HomeSocietyGovernor Dapo Abiodun Unveils N5 Billion Economic Relief Package

Governor Dapo Abiodun Unveils N5 Billion Economic Relief Package

Published on

In a decisive response to the economic difficulties facing its residents, the Ogun State government, led by Governor Prince Dapo Abiodun, has launched a comprehensive N5 billion intervention across various sectors of the state’s economy. Announced at a press briefing in Abeokuta, these measures aim to soften the blow of escalating food prices, currency depreciation, and inflation for the people of Ogun State.

Highlighting the government’s commitment to education, Governor Abiodun revealed plans for a N10,000 education support grant for 100,000 public school pupils and a N50,000 grant for 27,600 indigent tertiary students statewide. Additionally, all 850,000 students in public schools will receive essential educational materials to support their learning journey.

The health sector is not left behind, with over 70,000 beneficiaries, including pregnant women and the elderly, set to receive insurance health coverage. The Ibidero Scheme will further support pregnant women with comprehensive prenatal and postnatal care, alongside a financial incentive for each birth.

To address immediate needs, the state will distribute food palliatives to approximately 300,000 households. In a move to improve civil service morale, the government will also begin clearing the backlog of deductions owed to civil servants, committing N500 million monthly towards this effort.

Governor Abiodun’s message was one of hope and resilience, assuring residents that the current economic challenges are temporary. He extended gratitude to President Bola Ahmed Tinubu for his leadership and to international bodies like the IMF and World Bank for recognizing the state’s initiatives.

The governor emphasized the state’s alignment with the federal government’s “Renewed Hope” agenda, aiming to foster a prosperous society for all. Security measures were also addressed, with a firm commitment to safeguarding lives and property in Ogun State.

As Ogun State embarks on this ambitious economic relief effort, Governor Abiodun calls for unity and cooperation from all residents, promising a brighter, more inclusive future for the state.

SourceVanguard

Latest articles

Okupe Claims Obi Betrayed Atiku, Cuts Ties With Him

Okupe criticizes Obi's decision to leave PDP and run for president, accusing him of betrayal and exposing political rifts in Nigeria.

Wrong Diagnosis Leading to Patient Deaths in Nigerian Hospitals

Rising misdiagnoses in Nigerian hospitals lead to preventable deaths, prompting calls for urgent reforms in training, technology, and diagnostic protocols.

Nigeria Reports 22 Building Collapses, 33 Deaths, Urges Immediate Action

Nigeria faces a surge in building collapses, with 22 incidents in 2024. COREN calls for urgent action and collaboration to address the crisis.

Tinubu’s N100,000 Wage Blocked by Governors

The NLC Lagos Council criticizes the new N70,000 minimum wage as inadequate for Lagos workers, citing high living costs and governors' influence on the decision.

More like this

Okupe Claims Obi Betrayed Atiku, Cuts Ties With Him

Okupe criticizes Obi's decision to leave PDP and run for president, accusing him of betrayal and exposing political rifts in Nigeria.

Wrong Diagnosis Leading to Patient Deaths in Nigerian Hospitals

Rising misdiagnoses in Nigerian hospitals lead to preventable deaths, prompting calls for urgent reforms in training, technology, and diagnostic protocols.

Nigeria Reports 22 Building Collapses, 33 Deaths, Urges Immediate Action

Nigeria faces a surge in building collapses, with 22 incidents in 2024. COREN calls for urgent action and collaboration to address the crisis.