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Millions of Nigerians Impacted by ESP/COVID-19 Stimulus Package

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Millions of Nigerians Impacted by ESP/COVID-19 Stimulus PackageFebruary 8, 2021 in Latest News, Press Releases
How FG is preventing retrenchment in the Private Sector
Over 5million farmers enumerated
About one million already received govt’s cash under Survival Fund, CBN intervention
3200 hectares being cleared for farming
344km roads under construction to link 500 farms
Broadband penetration now 45%
Federal ministers and heads of agencies are reporting further progress in the implementation of the Economic Sustainability Plan of the Buhari Administration as Vice President Yemi Osinbajo, SAN, presides over a meeting of the Economic Sustainability Committee earlier today at the Presidential Villa. ....

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LongRead: Sharing billions! What we know about Nigerian govt 'dashing' citizens money

The event was flagged off by Vice President Yemi Osinbajo.
The ruling All Progressives Congress (APC) has often claimed that its Social Investment Program (SIP), part of which was designed to pay N5000 monthly into the accounts of supposed vulnerable Nigerians, is a fulfillment of the government’s promise of taking citizens out of poverty.
According to Osinbajo, the major objective of the RRR was to use a technology-based method to identify urban poor Nigerians who will receive the stipend every month for six months.
Osinbajo’s Senior Special Assistant on Media & Publicity, Laolu Akanda, had said shortly after the launch: ....

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Evaluating performance of Federal Government's Economic Sustainability Plan | The Guardian Nigeria News - Nigeria and World NewsNigeria — The Guardian Nigeria News – Nigeria and World News

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.
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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. ....

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Analyst commends FG on plans to lift 20 million Nigerians out of poverty

ATTENTION: This Image is part of a PHOTO SET
Mandatory Credit: Photo by AKINTUNDE AKINLEYE/EPA-EFE/Shutterstock (10734448i)
Construction workers are seen in front of a building under construction in Lagos, Nigeria, 05 August 2020. Lagos is a city of twenty-one million people, where affordable housing is a considerable challenge - from the pricey neighbourhoods often reserved for the rich to the informal poor settlements opened to flooding and structural collapse during raining seasons.
Construction workers in Lagos, Nigeria - 05 Aug 2020
By Simon Akoje
Lagos, Jan. 25, 2021 A Business Analyst, Mr Nerus Ekezie, has commended the Federal Government for proposing to lift 20 million Nigerians out of poverty in the next two years. ....

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Nigerians To FG: You Can't Use Palliatives To Cure Poverty

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(AFRICAN EXAMINER) – A cross section of Nigerians on Twitter are criticising the plan of the government to lift 20 million Nigerian out of poverty in two years through a cash transfer scheme.
African Examiner reports that Vice President, Yemi Osinbajo (SAN) on Tuesday during the flag-off of the cash transfer scheme called Rapid Response Register (RRR), stated that the federal government plans to lift 20 million Nigerians out of poverty in the next two years.
Osinbajo said: “The groundbreaking success of the RRR, now emboldens us to achieve our aspiration of a social security programme for a minimum of twenty million Nigerians in the next two years. This will be the largest of its kind on the continent. This (aspiration) is, at least from the perspective of this tested approach, now well within our reach. ....

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