“Setting up a Poverty Reduction with Growth Strategy Implementation Committee, chaired by the Vice President, to contribute to the presidential vision of lifting 100 million Nigerians out of poverty within a decade.
The APC group noted further that the President approved a series of Central Bank of Nigeria stimulus interventions, including a stimulus support package for individuals and households, which has seen total disbursements of more than 400 billion Naira so far, to over 600,000 beneficiaries. “Approving the take-off of the 75 billion Naira National Youth Investment Fund which is funding youth-led businesses, as well as the Jubilee Fellows Programme which will place 20,000 University graduates in work-preparation/career-development internships annually.
“Approving a repayment moratorium for all Social Investment Programme microcredit loans , and all Federal Government funded loans issued by the Bank of Industry, Bank of Agriculture and the Nigeria Export Import Bank,” it added.
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