The Federal Government under the Nigeria Economic Sustainability Plan (NESP), on Wednesday, said the scheme has provided a one-off N30,000 grant to 333,000 beneficiaries across the 36 states of the country including the FCT with a total number of 41,207 beneficiaries in Edo State. The Minister of State for Industry, Trade and Investment, Amb. Mariam […]
Buhari. Photo: TWITTER/NIGERIAGOVEvidently, the implementation of the Economic Sustainability Plan (ESP) has gained traction and unarguably is achieving the desired impact on the Nigerian economy.
For the benefit of hindsight, the COVID-19 pandemic which was first reported in Wuhan, China in December 2019 triggered a strangulating global economic downturn. x
In its second wave, the pandemic has continued to decimate the world’s population amidst the vaccine race.
On March 30, 2020, President Muhammadu Buhari, set up the Economic Sustainability Committee(ESC), chaired by Vice President Yemi Osinbajo to develop an economic sustainability plan to last until 2023.
The ESC was mandated inter alia: To develop a stimulus package and come up with measures to cushion the impact of the pandemic on the economy.
Osinbajo updates Buhari on implementation of economic sustainability
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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.
The vice president said that three months into the implementation of different components of the ESP: MSMEs Survival Fund; Social Housing Scheme, and Solar Home System, among others, Nigerians across different sectors had been impacted.
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.
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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.
The vice president said that three months into the implementation of different components of the ESP: MSMEs Survival Fund; Social Housing Scheme, and Solar Home System, among others, Nigerians across different sectors had been impacted.