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It was to provide for an Act to provide a legal framework for establishment of NSIPs for the assistance and empowerment of the poor and vulnerable in Nigeria. Presenting the synopsis during plenary on Tuesday, Rep. Mansur Manu Soro said, the Bill in section 14 (a) proposed for the direct deduction of 15% aggregate of the VAT collected monthly for the purpose of funding the programmes which include the N-Power, Conditional Cash Transfer, Home-Grown School Feeding Market Moni, Trader-Moni and others. “These programmes are basically aimed at reducing unbearable social conditions and economic discomfort largely induced by unemployment, especially among youths with resultant poverty.

Femi gbajabiamilaAlex egbonaAhmed idrisNigerian national petroleum corporationPetroleum resourcesInvestment trust fundSchool feeding market moniSocial investment trust fundSocial investment programmesValue added taxDeputy speakerMansur manu soroConditional cash transferHome grown school feeding market moniFederal governmentநைஜீரியன் தேசிய பெட்ரோலியம் நிறுவனம்