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FG Set To Pay N5000 Monthly To Unemployed Graduates, Poor Nigerians

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The federal government is on the verge of fulfilling one of its
campaign promises as the president Muhammadu Buhari-
led administration is set to pay the poorest citizens across
the country.

Vice President Yemi Osinbajo who disclosed this noted that
government is currently evaluating the best ways to collapse
existing cash transfer and social welfare schemes to ensure
consistency and alignment.

“Once this is completed, we will implement the first phase of
this program, using recognized identification platforms and
transparent payment solutions”, he said.

Osinbajo who disclosed this at the 10th Year Anniversary
Lecture of Crescent University, Abeokuta, Ogun State on
Saturday also said the federal government has identified the
weak transmission grid, which prevents the wheeling of
more than 5,000MW as a gridlock to be removed.

Leadership reports that he said the payment of N5000 each
to poor Nigerians was necessary because “we cannot talk
about the economy of the future without addressing how we
move people out of poverty.

“One of the most striking promises we made during the
campaign was the payment of Five Thousand Naira to the
poorest Nigerians across the country”, he noted.

Osinbajo observed that the level of poverty explains much
of the Nigerian situation because it affects all aspects of life,
including why over a million Nigerians die yearly of
preventable diseases.

“It reflects in our alarming rates of infant mortality and
maternal deaths at childbirth. It also tells why so many
children of school age are out of school and why so many
adults lack access to healthcare and proper vocational
training; why, in effect, they are less efficient and less
productive at work”, Osinbajo noted.

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Updated: June 15, 2015 — 7:55 pm
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