NIGERIA TO PAY CONTRACTORS N350 BN – MINISTER

Most contracts have been stalled due to inability of the Nigerian government to pay contractors.
Speaking during a visit to Leadership newspapers in Abuja, Minister for Information and Culture, Alhaji Lai Mohammed said the contractors would be paid as soon as President Muhammadu Buhari gives his ascent to the 2016 budget.

He thanked Nigerians for their patience and the understanding of the challenges facing the government, saying rather than give excuses, the government was working round the clock to alleviate the pains of Nigerians.

The minister denied reports of faceoff between the legislature and executive. According to him, there is absolutely no rift, no issue of budget being sent back. Things are just taking their due course,” he said.

He said it was not true that the President has refused to sign the Appropriation Bill passed by the National Assembly, adding: ”It takes a few days (after the passage) for the National Assembly to clean up the document in readiness for the President’s assent.”
Speaking further on the budget, Alhaji Mohammed said when it is eventually passed into law, it will lift millions of Nigerians out of poverty, thanks to the six focal areas of social intervention contained therein.

“The first is the employment of 500,000 unemployed university graduates who we are going to train as teachers. Two, we are also employing 370,000 unemployed non-graduates, people with National Diploma and Technical Certificate. The third tranche is the social intervention targeted at 1 million people made up of market women, traders and artisans to be trained and given loans through their cooperatives.

“The fourth one is the home-grown One-Meal-A-Day Programme. Here we are targeting several millions of pupils in primary schools all over Nigeria. The exponential effect of this one meal a day is huge. Even if we are targeting five million pupils and we are giving each of them one egg a day, you are talking about five million eggs that will be provided by our poultry farmers. This will also help to increase the demand for maize and then you are going to employ people all around,” he said.

The Minister further disclosed that the Federal Government will also commence the Conditional Cash Transfer to the most vulnerable Nigerians, in collaboration with some development partners, to bring succour to such people.

He said that a special bursary scheme will also come on stream to grant scholarships to students of Science, Technology, Engineering and Mathematics in a deliberate effort to support the students financially while also bolstering the nation’s drive for industrialization.