President Muhammadu Buhari says his administration has commenced the distribution of palliatives worth N10.9 billion to households and Micro, Small and Medium Enterprises.
He said this on Tuesday while delivering a speech via video-message, on the first day of the 75th session of the UN General Assembly.
According to him, the disbursement of the sum is part of efforts to reduce the suffering of Nigerians imposed by the COVID-19.
“In order to mitigate its impact on Nigerians, our administration has commenced the disbursement of the sum of N10.9 Billion to households and Micro, Small and Medium Enterprises as palliatives,” he said.
Speaking further, the president restated Nigeria’s commitment to working with other member states to promote the well-being of citizens.
“In addition, we have established a five hundred billion (N500 billion) fiscal stimulus package and sustained delivery of humanitarian and social interventions to poor and vulnerable households, while our Central Bank has launched a N3.5 trillion-stimulus package to boost manufacturing and facilitate import substitution”.
“I should also state that Nigeria is committed to working with other Member States in the spirit of global cooperation and solidarity to promote human health and general well-being.
“Nigeria will continue to partner with the WHO and some countries to ensure accelerated development and manufacturing, as well as uninhibited supply of safe and effective Coronavirus vaccines to all,” he said.
The theme of this year’s General Assembly is ‘The Future We Want, The United Nations We Need: Reaffirming Our Collective Commitment to Multilateralism- Confronting Coronavirus Through Effective Multilateral Action’.
