Tuesday, 8 December 2015
2016 Budget: Buhari earmarks N500bn for school feeding, post-NYSC grant
President Muhammadu Buhari has earmarked N500 billion for school feeding programme initiatives, conditional cash transfer to the most vulnerable and post-National Youth Service Corps grant.
This was contained in the proposal for the 2016 budget Medium Term Expenditure Frameworks submitted to the National Assembly.
The MTEF was dated November 8, 2015.
It reads in part: “The Federal Government will collaborate with state governments to institute well-structured social welfare intervention programme such as: school feeding programme initiatives, conditional cash transfer to the most Vulnerable, and post NYSC grant.
“N500 billion has been provisioned in the 2016 budget as social investments for these programmes. These intervention will start as a pilot scheme and work towards securing the support donor agencies and our development partners in order to minimize potential risks.”