President Muhammadu Buhari has said that 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 at reducing the suffering of Nigerians imposed by the COVID-19.
He added that government has also established a five hundred billion (N500 billion) fiscal stimulus package and sustained delivery of humanitarian and social interventions to poor and vulnerable households, while the Central Bank has launched a N3.5 trillion-stimulus package to boost manufacturing and facilitate import substitution.
Speaking further, the president restated Nigeria’s commitment to working with other member states to promote the well-being of citizens.
“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.
“In our quest to provide a future of hope and prosperity for Nigerians, our administration has embarked on measures to ensure enhanced national resilience.”
” We intend to achieve this through the implementation of the Economic Sustainability Plan and the Medium Term National Development Plans for the period 2020-2025 and 2026-2030. We expect that these ambitious initiatives will deliver sustainable economic growth and development to Nigeria.”
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’.
