BUDGET: FG releases N25bn for social intervention programme

BUDGET: FG releases N25bn for social intervention programme

From Basil Obasi, Abuja

In fulfilling its promise on social intervention programmes, the Federal Government has announced the released N25 billion, translating to five per cent of the N500 billion earmarked for the programme in the 2016 budget.

The Minister of State for Budget and National Planning, Zainab Ahmed, who disclosed this in Abuja, yesterday, explained that, in spite of funding constraints, government has achieved 50 per cent implementation of the 2016 capital budget.

According to a statement by the Director of Information in the ministry, Adedeji Ajibade, the minister disclosed that there was approval from the steering committee in the sum of N150 billion and, apart from the N25 billion, there is another N40 billion in the process of being released.

She further explained that the programmes would be in four parts. The first is the homegrown school-feeding programme, which is targeting 5.5 million primary school pupils in all the states of the federation from Primary 1 to 3....

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