FG directs imediate release of N65bn for Social Investment Programme

The Minister of State for Budget and National Planning, Zainab Ahmed says the Federal Government has directed that the sum of N65bn be released immediately for the take-off of its National Social Investment Programme.

Mrs. Ahmed made the announcement on Wednesday while addressing State House correspondents after the Federal Executive Council meeting presided over by President Muhammadu Buhari.

She stated that N65bn was part of the N150bn approved by the steering committee.

She said, “On the social investment Programme, what we are doing today is to tell Nigerians that the programme is starting.

“We have approval from the steering committee in sum of N150bn.

“So far N25 billion has been released into the account and there is another N40bn that is in the process of being released into the account.

“Remember we said implementation would be done in stages as the states are ready for each of the programme they are added into each of the scheme.

“The School Feeding Programme has started in some states like Kaduna and Osun. The Federal Government is only adding its resources to it.

“The Federal Government will handle from primary 1 to 3 while the states will handle from 4 to 6.

“The ministry presented a memo to council for notation and implementation on the progress of national roll out of the social investment programme.”

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