperson stated.
Over eight million Nigerians will benefit from the programmes scheduled to begin in a matter of weeks.
-5.5 million school children to be fed for 200 school days in first phase of homegrown school feeding programme
-Over 1.6 million Nigerian traders, market women, men, artisans to receive loans.
-1 million extremely poor and vulnerable Nigerians to receive N60,000 this year in 12 months payments of N5000 each.