Tinubu Approves N50,000 Grant & N155bn Food Package for Households

President
President The nation

President Bola Tinubu has approved the National Construction and Household Support Programme to boost agricultural productivity, strengthen the economy, and provide immediate economic relief for Nigerian households.

The programme, which was supported by the National Economic Council (NEC), includes financial allocations and infrastructure projects across all geo-political zones in the country.

A key component is the approval of a N50,000 uplift grant to be distributed to 100,000 families per state for three months. An additional N155 billion has been earmarked for the purchase and distribution of assorted foodstuff across the nation to address food security and affordability concerns.

The programme will also fund infrastructure projects, including the Sokoto-Badagry Highway, the ongoing Lagos-Calabar Coastal Highway, and the Trans-Saharan Highway.

Tinubu also approved full counterpart financing for the Port Harcourt-Maiduguri Railway and the Ibadan-Abuja segment of the Lagos-Kano Standard-Gauge Railway.

Furthermore, the NEC approved the allocation of N10 billion to each state and the Federal Capital Territory for the procurement of buses and implementation of the Compressed natural gas uplift programme. Provisions were also made for labour unions and civil society organizations.

During the NEC meeting, Tinubu urged state governors to collaborate in meeting the needs of citizens and boosting food production in the country.

He emphasized the need for coordination and intentionality between members of the NEC to support the mechanization of agricultural processes and the provision of high-quality seedlings, as well as solar-powered irrigation facilities to support farmers across seasons.

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