Monday, February 29, 2016

President Buhari abandons N5,000 Unemployed Youths fund...

The President says he’d rather invest in infrastructure to empower Nigeria Youth. In what appears to be a major U-turn from the campaign promise of the All Progressives Congress (APC) before the 2015 presidential election, President Muhammadu Buhari has said that payment of the N5,000 stipend to unemployed youths in the country, which was a major plank of his campaign, is no longer his priority.


The president made the remark at the weekend in Saudi Arabia before his departure for Qatar.

He said it was wise to use federal government funds to invest in infrastructure that would empower unemployed youths through agriculture rather than direct cash transfers.

He said: 
“This N5,000 largesse for the unemployed, I have got a slightly different priority. I would rather do the infrastructure, the schools and correct them and empower agriculture and mining so that every able bodied person can go and get work instead of giving 5,000 to those who don’t work.”
APC had during its election campaigns pledged to pay N5,000 as monthly stipend to the most vulnerable in the country.

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