Our economy is going through a tough patch and you are being hurt by it. The cost of fuel has gone up. Food and other prices have followed it.
Households and businesses struggle. I understand the hardship you face. I wish there were other ways. But there is not. If there were, I would have taken that route as I came here to help not hurt the people and nation that I love.
N200 billion out of the N500 billion approved by the NASS will be disbursed as FG:
- N50 billion each to be invested to cultivate 150,000 hectares of rice & maize.
N50 billion each will also be earmarked to cultivate 100,000 hectares of wheat & cassava.
N50 billion Conditional Grant to 1 million nano businesses between now and March 2024.
Our target is to give N50,000 each to 1,300 nano business owners in each of the 774 local govt across the country.
We are also providing 225,000 metric tonnes of fertilizer, seedlings and other inputs to farmers.
We will fund 100,000 MSMEs and start-ups with N75 billion. Under this scheme, each enterprise promoter will be able to get between N500,000 to N1million at 9% interest per annum and a repayment period of 36 months.
N50 billion Conditional Grant to 1 million nano businesses between now and March 2024.
Our target is to give N50,000 each to 1,300 nano business owners in each of the 774 local governments across the country.
To strengthen the manufacturing sector, we are going to spend N75 billion between July 2023 and March 2024.
Our objective is to fund 75 enterprises with great potential to kick-start a sustainable economic growth.
We have saved over a trillion Naira In a little over two months, that would have been squandered on the unproductive fuel subsidy which only benefitted smugglers and fraudsters.
We have made provision to invest N100 billion between now and March 2024 to acquire 3000 units of 20-seater CNG-fuelled buses.
These buses will be shared to major transportation companies in the states, using the intensity of travel per capital.
Companies will be able to access credit under this facility at 9% per annum with 60 months repayment period.
I want to tell our workers this: your salary review is coming…
@official_otblogger
N200 billion out of the N500 billion approved by the NASS will be disbursed as FG:
- N50 billion each to be invested to cultivate 150,000 hectares of rice & maize.
N50 billion each will also be earmarked to cultivate 100,000 hectares of wheat & cassava.
N50 billion Conditional Grant to 1 million nano businesses between now and March 2024.
Our target is to give N50,000 each to 1,300 nano business owners in each of the 774 local govt across the country.
We are also providing 225,000 metric tonnes of fertilizer, seedlings and other inputs to farmers.
We will fund 100,000 MSMEs and start-ups with N75 billion. Under this scheme, each enterprise promoter will be able to get between N500,000 to N1million at 9% interest per annum and a repayment period of 36 months.
N50 billion Conditional Grant to 1 million nano businesses between now and March 2024.
Our target is to give N50,000 each to 1,300 nano business owners in each of the 774 local governments across the country.
To strengthen the manufacturing sector, we are going to spend N75 billion between July 2023 and March 2024.
Our objective is to fund 75 enterprises with great potential to kick-start a sustainable economic growth.
We have saved over a trillion Naira In a little over two months, that would have been squandered on the unproductive fuel subsidy which only benefitted smugglers and fraudsters.
We have made provision to invest N100 billion between now and March 2024 to acquire 3000 units of 20-seater CNG-fuelled buses.
These buses will be shared to major transportation companies in the states, using the intensity of travel per capital.
Companies will be able to access credit under this facility at 9% per annum with 60 months repayment period.
I want to tell our workers this: your salary review is coming…
@official_otblogger
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