• Home
  • About
  • Privacy Policy
  • Contact
  • News
  • Politics
  • Business
  • Technology
  • Health
  • Sports
  • Entertainment
  • Product Reviews
  • How To’s
No Result
View All Result
MondayNuggets
No Result
View All Result

President Tinubu Approves N50,000 Grant and N155 Billion Food Package for Households

Monday Yakubu by Monday Yakubu
June 28, 2024
in Business
0

President of Nigeria, Bola Ahmed Tinubu

President Bola Tinubu has launched the National Construction and Household Support Programme, aimed at boosting agriculture and providing economic relief to Nigerian households. The program was announced during a National Economic Council (NEC) meeting in Abuja.

Presidential spokesman Ajuri Ngelale stated, “The programme is designed to enhance agricultural productivity, strengthen the economy, and offer immediate financial aid to households.”

A significant part of the program is a N50,000 grant for 100,000 families in each state for three months. Additionally, N155 billion has been allocated for buying and distributing food nationwide to address food security and affordability.

Ngelale also mentioned infrastructure projects included in the program, such as the Sokoto-Badagry Highway and ongoing projects like the Lagos-Calabar Coastal Highway and the Trans-Saharan Highway. President Tinubu also approved funding for the Port Harcourt-Maiduguri Railway and the Ibadan-Abuja segment of the Lagos-Kano Standard-Gauge Railway.

Related Stories

  • Tinubu-Led Administration Approves Selling of Crude Oil to Dangote Refinery in Naira
  • President Tinubu Approves 50% Electricity Subsidy for Public Hospitals and Educational Institutions

Each state and the Federal Capital Territory will receive N10 billion to purchase buses and implement the Compressed Natural Gas uplift program. The program also makes provisions for labor unions and civil society organizations.

President Tinubu emphasized the importance of state collaboration in addressing citizens’ needs and increasing food production.

He said, “Our states must work together to deliver on the critical reforms required of us to meet the needs of our people. Time is humanity’s most precious asset. You can never have enough of it. It is getting late.”

He added, “We are ready and able to support you in the form of the mechanization of your agricultural processes and the provision of high-quality seedlings. We are prepared to provide solar-powered irrigation facilities to support our farmers across seasons, but we must now produce. We must produce the food our people eat, and it will require coordination and intentionality between members of the National Economic Council (NEC).”

President Tinubu urged the governors to report back within seven days after consultations on the program’s implementation.


Tags: FoodGrantHouseholdsPackagePresidentTinubu

Related Posts

Business

Dangote Says NNPC Refineries May Never Work Again

July 11, 2025
Business

Five Banks Reach CBN Recapitalisation Target Before Deadline

July 7, 2025
Business

Petrol Marketers Refuse to Cut Prices Despite Dangote’s Reduction

July 2, 2025
Business

Nigerians Earning Below N250,000 Monthly Will Not Pay Income Tax – Oyedele

June 27, 2025
Business

Telegram CEO Durov to Share $17 Billion Fortune with 106 Children

June 20, 2025
Business

Dangote Refinery to Export First Petrol Cargo to Asia

June 19, 2025
Load More

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Mondaynuggets

© 2024 MondayNuggets.

The best sites to buy Instagram followers in 2024 are easily Smmsav.com and Followersav.com. Betcasinoscript.com is Best sites Buy certified Online Casino Script. buy instagram followers buy instagram followers Online Casino

Navigate Site

  • News
  • Politics
  • Business
  • Technology
  • Health
  • Sports
  • Entertainment
  • Product Reviews
  • How To’s

Connect With Us on Social Media

No Result
View All Result
  • News
  • Politics
  • Business
  • Technology
  • Health
  • Sports
  • Entertainment
  • Product Reviews
  • How To’s

© 2024 MondayNuggets.