Fg proposes another n500bn social intervention 2017 budget
It seems like you're referring to a news article or a proposal from the Federal Government of Nigeria in 2017.
To provide more context, the 2017 Budget of the Federal Government of Nigeria was presented to the National Assembly by President Muhammadu Buhari in December 2016. The budget proposal was for a total expenditure of N7.28 trillion, with a breakdown of N500 billion allocated for social intervention programs.
The social intervention programs proposed in the 2017 budget aimed to address various social issues in the country, including poverty, unemployment, and inequality. Some of the specific programs proposed included:
- N-Power: A program aimed at providing job opportunities for young Nigerians, with a focus on skills acquisition and entrepreneurship.
- Conditional Cash Transfer (CCT): A program aimed at providing financial assistance to the poorest and most vulnerable households in the country.
- School Feeding Program: A program aimed at providing meals to school children, with a focus on improving nutrition and attendance.
- Job Creation Program: A program aimed at creating jobs in various sectors of the economy, including agriculture, construction, and manufacturing.
The proposed allocation of N500 billion for social intervention programs in the 2017 budget was intended to support these initiatives and help address some of the social challenges facing the country.
It's worth noting that the 2017 budget was eventually passed by the National Assembly, with some modifications, and the social intervention programs were implemented as planned. However, the effectiveness and impact of these programs have been subject to debate and criticism, with some arguing that they have not had the desired impact on poverty and unemployment in the country.