The Federal Government has shared plans to unveil an ‘economic emergency plan’, aimed to stabilize the nation’s economy and set it on a path of continued growth.
This was revealed by the minister of finance and coordinating minister of the economy Wale Edun during a meeting recently.
According to him, this plan is to ensure protection of the poor and the vulnerable at a time of heightened cost.
In His Exact Words,
“Mr President was committed to making sure nobody is left behind at a time of high inflation. So as we all know, as the chair of the presidential panel of social investment programs, the all-important direct payments to the poor, which is a veritable tool and the sharpest tool you can have for attacking increased living standards, for helping people immediately. That program has been restarted.
It involves helping at least 75 million Nigerians, 15 million households, with payment of N75 million in the immediate term. And in order to make sure that the public trust is there in this process, we have a system that has been developed between the Minister for Communications, Innovation and Digital Economy, the Minister for Health, the Minister for Youth, and so forth,” he said.
