Many Nigerians have received grants - Osinbajo updates Buhari on Economic Sustainability Plan

Many Nigerians have received grants - Osinbajo updates Buhari on Economic Sustainability Plan
Join @Naijakit On Telegram For Instant Updates (Click Here)

OVERVIEW OF: Many Nigerians have received grants - Osinbajo updates Buhari on Economic Sustainability Plan

Many Nigerians Have Received Grants Osinbajo Updates Buhari On Economic Sustainability Plan

President Muhammadu Buhari, on Tuesday at the Presidential Villa, Abuja, received Vice President Yemi Osinbajo, who updated him on the progress so far in the implementation of the Economic Sustainability Plan (ESP).

Osinbajo’s spokesman, Laolu Akande, in a statement, said it was the duo’s first official meeting for the year.

Buhari had in 2020 mandated Osinbajo, as chair of the Economic Sustainability Committee (ESC), to coordinate the implementation of the ESP aimed at cushioning the economic effects of the COVID-19 pandemic.

Osinbajo said that three months into the implementation of different components of the ESP: MSMEs Survival Fund; Solar Home System, Social Housing Scheme, among others, Nigerians across different sectors had been impacted.

He explained that under MSMEs Survival Fund, more Nigerians had received Transport Grants, Payroll Support payments and Artisans.

“For the Payroll Support track of the Survival Fund, a total of 277,628 beneficiaries drawn from 56,575 businesses have now been paid.

“This total number includes the batch of 20,614 beneficiaries recently paid for October and 257,014 beneficiaries that were paid for November and December.

“A breakdown of the 257,014 beneficiaries shows that N30, 000 each was paid to 222,466 beneficiaries as November and December payments while N50, 000 each was paid to 34,548 beneficiaries as November and December salaries.

“Out of the total number, three per cent are beneficiaries with special needs, while 43 per cent are female employees/beneficiaries,’’ he revealed.

The vice president disclosed that the enumeration of prospective beneficiaries for the Transport Support Track, which was launched last December, was still ongoing.

He said that payment of N30,000 each, to 333,000 artisans across Nigeria is in progress with payments already made to verified beneficiaries in states under streams 1, 2, and 3.

Osinbajo mentioned the states as FCT, Lagos, Ondo, Kaduna, Borno, Kano, Anambra, Abia, Bauchi, Delta and Plateau under stream 1.

Others are Taraba, Bayelsa, Edo, Ogun, Kwara, Enugu, and Ebonyi, Adamawa, Ekiti, Katsina, Kebbi and Kogi under stream 2.

Also, Akwa-Ibom, Yobe, Sokoto, Nasarawa, Niger, Imo, Oyo, Osun, Jigawa, Cross River, Zamfara, Benue and Gombe under stream 3.

According to Osinbajo, the Solar Home System aimed at connecting 5million households in off-grid and underserved communities to electricity was ongoing.

“The process of installing N140billion Solar Home System that will cover up to five million households has begun and served about twenty-five million individuals in rural areas, and urban communities has begun with the enlistment of solar assembling companies and components manufacturers as well as solar servicing firms.

“Under the scheme, the Central Bank of Nigeria (CBN) will make available funds to private companies involved in the manufacture, installation, servicing of the solar systems, at rates ranging between five and 10 per cent.

“An important aspect of the scheme is the option of outright ownership by beneficiaries at a cost ranging from N1,500 per week to N4,000 monthly depending on the capacities, for a period of years,’’ he said.

The vice president also said that the plan by the Federal Government to support 1.5 million Nigerians to acquire low-cost houses under the Social Housing programme of the ESP was on course.

He said that the portal for application by prospective beneficiaries was launched in December 2020 alongside the prototype 1-bedroom and 2-bedroom units.

More so, the vice president held a virtual meeting with the management of the North-East Humanitarian and Innovation Hub (NEHIH).

Osinbajo pledged the support of the Federal Government and the National Economic Council (NEC) in the establishment of a Social Innovation and Research Institute (SIRI), an initiative of NEHIH aimed at developing skills and building capacity for social innovation.

He said that the idea of establishing a centre for social innovation as conceived by the NEHIH was commendable.


Naijakit TV


Write a Comment


*NOTE:* You Need To Provide a Valid Phone Number Incase we want to reach you back. or you want us to contact you back.. Via your comment.. Thanks, Your Comment is important to us!

Download Latest Naija Song And Naija Music Download on This Website. Also Read All Naija Entertainment and Celebrity Gossip and Nollywood News on Naijakit.com

Latest Naija Music, Latest Music, Download Latest Music, Download New Songs, Download Latest Wizkid Songs Mp3, , Download Latest Olamide Songs Mp3, Download Latest Tiwa Savage Songs Mp3, Download Latest Burna Boy Songs Mp3, Download Latest Naira Marley Songs Mp3, Download Latest Rema Songs Mp3, Download Latest Fireboy Songs Mp3, Download Latest Fireboy DML Songs Mp3, Download Latest Nigeria Songs Mp3, Latest Nigeria Music, 9jakit, Niger kit, 9ja kit, Nigerkit, Latest DJ Mixtape, Download DJ Mix, Download Latest Songs Mp3, Download Latest Music Mp3, Latest Songs, Latest Video, Download Latest Video, Download Latest Songs Audio Mp3, Latest Olamide Album Download, Olamide Album, Download Olamide Album, Latest WIzkid Album Download, Wizkid Album, Download Wizkid Album, Latest Burna Boy Album Download, Burna Boy Album, Download Burna Boy Album, Latest Naira Marley Album Download, Naira Marley Album, Download Naira Marley Album, Latest Rema Album Download, Rema Album, Download Rema Album, Latest Fireboy DML Album Download, Fireboy DML Album, Download Fireboy DML Album, Download Latest Davido Songs Mp3, Latest Davido Album Download, Davido Album, Download Davido Album, Download Davido Album, Download Latest Bad Boy Timz Songs Mp3, Latest Bad Boy Timz Album Download, Bad Boy Timz Album, Download Bad Boy Timz Album, Latest Bad Boy Timz Album Download, Bad Boy Timz Album, Download Bad Boy Timz Album, Download Latest Tems Songs Mp3, Latest Tems Album Download, Tems Album, Download Tems Album, Latest Tems Album Download, Tems Album, Download Tems Album, Download Latest Teni Songs Mp3, Latest Teni Album Download, Teni Album, Download Teni Album, Download Latest Dbanj Songs Mp3, Latest Dbanj Album Download, Dbanj Album, Download Dbanj Album, Latest Dbanj Album Download, Dbanj Album, Download Dbanj Album, Download Latest Oladips Songs Mp3, Latest Oladips Album Download, Oladips Album, Download Oladips Album, Download Latest Mayorkun Songs Mp3, Latest Mayorkun Album Download, Mayorkun Album, Download Mayorkun Album, Latest Mayorkun Album Download, Mayorkun Album, Download Mayorkun Album, Download Latest Nicki Minaj Songs Mp3, Download Latest Nicki Minaj Songs Mp3, Latest Nicki Minaj Album Download, Nicki Minaj Album, Download Nicki Minaj Album, Latest Nicki Minaj Album Download, Nicki Minaj Album, Download Nicki Minaj Album, Download Latest Shatta Wale Songs Mp3, Latest Shatta Wale Album Download, Shatta Wale Album, Download Shatta Wale Album, Latest Shatta Wale Album Download, Shatta Wale Album, Download Shatta Wale Album, Download Latest Burna Boy Songs Mp3, Latest Burna Boy Album Download, Burna Boy Album, Download Burna Boy Album, Latest Burna Boy Album Download, Burna Boy Album, Download Burna Boy Album, Download Latest Naira Marley Songs Mp3, Latest Naira Marley Album Download, Naira Marley Album, Download Naira Marley Album, Latest Naira Marley Album Download, Naira Marley Album, Download Naira Marley Album, Download Latest Peruzzi Songs Mp3, Latest Peruzzi Album Download, Peruzzi Album, Download Peruzzi Album, Latest Peruzzi Album Download, Peruzzi Album, Download Peruzzi Album, Download Latest Mohbad Songs Mp3, Latest Mohbad Album Download, Mohbad Album, Download Mohbad Album, Latest Mohbad Album Download, Mohbad Album, Download Mohbad Album, Download Latest Lil kesh Songs Mp3, Latest Lil kesh Album Download, Lil kesh Album, Download Lil kesh Album, Latest Lil kesh Album Download, Lil kesh Album, Download Lil kesh Album, Download Latest C Blvck Songs Mp3, Latest C Blvck Album Download, C Blvck Album, Download C Blvck Album, Latest C Blvck Album Download, C Blvck Album, Download C Blvck Album, Download Latest C Black Songs Mp3, Latest C Black Album Download, C Black Album, Download C Black Album, Latest C Black Album Download, C Black Album, Download C Black Album, Download Latest Jhybo Songs Mp3, Latest Jhybo Album Download, Jhybo Album, Download Jhybo Album, Latest Jhybo Album Download, Jhybo Album, Download Latest Barry Jhay Songs Mp3, Latest Barry Jhay Album Download, Barry Jhay Album, Download Barry Jhay Album, Latest Barry Jhay Album Download, Barry Jhay Album, Download Barry Jhay Album, Download Latest Seyi Vibez Songs Mp3, Latest Seyi Vibez Album Download, Seyi Vibez Album, Download Seyi Vibez Album, Latest Seyi Vibez Album Download, Seyi Vibez Album, Download Seyi Vibez Album, Download Latest Mr Benson Songs Mp3, Latest Mr Benson Album Download, Mr Benson Album, Download Mr Benson Album, Latest Mr Benson Album Download, Mr Benson Album, Download Mr Benson Album, Download Latest Zlatan Songs Mp3, Latest Zlatan Album Download, Zlatan Album, Download Zlatan Album, Latest Zlatan Album Download, Zlatan Album, Download Zlatan Album,Download Latest Small Doctor Songs Mp3, Latest Small Doctor Album Download, Small Doctor Album, Download Small Doctor Album, Latest Small Doctor Album Download, Small Doctor Album, Download Small Doctor Album, Download Latest Zinoleesky Songs Mp3 , Latest Zinoleesky Album Download, Zinoleesky Album, Download Zinoleesky Album, Latest Zinoleesky Album, Zinoleesky Album, Download Zinoleesky Album, Download Latest Lyta Songs Mp3, Latest Lyta Album Download, Lyta Album, Download Lyta Album, Latest Lyta Album, Lyta Album, Download Lyta Album, Download Latest Orezi Songs Mp3, Latest Orezi Album Download, Orezi Album, Download Orezi Album, Latest Orezi Album, Orezi Album, Download Orezi Album, Download Latest Dotman Songs Mp3, Latest Dotman Album Download, Dotman Album, Download Dotman Album, Latest Dotman Album, Dotman Album, Download Dotman Album, Download Latest Selebobo Songs Mp3, Latest Selebobo Album Download, Selebobo Album, Download Selebobo Album, Latest Selebobo Album, Selebobo Album, Download Selebobo Album, Download Latest Oritse Femi Songs Mp3, Latest Oritse Femi Album Download, Oritse Femi Album, Download Oritse Femi Album, Latest Oritse Femi Album, Oritse Femi Album, Download Oritse Femi Album, Download Latest Yonda Songs Mp3, Latest Yonda Album Download, Yonda Album, Download Yonda Album, Latest Yonda Album, Yonda Album, Download Yonda Album, Download Latest Rexxie Songs Mp3, Latest Rexxie Album Download, Rexxie Album, Download Rexxie Album, Latest Rexxie Album, Rexxie Album, Download Rexxie Album, Download Latest Adekunle Gold Songs Mp3, Latest Adekunle Gold Album Download, Adekunle Gold Album, Download Adekunle Gold Album, Latest Adekunle Gold Album, Adekunle Gold Album, Download Adekunle Gold Album, Download Latest Simi Songs Mp3, Latest Simi Album Download, Simi Album, Download Simi Album, Latest Simi Album, Simi Album, Download Simi Album, Download Latest Chinko Ekun Songs Mp3, Latest Chinko Ekun Album Download, Chinko Ekun Album, Download Chinko Ekun Album, Latest Chinko Ekun Album, Chinko Ekun Album, Download Chinko Ekun Album, Download Latest Falz Songs Mp3, Latest Falz Album Download, Falz Album, Download Falz Album, Latest Falz Album, Falz Album, Download Falz Album, Download Latest Bella Shmurda Songs Mp3, Latest Bella Shmurda Album Download, Bella Shmurda Album, Download Bella Shmurda Album, Latest Bella Shmurda Album, Bella Shmurda Album, Download Bella Shmurda Album, Download Latest Danny S Songs Mp3, Latest Danny S Album Download, Danny S Album, Download Danny S Album, Latest Danny S Album, Danny S Album, Download Danny S Album, Download Latest Danny S Songs Mp3, Latest Danny S Album Download, Danny S Album, Download Danny S Album, Latest Danny S Album, Danny S Album, Download Danny S Album, Download Latest Dice Ailes Songs Mp3, Latest Dice Ailes Album Download, Dice Ailes Album, Download Dice Ailes Album, Latest Dice Ailes Album, Dice Ailes Album, Download Dice Ailes Album