17 May 2017

Nigeria: FG Spends N41 Billion On Social Investment Programme - Presidency

Abuja — The Presidency has said that as at the end of last month, the Buhari administration has spent a total sum of N41billion across all the 36 states and FCT implementing different aspects of the four Social Investment Programmes.

The spokesman of the acting president, Laolu Akande said over a million Nigerians are now beneficiaries, including, 57,234 interest free loans given to artisans and traders even as Acting President has ordered urgent expansion of the programme to reach significantly more beneficiaries soon.

According to him no less than 25 million meals have been served under the National Homegrown School Feeding Programme, (SIP), of the Buhari administration, even as the Presidency is now implementing a huge ramp up of the Social Investment Programmes as directed by Acting President Yemi Osinbajo.

"A breakdown of the total number of meals served show that 1,051, 619 million primary school pupils are now being fed across the seven states of Anambra, Ebonyi, Enugu, Ogun, Osun, Oyo, and Zamfara states. No less than 11,847 cooks have also been employed. Altogether 8,587 schools are involved in those states.

"Indeed possibly, later in the week, more meals will be served as Delta and Abia states are now ready to be paid under the federal government school feeding scheme. "Specifically, Delta State is expected to receive soon, a sum of N63, 366, 100 to start the feeding of 90, 523 primary school pupils. In the same vein, Abia State is also expected to receive N42, 921, 200.

"Besides, Kaduna State has now been repaid N3.4billion for its past expenses implementing the food programme ahead of federal government's roll-out."

He pointed out that a breakdown of the over N41billion so far spent on the SIPs, N-Power, which is the job programme for unemployed graduates has received N26.418 billion, being the single largest spending item out of the four social investment programmes under the 2016Appropriation.

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