June 14, 2015

Unemployed, Poor Nigerians To Get N5000 Monthly – FG

                              osinbajo1
The Buhari Administration at the weekend declared that there are ongoing plans to implement one of its striking campaign promises that it will pay N5000 each to the poorest Nigerians across the country.

Vice President Yemi Osinbajo who gave the hint 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 added.
Osinbajo disclosed this at the 10th Year Anniversary Lecture of Crescent University, Abeokuta, Ogun State titled, ‘The Nigerian Economy and the Future. On the pervasive poverty ravaging the country, Osinbajo 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.

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