President Muhammadu Buhari on Tuesday while giving a speech via video message at the first day of the 75th session of the UN General Assembly said that his administration is committed to cushioning the effect Covid-19 imposed on Nigerians, and in view of this, he stated that federal government has commenced the distribution of palliatives worth N10.9 billion to households and Micro, Small and Medium Enterprises.
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’.
“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.
“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.
He further stated that his government has mapped out N500Billion fiscal stimulus package aimed at sustaining the poor and vulnerable household.
He also noted that the Central Bank has launched an N3.5 trillion-stimulus package to boost manufacturing and facilitate import substitution.
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