FG spends N109b on social investment programmes, says Presidency

Nigerian President Muhammadu Buhari. Photo: Reuters

The Federal Government has spent a total of N109 billion on its National Social Investment Programmes (NSIP), says the Presidency.

In a statement by the Senior Special Assistant to the Vice President on Media and Publicity, Mr. Laolu Akande, yesterday, the Presidency disclosed that while a total of N900b was appropriated for the SIPs in 2016 and 2017, N500b was appropriated for 2016 and N400b for 2017.

He explained that the amount released, was however, N110b for 2016 and 2017, with the total expenditure put at N109b.

Giving further breakdown of the N109b released between October 2016 and November 2017 for the SIPs, Akande disclosed that the Government Enterprise Empowerment Programme (GEEP) expenditure was N11,700,200,466, while the Conditional Cash Transfer (CCT) was N5, 235,401,087.

He added that between October 2016 and November 2017, N22, 370,719,017 was expended on the Home Grown School Feeding Programme (HGSFP), while N69,731,256,122 was spent on N-power, which is the job creation component of the SIP, within the same period.

The Presidency explained that it currently provides food to 6,044,625 pupils in 33,981 public primary schools across 20 states under the National Home Grown School Feeding Programme (NHGSFP), stressing that more states would be added to the programme this year.

“The NHGSFP plans to implement feeding in a total of 28 states, while it aims to link farmers to school feeding markets,” he said, adding that over 246 million meals have been served to primary pupils across 20 states, since the first was served in December 2016.

According to Akande, the total figure is expected to reach 313,928,420 meals by the last week of February 2018.

He explained that several milestones were recorded by the administration’s NSIP in 2017, in line with its inclusive growth plan, which is tackling poverty and hunger, and creating jobs for Nigerians, among others.

Receive News Alerts on Whatsapp: +2348136370421

No comments yet