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Presidency Defend Reversed Decision on Promised N5,000 Stipends

Trailing the controversial that followed president Mohammadu Buhari’s withdrawal of campaign promise, the presidency has came out to defend its decision not to pay N5,000 stipends to unemployed undergraduates of Nigeria. It said there President Buhari never at any point in time during his 2015 campaign made such promise.
Addressing newsmen on the matter in Abuja on Monday, the media aide to the Vice President, Mr. Laolu Akande expatiated that the promise of N5,000 stipends was not for unemployed undergraduates but for vulnerable and extremely poor Nigerians.
He stated further that there was a provision of half a trillion Naira in the 2016 budget which was mapped out to execute six social safety net programmes.
Akande also stated that about of 500,000 graduates who would be integrated into the teaching system would be paid N5, 000 token while on training.
He spoke thus; “The budget for 2016 which has been submitted to the National Assembly has made an allocation of half a trillion naira, the first time in the history of this country’s budget where you have that huge chunk of money allocated for social investment.
There are six social safety net programmes. One of them is the conditional cash transfer where government is going to pay N5, 000 monthly to the vulnerable and extremely poor Nigerians. That promise stands.
“The President never promised to pay unemployed graduates N5, 000; the President never made that promise and the government never made that claim that it will pay N5, 000 to unemployed graduates.
The programme for unemployed graduates is the direct creation of half a million teaching jobs so that they will be trained; 500, 000 unemployed graduates will be trained to teach and they will be deployed to teach, while they are looking for their career paths or jobs. That still stands!
“In addition to that, there is also a scheme to train 370, 000 non-graduate youth for skill acquisition and vocational training. During the time of that training, they will also be paid. “So the President did not say that he would be giving unemployed graduates N5, 000. The N5, 000 monthly stipends which is already in the budget is for the vulnerable Nigerians and the extremely poor.
Once the budget is okay, one million extremely poor Nigerians will receive N5, 000 monthly.”

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