NewStats: 3,263,203 , 8,179,395 topics. Date: Thursday, 05 June 2025 at 04:40 AM 6y2b5y

President Bola Tinubu has directed the creation of a Social Security Unemployment Programme where unemployed Nigerian youths will be paid to ease economic hardship.

The Minister of Finance and Coordinating Minister of the Economy, Mr. Wale Edun, announced this while addressing reporters at the State House yesterday in Abuja after the Federal Executive Council (FEC) meeting presided over by President Tinubu.

He said: “At this period of heightened food prices, Mr. President has committed to doing all that can be done to assist in giving purchasing power to the poorest. In that line, he has committed and instructed that the Social Security Unemployment Programme be devised, particularly to cater for the youth, for unemployed graduates, as well as the society as a whole. So, we have coming, in the nearest future, an unemployment benefit for the young unemployed, in particular.”

The minister also said there were plans for setting up of a Consumer Credit Scheme to alleviate the pains of economic adjustment.

“Finally, in the same line to emphasise that there is empathy… There is a feeling for those who are less well off or a feeling, particularly the pains of this adjustment, there is coming a social consumer credit programme.

“So, by making consumer credit available, of course, goods become more affordable, the economy even gets a chance to revive faster because people have the purchasing power that allows them to order for goods, products,” he said.

Edun also spoke on the review carried out by a special presidential on the National Social Investment Programme (NSIP), which has submitted a preliminary report to the president.

On various social investment programmes, the minister said what was done was “a review of existing mechanisms, a review of existing programmes, and where there have been successes, such as the 400,000 beneficiaries of the GEEP programme, and so on and so forth”.

He said: “Those have been identified and recognised. The School Feeding programme is another example of relative success. Whilst there is still some further work to be done, particularly as regards availability of the financial data, which is still being looked at, the interim report has been submitted and a key recommendation of the was that, especially given the heightened, limited household purchasing power at this time, rising prices, particularly elevated food prices, it’s important to restart the programme.

“The direct payment to 12 million households, comprising 60 million Nigerians, is to resume immediately with the important proviso that every beneficiary will be identified by their National Identity Number (NIN) and the Bank Verification Number (BVN)…”

“Therefore, payments will be made into bank s or mobile money wallets so that whether it is before or after, there is verification of the identity of beneficiaries.”

“Each person that receives N25,000 for a total of three months will be identifiable, even after they have received the money. It will be clear who it went to and when it went to them. That is the big change that has allowed Mr. President to approve the restart of direct payments to beneficiaries programme,” Edun said.

https://thenationonlineng.net/tinubu-directs-creation-of-youth-unemployment-benefits-2/

Good development

God bless Tinubu

God Punish all Tinubu Haters

God bless Nigeria

That's how it's done in countries that mean well for the teaming youth

Propaganda

Lol 😂
How true is this ?

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This istration no go kill person with propaganda 😂😂😂.

LegendHero Yarimo Seunmsg Madridguy FreestuffNG will come and start defending this trash.

Even to increase the salary of workers na wahala. To pay pensioners na rocket science, to even increase the pay of NYSC corpers that are captured in a database na problem.

Na to pay unemployed Nigerians😂😂.

Where is the database of unemployed people?

Hope say my grandma name dey there😂😂. Kai

All these pay this and that.. Are they not subsidies?

You remove fuel subsidy and start spending billions to pay audio unemployed NIGERIANs 😂😂.

Who is deceiving who in this country?

This man is never serious for ones

Na wa ooo
Who we offend?

Hunger dey ooo
I say hunger dey ooo
I see food wey person chop yesterday
I thank God for my own 101 times

Government are really suffering the massess
Businesses are closing
I don't tgink this man has an idea of whats the aftermath

This istration is not for the weak o. My advice for Nigerian youths is to have multiple steams of income o. Why not try shirt retailing business. I can sale to you at affordable rates. me if interested.

Kingsmeal:
This istration no go kill person with propaganda 😂😂😂.

LegendHero Yarimo Seunmsg Madridguy FreestuffNG will come and start defending this trash.

Even to increase the salary of workers na wahala. To pay pensioners na rocket science, to even increase the pay of NYSC corpers that are captured in a database na problem.

Na to pay unemployed Nigerians😂😂.

Where is the database of unemployed people?

Hope say my grandma name dey there😂😂. Kai

All these pay this and that.. Are they not subsidies?

You remove fuel subsidy and start spending billions to pay audio unemployed NIGERIANs 😂😂.

Who is deceiving who in this country?

m still wondering how we found ourselves in these situations

Failed! Propaganda.

Even if they pay youths how much will they even give out that will be enough? Or is it the money that will be shared by the gluttons up ther£ ?

The 5k his accolyte[Bull(🐂) hari] promised us, did he fulfill it ?

History will never forget Hausa people and Yoruba people for destroying and nuking this country with corruption.

They are the founding tribes of corruption in this contraption called Nigeria. Their hands has been stained with blood of the innocent either through starvation, making hard implementation that some peeps won't survive or through sponsoring of terrorists and corruption.

Audio...p prime on the beat

Another lamba for APC zombies to salivate and mastubate upon

Somebody that does not believe in statistics, which data and statistics will he use to pay these ones now.

We don't want benefits

We want a job

You promised you recruiting 50m into the army... wwssup with that promise

Abeg this people do the needful by the reducing the prices of food and commodities. Let the poor breath.

Story! story!! Story!!!
Even Buhari gave grant to unknown people.
Your own is even coming with future .
Buhari's scam was always present , yours is worse.

Students loan… WE NO SEE

CNG Buses… WE NO SEE

Now na Unemployment social security Kiniko😂😂😂😂

Nigerians M.umu

ManirBK:
Good development

God bless Tinubu

God bless Nigeria

how is it a good development?

When you create Social Security Unemployment Programme, what will now happen to Npower?
Beside how much will be share to unemployed graduates monthly in this hard times and failing economy?

2027 Vote buying loadin'

Lol... Na so... Since the lamba king de always find something to criticize, the government wan de give back to back announcement when go overwhelm the twitter presdo so that he non go know which one to comment on.

Kingsmeal:
This istration no go kill person with propaganda 😂😂😂.

LegendHero Yarimo Seunmsg Madridguy FreestuffNG will come and start defending this trash.

Even to increase the salary of workers na wahala. To pay pensioners na rocket science, to even increase the pay of NYSC corpers that are captured in a database na problem.

Na to pay unemployed Nigerians😂😂.

Where is the database of unemployed people?

Hope say my grandma name dey there😂😂. Kai

All these pay this and that.. Are they not subsidies?

You remove fuel subsidy and start spending billions to pay audio unemployed NIGERIANs 😂😂.

Who is deceiving who in this country?

Not students loan again, another propaganda sited

Okay

Dan buroba

Just words of mouth, he no reach belle

Stupid leader. His government scrapped Npower. Why not continue with tha well structuredt social program?

Good

Kingsmeal:
This istration no go kill person with propaganda 😂😂😂.

LegendHero Yarimo Seunmsg Madridguy FreestuffNG will come and start defending this trash.

Even to increase the salary of workers na wahala. To pay pensioners na rocket science, to even increase the pay of NYSC corpers that are captured in a database na problem.

Na to pay unemployed Nigerians😂😂.

Where is the database of unemployed people?

Hope say my grandma name dey there😂😂. Kai

All these pay this and that.. Are they not subsidies?

You remove fuel subsidy and start spending billions to pay audio unemployed NIGERIANs 😂😂.

Who is deceiving who in this country?

Nailed it. Thank you🙏.

ManirBK:


https://thenationonlineng.net/tinubu-directs-creation-of-youth-unemployment-benefits-2/

Student loan nko🤣
Nawa oo for APC and propaganda ooo