1.6 million poor households paid N10,000 stipend bimonthly – FG - News Summed Up

1.6 million poor households paid N10,000 stipend bimonthly – FG


The regime of the President, Major General Muhammadu Buhari(retd), on Monday claimed that a total of 1.6 million poor households benefited from a bimonthly payment of N10,000 each as part of the regime’s plan to mitigate suffering among the citizens. The National Social Register of Poor and Vulnerable Nigerians now has 32.6 million persons from more than seven million poor and vulnerable households, identified across 708 local government areas, 8,723 wards and 86,610 communities across the 36 states of the country and the FCT. “Not forgetting the Housing Sector, The Family Homes Fund Limited incorporated by the Federal Government of Nigeria in September 2016, is the implementing agency for the Buhari regime National Social Housing scheme. “More than 2,000 hectares of land with titled documents have been given by 24 states under the Buhari regime Social Housing Programme, which can accommodate about 65,000 new homes. “Under the National Social Housing programme, Nigerians will be given at least 15 years with a monthly payment at a six per cent interest rate to pay for each housing unit.


Source: Punch May 02, 2023 13:01 UTC



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