Close Menu
  • Home
  • News
  • Politics
  • Lifestyle
  • Opinion
  • Science
  • World
  • Entertainment
  • Finance
  • Football
Facebook X (Twitter) Instagram Threads
Facebook X (Twitter) Instagram
YFON
  • Home
  • News
  • Politics
  • Lifestyle
  • Opinion
  • Science
  • World
  • Entertainment
  • Finance
  • Football
Subscribe
YFON
Home»Buhari orders quick release of N2.3tr stimulus funds

Buhari orders quick release of N2.3tr stimulus funds

YemieFashBy YemieFashNo CommentsSeptember 9, 20203 Mins Read
Share
Facebook Twitter LinkedIn Pinterest Email

PRESIDENT Muhammadu Buhari on Tuesday ordered the “speedy and timely released” of the N2.3 trillion Economic Sustainability Package to “cushion the effect of Coronavirus Pandemic on the citizens and business owners.”

He said the Central Bank of Nigeria (CBN) Governor Godwin Emefiele, Minister of Finance, Budget and National Planning Mrs Zainab Ahmed should ensure that the necessary action is taken on the stimulus package and the funds for capital projects in the 2020 budget.

President Buhari spoke on the second day of the Ministerial Performance Review Retreat  at Aso Villa in Abuja.

It was also time for him to review his achievements, saying: “I have done my best.”

He charged the ministers to defend the government “vigorously and not allow irresponsible and politically-motivated activists to keep spreading patent falsehoods about this government”.

Vice President Yemi Osinbajo at the same event unveiled the government’s plan to create millions of jobs through various programmes.

Itemising his achievements, Buhari said: “Our renewed vigour on agriculture has been demonstrated through our Anchor Borrowers Programme and the Presidential Fertilizer Initiative.

“We have made progress on the railway projects with a view to connecting different partsof the country. The Lagos-Ibadan rail line is up and working. The Abuja-Kaduna rail line is efficiently running.

“Arrangements are being made to complete the Ibadan – Kano, commence the Port Harcourt – Maiduguri line which will connect the Southern and Eastern States to the Northern States.

“Work is ongoing at the Second Niger Bridge and is at 46 per cent completion. We hope to commission the project before the end of our tenure in 2023.

“Several contracts have been awarded to rehabilitate, reconstruct and construct our arterial roads, to reduce the hardship tocommuters and increase economic activities across the States.

“We have flagged off the Ajaokuta-Kaduna-Kano (AKK) Gas Pipeline Project which is being developed at this critical time in Nigeria’s commitment to increasing our infrastructure assets and promote the use of gas in the domestic market.

“Our anti-corruption fight requires no emphasis. We have made consistent efforts to build strong institutional capacities in the fight against corruption by strengthening our anti-corruption Agencies, including the Economic and Financial Crimes Commission, Independent Corrupt Practices and other related offences Commission, the Code of Conduct Bureau and Code of Conduct Tribunal supported by a Presidential Advisory Committee on Anti-Corruption, such that they work independently and jointly, being guided by Law.

“We have also worked to address emergent cases of insecurity and insurgency in the country with innovative approaches such as “Operation Safe Corridor,” which de-radicalize, rehabilitate, and reintegrate willingly surrendered Boko Haram members into the larger society. Our security operations in the Niger Delta, North Central and North Western States are yielding desired results. We hope to get rid of bandits, kidnappers and other criminal elements in these regions.

“The advent of COVID-19 pandemic and its attendant negative effect is being addressed through the constitution of a Presidential Task Force for proper coordination and the launch of the twelve-month Economic Sustainability Plan to cushion the effect of the pandemic on our citizens and business owners.

Share. Facebook Twitter Pinterest LinkedIn Tumblr WhatsApp Email
Previous ArticleBuhari Speaks On Lifting 100m Nigerians Out Of Poverty
Next Article ‘Politicians plant toxic waste deaths report to discredit Akeredolu’
Leave A Reply Cancel Reply

Sports
Sports

BREAKING: Eagles name 23-man squad for must-win world cup qualifiers

By AdeboyeOctober 3, 20250

JUST IN: Osimhen rejects €75m Saudi Arabia’s Al Hilal move

June 8, 2025

Osimhen dances to Yinka Ayefele’s classic amidst family dispute

May 21, 2025

Awoniyi finally out of coma after abdominal surgery

May 15, 2025

JUST IN: Carlo Ancelotti appointed as Brazil head Coach

May 12, 2025
Entertainment
Entertainment

Alcohol consumption not sin – Popular gospel singer, Gaise Baba

By AdeboyeAugust 26, 20250

Geh Geh University’: Tiktoker rakes in $30,000 from viral live session

August 22, 2025

Elderly man sparks online buzz after claiming to be Wizkid’s biological father

June 2, 2025

“God is our true husband” – DJ Cuppy encourages single women over 30

June 1, 2025

Davido, Omah Lay excite fans with teaser for “With You” Video

May 31, 2025
Finance
Finance

Naira gains ground as CBN intervenes, FPI inflows increase

By AdeboyeJune 23, 20250

Naira weakens further to N1,610/$ in parallel market

May 8, 2025

Don’t miss It

Get the news as it unfolds! Don’t miss any news, input your email to subscribe.

Instagram Facebook X (Twitter) TikTok
  • Opinion
  • Health
  • Sports
  • Finance
© 2025 YemieFash Online News Platform. A subsidiary of YemieFash Media. Developed by Hexemty Technologies.

Type above and press Enter to search. Press Esc to cancel.