FG Approves N110bn for Social Investment Program

FG
FG Approves N110bn for Social Investment of the aggregate N900 billion affirmed in 2016 and 2017 spending plans to support its social venture program has been discharged.

It additionally said more than 246 million dinners had been offered to grade school understudies crosswise over 20 of the 36 conditions of the alliance since December 2016, under the National Home Grown School Feeding Program.


An announcement by Vice President Yemi Osinbajo's representative, Mr. Laolu Akande, said the aggregate number of the dinners is relied upon to ascend to 313.9 million in the most recent seven day stretch of February, 2018.

Akande said more states are additionally anticipated that would be added to the bolstering plan this year, adding that the plan intends to execute sustaining in a sum of 28 states, while it goes for connecting ranchers to class nourishing markets.

"In a similar vein, a few breakthroughs were recorded by the Buhari organization's National Social Investment Programs (NSIP) in 2017, in accordance with its comprehensive development design, which incorporates handling neediness and hunger, and making employments for Nigerians.

“About 40,000 direct jobs have since been created from the School Feeding Programme across the participating states. The 20 states that have so far been covered by the NHGSFP include Anambra, Enugu, Oyo, Osun, Ogun, Ebonyi, Zamfara, Delta, Abia, Benue, Plateau, Bauchi, Taraba, Kaduna, Akwa-Ibom, Cross River, Imo, Jigawa, Niger, and Kano.

“Also, in 2017, the school feeding programme collaborated with the Federal Ministry of Health to deliver an integrated deworming programme for pupils in all public primary schools classes 1 to 6 across 17 states nationwide.

“Meanwhile, the school feeding programme now has a social media-based quality assurance tracking system, #TrackWithUs, ensuring that required standards for menu for pupils and meal distribution are adhered to across the states in a transparent manner,” the statement said.

According to him, conditional cash transfer (CCT) under the investment programme has so far recorded over 280,000 beneficiaries in 21 states, while about 300,000 government enterprise empowerment programme (GEEP) micro-credit, interest-free loans had also been disbursed nationwide.

He also added that in 2017, the N-power scheme, which he said was targeted at providing jobs for unemployed young graduates, started its physical verification process for the 2017 applicants.

 Furthermore, he said in 2018, more beneficiaries are expected to be added to about 200,000 young graduates currently employed under the scheme.

Akande recalled that a total of N900 billion was appropriated for the social investment programme in 2016 and 2017; with N500 billion appropriated for 2016 and N400 billion appropriated for 2017.

 Giving a breakdown of the N109 billion released from N900 billion budget in 2016 and 2017, he said: “The GEEP expenditure was N11,700,200,466, while the CCT gulped N5,235,401,087.

“In the same vein, between October 2016 and November 2017, N22,370,719,017 was expended for the Home-grown School Feeding Programme (HGSFP); while N69,731,256,122 was expended on N-power, which is the Job Creation component of the SIP, during the same period,” he stated.

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