President Bola Tinubu has directed the creation of a social security unemployment programme to ease economic hardship by paying unemployed Nigerian youths. The programme has been approved by the federal government, and the minister of finance and coordinating minister of the economy, Wale Edun, announced it in Abuja after the Federal Executive Council meeting presided over by President Tinubu. The plan has been well received, especially in light of the high cost of living in Nigeria. The aim of the programme is to provide financial support to unemployed youths in the country, and there are plans to set up a consumer credit scheme to alleviate the pains of the economic adjustment. The minister spoke on the review carried out by a special presidential panel on the National Social Investment Programme (NSIP), which has submitted a preliminary report to the president. Edu did not disclose a specific time of commencement and the duration of the implementation under Tinubu’s government.
Amid Economic Challenges: Celebration Ensues as Tinubu Plans to Provide Monthly Assistance to Unemployed Youth
