Fg releases n65billion for national social investment programme
It seems like you're referring to a news article about the Federal Government of Nigeria releasing N65 billion for the National Social Investment Programme (NSIP).
To provide more context, the National Social Investment Programme is a flagship programme of the Federal Government of Nigeria, aimed at addressing poverty and improving the lives of vulnerable Nigerians. The programme was launched in 2016 and has since been implemented by the Ministry of Humanitarian Affairs, Disaster Management and Social Development.
The N65 billion released for the NSIP is a significant allocation, which will be used to fund various components of the programme, including:
- Conditional Cash Transfer (CCT): This component provides a monthly stipend to the poorest and most vulnerable households in the country.
- National Home-Grown School Feeding Programme (NHGSFP): This programme provides meals to school children in public primary schools, using locally sourced ingredients and promoting local food production.
- Government Enterprise and Empowerment Programme (GEEP): This component provides soft loans to vulnerable groups, including market women, artisans, and small-scale farmers.
- N-Power Programme: This component provides skills training and stipends to young graduates and non-graduates, as well as providing them with opportunities for entrepreneurship and employment.
The release of this fund is expected to have a positive impact on the lives of millions of Nigerians, particularly the most vulnerable and marginalized groups. It will help to improve their access to basic necessities like food, education, and healthcare, and provide them with opportunities for economic empowerment and self-sufficiency.
Would you like to know more about the National Social Investment Programme or its components?