Just In: Buhari Says FG Has Commenced Distribution Of N10.9b Worth Of Palliatives
By Henry Odeh
Nigerian President, Muhammadu Buhari, has said that the federal government of Nigeria has commenced disbursement of palliatives worth N10.9 billion to Nigerians in its bid to ameliorate the hardship occasioned by the COVID-19 pandemic, sunrisebulletin.com reports.
The disclosure was made by President Muhammadu Buhari during the 75th session of the United Nations General Assembly (UNGA) convened virtually, and reported by Channels TV.
President Buhari, during his speech, disclosed that the government has disbursed palliatives worth N10.9 billion to both households and businesses in the country to help Nigerians cope with the devastating effects of the corona virus pandemic.
He said: “In order to mitigate its impact on Nigerians, our administration has commenced the disbursement of the sum of N10.9 Billion to households and Micro, Small and Medium Enterprises as palliatives.”
President Buhari further revealed that his government has set up a N500 billion fiscal stimulus package and sustained delivery of humanitarian and social interventions to poor households. He added that the Central Bank of Nigeria has launched a N3.5 trillion-stimulus package to help local factories and thus discourage importation.
On the nation’s collaboration with the World Health Organisation in the fight against the virus, the president stated: “Nigeria will continue to partner with the WHO and some countries to ensure accelerated development and manufacturing, as well as uninhibited supply of safe and effective Coronavirus vaccines to all.”