Home » News » FG releases a sum of 65billion naira for its National Social Investment Programme.
Minister of State for Budget and National Planning, Zainab Ahmed.

FG releases a sum of 65billion naira for its National Social Investment Programme.

The Federal Government has directed the immediate release of sixty five billion naira for the take- off of its National Social Investment Programme.

The Minister of State for Budget and National Planning, ZAINAB AHMED, announced this while addressing State House correspondents on the outcome of the Federal Executive Council meeting presided over by President MUHAMMADU BUHARI.

She stated that the sixty five billion naira was part of the one hundred and fifty billion naira approved by the steering committee of the programme.

Ahmed who explained that the programmes are in four parts noted that the first part of the scheme is the homegrown school feeding programme which is targeting five million primary school pupils in all the states of the federation from primary one to primary three.

The second Programme is the job creation Programme which the minister said is aimed at preparing five hundred thousand naira university graduates to be equipped with devices containing information to train them as teachers, agricultural workers and health support workers.

The minister said the third scheme was the Conditional Cash Transfer, where one million care givers would be given five thousand naira monthly for a period of two years.

According to the minister, the fourth is the Enterprise Promotion Programme, which is essentially the loan scheme to be handled by the Bank of Industry.

AHMED also disclosed that the federal government has achieved fifty percent disbursement of the 2016 capital budget.

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