FG To Pay Unemployed Graduates N5000 Monthly

Filed in Akwa Ibom State University by on June 15, 2015 0 Comments

Cheering news has it that the federal government at the weekend declared that there are ongoing plans to implement one of its striking campaign promises that it will pay N5000 each to unemployed graduated and  poorest Nigerians across the country.

Vice President Yemi Osinbajo who gave the hint noted that government is “currently evaluating the best ways to collapse existing cash transfer and social welfare schemes to ensure consistency and alignment.

“Once this is completed, we will implement the first phase of this program, using recognized identification platforms and transparent payment solutions”, he added.

Osinbajo who disclosed this at the 10th Year Anniversary Lecture of Crescent University, Abeokuta, Ogun State titled, ‘The Nigerian Economy and the Future’, also said the federal government has identified the weak transmission grid, which prevents the wheeling of more than 5,000MW as a gridlock to be removed.

He assured that the Buhari administration would work with the distribution companies to ensure the necessary investment to get electricity to consumers is in place.

On the pervasive poverty ravaging the country, Osinbajo said the payment of N5000 each to poor Nigerians was necessary because “we cannot talk about the economy of the future without addressing how we move people out of poverty.

“One of the most striking promises we made during the campaign was the payment of Five Thousand Naira to the poorest Nigerians across the country”, he noted, even as he regretted that today, “about 112 million (66% of Nigerians) are deemed extremely poor, measured by World Bank parameter of those living on less than US$1.25 per day.”


» Buy & Download Original Post UTME Past Questions and Answers (Up-to-Date):

» Get your Original JAMB Admission Letter : Click here to Apply!

» Get your JAMB Result Slip with your passport on it: Click here to Apply!

» JAMB Change of Institution/Course: Click here to learn more!

Share this information with friends


myPastQuestion.com Products and Services:

  • Post UTME Past Questions = from N1,000
  • JAMB Past Questions = N1,500
  • WAEC/NECO Past Questions = N500 per subject
  • Junior (JS33) Past Questions = N1,000 per subject
  • All Scholarship Past Questions = N2,000
  • JUPEB Past Questions = N2,000
  • NDA Past Questions = N2,000
  • NPA Past Questions = N1,500
  • Job Interview Past Questions = N2,000
  • JAMB Original Result = N2,200
  • JAMB Admission Letter = N2,200
  • JAMB Result Checker Card = N2,000
  • WAEC Result Checker Card = N800
  • NECO Result Checker Card = N800
  • Post UTME Success Guide (eBook) = N1,000
  • JAMB CBT Success Guide (eBook) = N1,000
  • Creation of Blogs = N10,000
If you need any of these products or services listed above, Pay to Account: Ifiokobong Ibanga 2003316090 Zenith bank PLC,
AD: Online Shopping - Electronics, Phones, Laptops - ShopDirect.NG

Information is Power! Don't miss any information about your examination or your school because of lack of timely updates. The best thing you should do is to Register for FREE Email Alert! by Mail


About the Author ()

myPastQuestion.com is the largest past question database for all types examination in Nigeria. We have Post UTME Past Questions for all Universities, Polytechnics and Colleges of Education. We also have JAMB CBT Software, Scholarships Past Questions, WAEC and NECO Past Questions. If you need any past question, contact us via mail4ifiokobong@gmail.com. Follow Ifiokobong Twitter and share what you love most.

Leave a Reply

Your email address will not be published. Required fields are marked *

Hello Budy! plugin is activated, now you need to set option from Settings -> Sticky Header/Footer menu