NewStats: 3,262,813 , 8,178,243 topics. Date: Tuesday, 03 June 2025 at 04:52 PM 5o71n

President Muhammadu Buhari, on Tuesday at the Presidential Villa, Abuja, received Vice President Yemi Osinbajo, who updated him on the progress so far in the implementation of the Economic Sustainability Plan (ESP).

Osinbajo’s spokesman, Laolu Akande, in a statement, said it was the duo’s first official meeting for the year.

Buhari had in 2020 mandated Osinbajo, as chair of the Economic Sustainability Committee (ESC), to coordinate the implementation of the ESP aimed at cushioning the economic effects of the COVID-19 pandemic.

Osinbajo said that three months into the implementation of different components of the ESP: MSMEs Survival Fund; Solar Home System, Social Housing Scheme, among others, Nigerians across different sectors had been impacted.

He explained that under MSMEs Survival Fund, more Nigerians had received Transport Grants, Payroll payments and Artisans.

“For the Payroll track of the Survival Fund, a total of 277,628 beneficiaries drawn from 56,575 businesses have now been paid.

“This total number includes the batch of 20,614 beneficiaries recently paid for October and 257,014 beneficiaries that were paid for November and December.

“A breakdown of the 257,014 beneficiaries shows that N30, 000 each was paid to 222,466 beneficiaries as November and December payments while N50, 000 each was paid to 34,548 beneficiaries as November and December salaries.

“Out of the total number, three per cent are beneficiaries with special needs, while 43 per cent are female employees/beneficiaries,’’ he revealed.

The vice president disclosed that the enumeration of prospective beneficiaries for the Transport Track, which was launched last December, was still ongoing.

He said that payment of N30,000 each, to 333,000 artisans across Nigeria is in progress with payments already made to verified beneficiaries in states under streams 1, 2, and 3.

Osinbajo mentioned the states as FCT, Lagos, Ondo, Kaduna, Borno, Kano, Anambra, Abia, Bauchi, Delta and Plateau under stream 1.

Others are Taraba, Bayelsa, Edo, Ogun, Kwara, Enugu, and Ebonyi, Adamawa, Ekiti, Katsina, Kebbi and Kogi under stream 2.

Also, Akwa-Ibom, Yobe, Sokoto, Nasarawa, Niger, Imo, Oyo, Osun, Jigawa, Cross River, Zamfara, Benue and Gombe under stream 3.

According to Osinbajo, the Solar Home System aimed at connecting 5million households in off-grid and underserved communities to electricity was ongoing.

“The process of installing N140billion Solar Home System that will cover up to five million households has begun and served about twenty-five million individuals in rural areas, and urban communities has begun with the enlistment of solar assembling companies and components manufacturers as well as solar servicing firms.

Under the scheme, the Central Bank of Nigeria (CBN) will make available funds to private companies involved in the manufacture, installation, servicing of the solar systems, at rates ranging between five and 10 per cent.

“An important aspect of the scheme is the option of outright ownership by beneficiaries at a cost ranging from N1,500 per week to N4,000 monthly depending on the capacities, for a period of years,’’ he said.

The vice president also said that the plan by the Federal Government to 1.5 million Nigerians to acquire low-cost houses under the Social Housing programme of the ESP was on course.

He said that the portal for application by prospective beneficiaries was launched in December 2020 alongside the prototype 1-bedroom and 2-bedroom units.

More so, the vice president held a virtual meeting with the management of the North-East Humanitarian and Innovation Hub (NEHIH).

Osinbajo pledged the of the Federal Government and the National Economic Council (NEC) in the establishment of a Social Innovation and Research Institute (SIRI), an initiative of NEHIH aimed at developing skills and building capacity for social innovation.

He said that the idea of establishing a centre for social innovation as conceived by the NEHIH was commendable.

https://dailypost.ng/2021/01/06/many-nigerians-have-received-grants-osinbajo-updates-buhari-on-economic-sustainability-plan/?utm_term=Autofeed&utm_medium=Social&utm_source=Twitter#Echobox=1609912477

Which Many Nigerians are you talking about. Are you Normal Sir

Audio Grant


Mind You I Apply for the Grant

This is commendable

Yes two of my colleagues are the living witness and they really happy when they shall the alert ,thank to Buhari/Osinbajo istration

That's indeed truth by the VP Osinbajo, great development to do many Nigerians

Acekidc4:
Which Many Nigerians are you talking about. Are you Normal Sir

Audio Grant

This is not an audio grant but 100% real

There have been testimonies about this..

Highly commendable.

Those who received should indicate, because i know that these guys are liars

Out of the total number, three per cent are beneficiaries with special needs, while 43 per cent are female employees/beneficiaries,’

okefranci:

This is not an audio grant but 100% real

Am not saying it not real but how many don Receive am? if we re to find out now it will be a very small percentage of people that Receive it......Prove me wrong on this.

This is awesome

Ok sir....

True talk, many Nigerians on nairaland received grants with their constant show off even though most of them will spend their life time abusing government without adding anything meaningful to the development of the country

This is aimed to create 1.8 million jobs, bridge gap the nation's housing deficit, participate of the project earns N75k per month. Beneficiaries pay as low as N8,000 per month to purchase the houses.

I didn't receive anything o.

Where?

Some of my staffs received about 10k each from the program.

for inside our dream?

See what Lai Mohammed has done to our Starboy

Beautiful

How many sir? Okokobioko

The names and details of these so called "many" should be made public so we can thank this very transparent and corrupt-free FG.

me I no see anything oo

Pastor Osinbajo, fear God! Taku laha.

This man is a shame to Christian world

great

e koshi danu


do you wish to work or study in countries like
Canada, New Zealand, Australia, Dubai, ,
Cyprus, Malaysia, Turkey check my signature for my

See honourable lieing machine as infected osibanjo,the lieing virus kills faster than convid-19 seff.they most be on isolation for the next one year.

See how a whole pastor dey blow lie like lie Mohammed