ICYMI: FG spends N470.8 billion on SIP in two years - The Nation Newspaper

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ICYMI: FG spends N470.8 billion on SIP in two years

The four-broad programmes are the N-Power, Conditional Cash Transfers, National Home-Grown School Feeding and Government Enterprise and Empowerment Programmes .She said from 2016 till date, the Federal Government budgets an annual sum of 500 billion naira for social investment, however, in 2016 only N79.98 billion was released.

“ Nigeria is fast on its way to becoming the leader in Africa in the National Home-Grown School Feeding Programme, by feeding over 9.7 Million pupils and still counting. “For TraderMoni, petty traders are given a loan of N10,000 and upon repayment within six months, the beneficiary becomes eligible for a larger amount, at which point they must open an bank account,’’ she said.

Source: News Formal (newsformal.com)

 

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