Yes, a loan, not “dash” —but doesn’t take away from fact that it’s been an important lifeline for many. There are many here on Twitter who benefited; might not announce it (for various reasons, some understandable), but that people keep quiet doesn’t mean they haven’t benefited.
The @cenbank also in March announced a 100 Billion Naira Healthcare Industry Intervention Facility - specifically to help them respond better to the opportunities thrown up by Covid-19. Disbursements ongoing. Page 4 of the most recent MPC communique (No 131) highlights this.
Recruitment is ongoing for 774,000 Nigerians (1,000 per LGA; unskilled labour) for what will be the largest public works Programme Nigeria has ever seen. - road works, sanitation, construction etc. Three months in the first phase, Oct to December 2020. Monthly stipend of N20,000.
In one of his Covid-19 speeches, PMB directed implementation of a 3-month repayment moratorium on all @geep_ng loans, & all @NigeriaGov-funded loans issued by BOI,BOA,NEXIM
@geep_ng also say they’ve disbursed palliative loans to 87,000 petty traders in 20 States. Target is 500k.
@geep_ng also say they’ve disbursed palliative loans to 87,000 petty traders in 20 States. Target is 500k.
.@NHGSFP implemented a MODIFIED version of the School Feeding Programme that saw dry food rations (rice, beans,eggs, tomato paste, salt) given to HOUSEHOLDS/PARENTS of a selection of benefiting pupils in Ogun, Lagos, FCT (early frontline Covid states).
.@NigeriaGov in July announced a stimulus package for the Broadcast Industry, involving debt forgiveness (60% forgiveness on outstanding licensing fees - amounting to billions of Naira), and a 30% discount going forward on license fees for all Open Terrestrial Radio/TV.
When pandemic began, the National Social Register (NSR) contained details of about 2.6 million poor and vulnerable households (=11m individuals) across 34 States & FCT.
Following PMB’s directive to rapidly expand NSR, as at June 30 it’d grown to 3.7 million (=15.5m individuals)
Following PMB’s directive to rapidly expand NSR, as at June 30 it’d grown to 3.7 million (=15.5m individuals)
