President Tinubu Approves N50,000 Grant and N155bn Food Package for Nigerian Households”

President Bola Tinubu has launched the National Construction and Household Support Programme, aiming to boost agricultural productivity, strengthen the economy, and provide immediate relief for Nigerian households. Announced during the National Economic Council (NEC) meeting, the programme includes a N50,000 uplift grant for 100,000 families per state over three months and a N155 billion fund for purchasing and distributing assorted foodstuff nationwide. Additionally, significant infrastructure projects, such as the Sokoto-Badagry Highway and the Lagos-Calabar Coastal Highway, have been approved, alongside full counterpart financing for key railway segments. Each state and the Federal Capital Territory will receive N10 billion for the procurement of buses and implementation of the Compressed Natural Gas (CNG) uplift programme.

Elaborated Content:

Key Components of the Programme:

1. N50,000 Uplift Grant:
   • Each of Nigeria’s states will distribute N50,000 to 100,000 families monthly for three months.
   • The grant is aimed at providing immediate economic relief to households.
2. N155 Billion Food Security Package:
   • Aimed at addressing food security and affordability concerns.
   • The funds will be used to purchase and distribute assorted foodstuff across the nation.
3. Infrastructure Projects:
   • Sokoto-Badagry Highway:
     • A crucial project for agricultural sustainability.
     • This highway will connect seven states, forming part of Nigeria’s food belt.
   • Lagos-Calabar Coastal Highway:
     • An ongoing project aimed at enhancing connectivity and trade.
   • Trans-Saharan Highway:
     • Another major infrastructure project to improve transportation and commerce.
   • Railway Projects:
     • Full counterpart financing approved for the Port Harcourt-Maiduguri Railway.
     • Financing also approved for the Ibadan-Abuja segment of the Lagos-Kano Standard-Gauge Railway.
4. Compressed Natural Gas (CNG) Uplift Programme:
   • N10 billion allocated to each state and the Federal Capital Territory for the procurement of buses and implementation of the CNG uplift programme.
   • This initiative is part of efforts to transition to cleaner energy sources.

Support for Labour Unions and Civil Society:

• Provisions have been made to support labour unions and civil society organizations in their roles.

President Tinubu’s Call for Collaboration:

• Tinubu emphasized the importance of collaboration between state governors and the federal government.
• He highlighted the necessity of critical reforms and coordinated efforts to boost food production and meet the needs of the citizens.
• Tinubu assured support for mechanizing agricultural processes and providing high-quality seedlings and solar-powered irrigation facilitie.

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