The federal government of Nigeria has commenced fulfilling one of its campaign promises as the President Muhammadu Buhari-led administration started paying the poorest citizens and unemployed youths monthly allowance across the country in March.
Making this disclosure in Abuja, was Nigeria’s vice president, professor Yemi Osinbajo, who stated that the unemployed youth as well as the poor Nigerians have started pocketing the promised monthly allowance of N5,000 only.
The Vice President continues, “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.
“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,” Osinbajo explained.
He reiterated that some unemployed Nigerians are yet to submit their Government-issued means of Identification, Bank Account details, Phone numbers and BVN.