Just In: Finally FG Tables N500bn Palliative Packages For Nigerians

It seems the Federal Government is listening to the yearning of Nigerians. The Government has tabled the N500bn palliative package to the National Assembly for speeding approval.

According to the News Agency of Nigeria, the Minister of Finance, Mrs Ahmed has submitted an Executive proposal to the National Assembly to establish an N500 billion COVID-19 Crisis, Intervention Fund.

“What we are proposing is an establishment of an N500 billion COVID-19 Crisis Intervention Fund,” the minister told the parliamentary leaders.

“This Fund that we are proposing, that should be created, will involve mopping up resources from various special accounts that the government, as well as the Federation, have, to be able to pull this N500 billion,” the minister said.

“Our general view is that this crisis intervention fund is to be utilised to upgrade healthcare facilities as earlier identified.

“The Federal Government also needs to be in a position to improve health care facilities not only in the states but to provide intervention to the states,” Mrs Ahmed said.

“We know that there will be a need for the parliament to agree and approve the taking of loans from these special accounts and we will be coming back with a proposed Bill in that regard that will define what the fund will be used for,” the minister said.

“Just like we told Nigerians when there is need for us to meet or to take legislative action in support of ensuring that the government responds appropriately to developments issues and challenges in the country, we will do so.

“This meeting, the second in the series after we shut down the National Assembly for two weeks, is a clear testimony of what we have said.

“Governance requires that we work together, so we want to listen to those things that you have on your side and how we can also play our constitutional role in ensuring that Nigerians continue to benefit from governance and how we are able to weather the storm created by COVID-19.

“Going forward, we need to interact more because very fundamental decisions will need be taken, and these decisions can only be said to be constitutionally legal if the legislature gives its stamp of authority for the executive to implement and execute.

“I think coming to us for those loans is critical because we are in an emergency and time is of the essence.

“So, we must work as expeditiously as possible to ensure that we place the request before the National Assembly.

“I think the time has come for us to redefine the implementation of the Social Intervention Programme, probably going out to communities to give them N20,000 per person might not be the best way to go.

“It is still an effort, but I think we need a better approach that will be more efficient,” Lawan said.

Nelson

Omotimehin Nelson is a Nigerian award-winning content writer. He derives passion for creative writing. Join me

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