President Muhammadu Buhari has disclosed that his administration has commenced the distribution of palliatives worth N10.9 billion to households and Micro, Small and Medium Enterprises.
Buhari said this on Tuesday while delivering a virtual address at the 75th session of the UN General Assembly (UNGA) saying the disbursement of the sum is part of efforts to reduce the suffering of Nigerians imposed by the COVID-19.
“In order to mitigate its impact on Nigerians, our administration has commenced the disbursement of the sum of N10.9 Billion to households and Micro, Small and Medium Enterprises as palliatives,” he said.
The president restated Nigeria’s commitment to working with other UN member states to promote the well-being of citizens.
“I should also state that Nigeria is committed to working with other Member States in the spirit of global cooperation and solidarity to promote human health and general well-being.
“Nigeria will continue to partner with the WHO and some countries to ensure accelerated development and manufacturing, as well as uninhibited supply of safe and effective Coronavirus vaccines to all,” he added.
President Buhari also noted that the government has established a N500 billion fiscal stimulus package and sustained delivery of humanitarian and social interventions to poor and vulnerable households, while our Central Bank has launched a N3.5 trillion-stimulus package to boost manufacturing and facilitate import substitution.