Democracy Speech: We Disbursed N5,000 To 1 million Nigerians During Pandemic – Buhari

2 months ago Dammylink 0

President Buhari in his democracy day speech said, in the last one year, Nigeria and the whole world faced COVID-19 for which no one was fully prepared.

Our response to the pandemic involved making hard choices in balancing livelihoods and public health concerns.

You are all living witnesses to how successful this has been due to a number of pro-active measures put in place.

Our response to COVID-19 is globally acclaimed. We were able to ensure that the various lockdown measures did not impact too negatively on the ability of ordinary Nigerians to continue sustaining their livelihoods.

During the pandemic, we disbursed N5,000 to 1 million Nigerians using a Rapid Response Register and advanced N20,000 to 750,000 beneficiaries of the Conditional Cash Transfer Progamme and provided 1.37 million Nigerians with palliatives from CACOVID.

At the same time the Federal Government released 109,000 metric tonnes of food reserve stocks and 70,000 metric tonnes of grains to the poor and vulnerable in all 36 states of the federation.

In addition, Government reduced interest rates from 9% to 5% for struggling businesses and extended credit facilities to 548,345 beneficiaries.

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