Subsidy Removal: Makinde announces economic recovery plan for Oyo residents

  • 📰 PremiumTimesng
  • ⏱ Reading Time:
  • 61 sec. here
  • 3 min. at publisher
  • 📊 Quality Score:
  • News: 28%
  • Publisher: 78%

Nigeria Headlines News

Nigeria Latest News,Nigeria Headlines

Mr Makinde then directed the state civil servants, who have been protesting since Monday, to resume their duties on Monday.

has announced his administration’s short-term plans to mitigate the effects of the fuel subsidy removal on residents of the state.

He promised that his government would pay the two months’ deductions owed the workers with their August salary.“Our government remains open to parleying with labour to ensure that the rights of the workers of Oyo State are protected.“The union leaders should return to the negotiating table to discuss any increases in salary or possible harmonisation of pension payments,” the governor stated.

“In reaching these decisions, we considered the importance of using these economic packages to stimulate our economy and bring about sustainable development,” Makinde stated. He stated that under the SAfEr package, agro-preneurs trained under the Youth Entrepreneurship in Agribusiness Project , who have established agric-businesses, would receive enterprise support of N500 million.

”They will be provided with food relief packages and 100,000 health insurance packages will be rolled out for the vulnerable in the society. “We will be providing health insurance for 100,000 of our most vulnerable citizens. We will be paying their one-year health insurance premium under the Oyo State Health Insurance Agency scheme so that they have access to quality healthcare without paying out of pocket.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 3. in NG

Nigeria Latest News, Nigeria Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Subsidy removal: Makinde rolls out palliative measures, unveils 'SAfER' package for Oyo residents | TheCableSeyi Makinde, governor of Oyo, has rolled out palliative measures to cushion the impact of the petrol subsidy removal and the rising cost of living on the residents of the
Source: thecableng - 🏆 2. / 80 Read more »

Fuel Subsidy Removal: Ondo government unfolds palliative packageThe state government will provide free rides on shuttle buses, abolish hospital registration, consultation fees.
Source: PremiumTimesng - 🏆 3. / 78 Read more »

UPDATED: Subsidy Removal: Tinubu wants minimum wage doubled - SpokespersonNigeria currently has a N30,000 minimum wage. However, many states do not currently pay up to the minimum wage.
Source: PremiumTimesng - 🏆 3. / 78 Read more »

Subsidy removal: Tinubu wants to double current minimum wage, says Ajuri Ngelale | TheCableAjuri Ngelale, special adviser to President Bola Tinubu on media and publicity, says his principal wants to 'double' the current national minimum wage.
Source: thecableng - 🏆 2. / 80 Read more »

Fuel subsidy removal pushed me into crime -Lagos e-hailing driver“This is not a good place for a responsible child to be. It was not the government. Before I was doing my normal e-hailing ride and then I cou
Source: MobilePunch - 🏆 8. / 63 Read more »

PHOTOS: World Bank president meets Tinubu, says subsidy removal 'right thing to do' | TheCableAjay Banga, World Bank president, has commended President Bola Tinubu for his early macro-fiscal reforms and commitment to economic stability.
Source: thecableng - 🏆 2. / 80 Read more »