Friday, 27 March 2020

SANWO-OLU ROLLS OUT ECONOMIC STIMULUS FOR RESIDENTS, TARGETS 200,000 HOUSEHOLDS IN FIRST PHASE

Few days after the Lagos State Government issued a stay-at-home directive to residents, in order to curtail the spread of the novel coronavirus, Governor Babajide Sanwo-Olu has unveiled economic stimulus package for the indigent and the most vulnerable in the society.



The stimulus, which comes in food packs, to be distributed to every local government in the State is aimed at cushioning the effect of the fourteen days stay-at-home directive.

Speaking after an on-the-spot assessment of one of the State-owned food banks, located inside the premises of the Ministry of Agriculture and Cooperatives in Agege, Sanwo-Olu said the economic stimulus will reduce the burden of the temporary economic downturn on the citizens caused by the outbreak of COVID-19.







The Governor said the food packs, which were put together by the Ministry of Agriculture and Cooperatives will reach the most vulnerable communities and households across Lagos, saying that the indigents who rely on daily wages will be given priority.

He said: ‘‘We are here for an on-the-spot assessment, of our readiness, to see how we can fast track some of our stimulus package for our citizens. We are all aware that this is a trying time for our citizens and since the partial drop in economic activities, our government deemed it necessary to reach out to the vulnerable ones in the society. These people are those that fall below the pyramid, the aged and the physically challenged who need to move from one part of the city to another for them to have a living. We felt that as a government, the least we can do is to identify them and give them these stimulus packages immediately.’’ The Governor stated that the package will touch at least 200,000 thousand households in the first phase, saying the food packs are produced for a size of six people per household and would last for at least fourteen days.
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