• Home
  • News
  • Politics
  • Business
  • Entertainment
  • Education
  • Health
  • Opinion
  • Sports
  • About
  • Advertise
  • Privacy Policy
Monday, May 12, 2025
  • Login
No Result
View All Result
NEWSLETTER
Elanza News
  • Home
  • News
  • Politics
  • Business
  • Entertainment
  • Education
  • Health
  • Opinion
  • Sports
  • About
  • Advertise
  • Privacy Policy
  • Home
  • News
  • Politics
  • Business
  • Entertainment
  • Education
  • Health
  • Opinion
  • Sports
  • About
  • Advertise
  • Privacy Policy
No Result
View All Result
Elanza News
Home News

Bold Moves To Enhance Nigeria’s Social Welfare System

Tambaya Julius by Tambaya Julius
July 21, 2023
in News
0
Bold Moves To Enhance Nigeria’s Social Welfare System
0
SHARES
0
VIEWS
FacebookTwitterWhatsappEmailTelegram

By Tambaya Julius, Abuja

The National Economic Council (NEC) made a significant decision on Thursday, voicing its lack of trust in the National Social Investment Register, which existed under former President Muhammadu Buhari’s administration.

RelatedPosts

Water Problem in Sokoto – A Long-term  Recurring Decimal

Netanyahu Rejects Ceasefire Amid Planned Hostage Release by Hamas

Southern Kaduna Professors Commit to Collaborative Efforts To Address Insecurity

The council, led by Vice President Kashim Shettima, disclosed its concerns during a crucial meeting held in Abuja.

As a result, NEC put forward an alternative approach, proposing the implementation of a state-based cash transfer program, utilizing credible social registers, and introducing a cash reward policy for public servants, all set to run for a period of six months.

During the extensive five-hour session at the Aso Rock Presidential Villa, numerous resolutions were made.

Among them, it was agreed that state governments should distribute food items, grains, and fertilizers at the rates they acquired them from the National Emergency Management Agency.

Additionally, the council urged states to focus on energy transition plans within the transport sector, demonstrating their commitment to environmental sustainability and a greener future.

President Bola Tinubu had previously revealed a plan for a monthly N8,000 transfer to 12 million of Nigeria’s poorest households for six months, as a measure to mitigate the impact of fuel subsidy removal.

In a media briefing, Governor of Anambra State, Chukwuma Soludo, highlighted that all members of the National Economic Council unanimously endorsed the decision for states to create their own registers using both formal and informal means.

This approach ensures the easy identification of beneficiaries at the subnational level, providing greater accuracy and efficiency.

ALSO READ:  Sierra Leone: Inhaling Human Bones Prompt Friends Of The Dead Formation

Soludo emphasized, “We need to face the problem of the fact that we don’t have a credible register,” signifying the urgency to address existing challenges.

The council also sought ways to alleviate the hardships caused by the recent removal of petrol subsidies.

Consequently, they reached an agreement on the payment of outstanding liabilities, including pensions and gratuities, for public servants, aiming to provide relief and support during these trying times.

In line with promoting economic growth and stability, the government intends to allocate funds to support micro, small, and medium enterprises, offering them financial assistance with single-digit interest rates, fostering their development and contribution to the nation’s economy.

The NEC’s decisions mark a bold step towards enhancing Nigeria’s social welfare system, aiming to ensure credibility, efficiency, and targeted support for those in need.

As the nation charts a new course, these initiatives hold promise for a brighter and more inclusive future.

Tags: and medium enterprisesCash Transfer ProgramsNational Economic CouncilNational Economic CouncilCash transfer programSocial registersFuel subsidy removalMicroNECPresident buharismall
Tambaya Julius

Tambaya Julius

Julius is a journalist, a BSc Holder in Mass Communication.

Related Posts

Water Problem in Sokoto – A Long-term  Recurring Decimal

Water Problem in Sokoto – A Long-term  Recurring Decimal

by Nathaniel Irobi
May 12, 2025
0

By Muhammad Sajo Setting politics aside, we must acknowledge the harsh reality: the Sokoto State Government struggles to provide sufficient...

Netanyahu Rejects Ceasefire Amid Planned Hostage Release by Hamas

by Nathaniel Irobi
May 12, 2025
0

Israeli Prime Minister Benjamin Netanyahu has affirmed that there will be no ceasefire in return for the release of a...

Southern Kaduna Professors Commit to Collaborative Efforts To Address Insecurity

Southern Kaduna Professors Commit to Collaborative Efforts To Address Insecurity

by Nathaniel Irobi
May 12, 2025
0

By Amos Tauna, Kaduna Professors from Southern Kaduna in Kaduna State have pledged their commitment to working both individually and...

Recommended

Patience Jonathan Announces Campaign Support for Tinubu’s 2027 Re-election

Patience Jonathan Announces Campaign Support for Tinubu’s 2027 Re-election

1 day ago
Buni’s Strong Security Pledge Boosts Hope In Northeastern Nigeria

Buni’s Strong Security Pledge Boosts Hope In Northeastern Nigeria

2 days ago

Popular News

  • ZangoKataf/Jaba 2027: Gen. Gora Receives Overwhelming Support From Jaba LGA

    ZangoKataf/Jaba 2027: Gen. Gora Receives Overwhelming Support From Jaba LGA

    0 shares
    Share 0 Tweet 0
  • New Dawn In Southern Kaduna As Professors Welcome Federal Interventions

    0 shares
    Share 0 Tweet 0
  • Southern Kaduna Professors Commit to Collaborative Efforts To Address Insecurity

    0 shares
    Share 0 Tweet 0
  • Water Problem in Sokoto – A Long-term  Recurring Decimal

    0 shares
    Share 0 Tweet 0
  • NIN: Government Raises Date of Birth Update Fee by 75% to N28,574

    0 shares
    Share 0 Tweet 0

Connect with us

Facebook Instagram Twitter Youtube
Elanza logo

Elanza News is your NO 1 online platform for all news update.
#SayNoToFakeNews
Contact Us

Category

  • Arts & Literature (25)
  • Business (700)
  • Education (207)
  • Entertainment (305)
  • Health (182)
  • National (1,999)
  • News (7,565)
  • Opinion (278)
  • Politics (1,539)
  • Science (15)
  • Security (402)
  • Sports (407)

Newsletter

© 2023 Elanza News - The No 1 online news platform

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
No Result
View All Result
  • Home
  • Politics
  • Business
  • Science
  • National
  • Entertainment
  • Sports
  • Health

© 2023 Elanza News - The No 1 online news platform