#DidYouKnow

The @SurvivalFund_ng of @NigeriaGov includes the following components:

-Artisan Support Fund

-Payroll Support Fund for SMEs

-Business Formalisation (free CAC registration for small Biz)

-Guaranteed Off-take Stimulus Scheme for SMEs

#GovtAtWorkNG #CovidStimulus
Other Stimulus programs introduced by @NigeriaGov include:

-National Youth Investment Fund (NYIF)(N75 billion over 3 years)

-Ongoing Expansion of @npower_ng from present 500,000 to 1 million persons

-@cenbank credit intervention programmes in Agric, Healthcare, Manufacturing
“One of the specific interventions under the Economic Sustainability Plan (ESP) was what we describe as the Survival Fund, which essentially was a fund to protect jobs and to ensure that during the course of the pandemic and immediately thereafter, ..." - VP @ProfOsinbajo
"... informal workers in particular or private sector workers especially those in the informal sector, were at least able to continue to earn some wages." - VP @ProfOsinbajo

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More from @NGRPresident

25 Mar
STATE HOUSE PRESS RELEASE

OFFICE OF THE VICE PRESIDENT

PRESIDENT @MBuhari APPROVES RENEWAL OF @BPENigeria DG, ALEX OKOH, FOR ANOTHER 4 YEARS

#Thread Image
President Buhari has approved the renewal of the appointment of Mr Alexander Ayoola Okoh as Director-General @BPENigeria for a second term of 4 years in accordance with provision of Section 17 (1)(a) & (2)(a) of the Public Enterprise (Privatization & Commercialization) Act, 1999.
This renewal will take effect from 10th April, 2021.
Read 5 tweets
25 Mar
President @MBuhari today received letters of credence from the following Ambassadors/High Commissioners:

#AsoVillaToday
-High Commissioner of The Gambia, Mohamadou Musa Njie

-Ambassador of South Korea, Kim Young-Chae

-Amb of Slovak Republic, Tomas Felix

-High Comm. of Australia, John Gerard Donnelly

-High Comm. of Bangladesh, Md. Masudur Rahman

-Amb of Guinea Bissau, Jaao Ribeiro Butiam Co.
“I would like to lay emphasis on the need for us to come together to address and overcome our common challenges." - President @MBuhari
Read 13 tweets
25 Mar
"We not only implemented a new national minimum wage, but we also, last year, put forward legislation that ensured that minimum wage earners would pay no income tax." - Vice President @ProfOsinbajo
#GovtAtWorkNG
“We established the largest Social Investment Programme in Sub-Saharan Africa and we have since expanded many of its component programmes including @HUPcct for the poor from 2.6 million households (13m persons) to 7.2 million households (about 30m persons)." - VP @ProfOsinbajo
"... and COVID-19 Rapid Response for the Urban Poor which now has 4 million households (20 million persons).” - VP @ProfOsinbajo
Read 11 tweets
25 Mar
Hon. Minister of State for Petroleum Resources, @HETimipreSylva will brief the press on the imminent passage of the #PetroleumIndustryBill (PIB), and what it holds for the country. Noon today. #StateHouseBriefing

Watch Live on State House YouTube Page:
Apologies for the delay in kicking off. The briefing is now on:

#StateHouseBriefing #PetroleumIndustryBill
Present at the briefing: HMS @FMPRng, @HETimipreSylva; GMD @NNPCgroup, @MKKyari; and Executive Secretary of the Petroleum Technology Development Fund (PTDF), Dr. Bello Aliyu Gusau #StateHouseBriefing
Read 19 tweets
24 Mar
STATE HOUSE PRESS RELEASE

ALLEGED RIFT BETWEEN PRESIDENT BUHARI AND TINUBU; HANDIWORK OF CYNICS

The Presidency wishes to make it clear that there is no rift between President Muhammadu Buhari and his strong ally, Asiwaju Bola Ahmed Tinubu.

#Thread
The President and the Asiwaju have a very strong commitment to the All Progressives Congress, APC towards bringing CHANGE and this is a commitment they have made to the Nigerian people.
Recent reports of a rift between the two leaders of our party are false; the handiwork of some media mischief makers.
Read 9 tweets
22 Mar
President @MBuhari sends warm felicitations to renowned economist and philanthropist, @TonyOElumelu, on his 58th birthday, joining family and friends to rejoice with the entrepreneur, whose interests continue to create opportunities for growth and development in the country.
President Buhari commends the economist for his foresight and large-heartedness in setting up the Tony Elumelu Foundation @TonyElumeluFDN, which has consistently inspired highly talented African youths into entrepreneurship, ...
... helped many to acquire business skills, enhanced positive social networks and provided start-up funds, within the larger goal of reducing poverty.
Read 6 tweets

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