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2016 Budget: Accountant hails NASS over N500bn intervention funds

Posted by on Mar 28th, 2016 and filed under Business, News, Top Stories. You can follow any responses to this entry through the RSS 2.0. You can leave a response or trackback to this entry

The Regional Director, Abuja and the North, First City Monument Back (FCMB, Alhaji Lukman Olanrewaju Usman Mustapha has commended the National Assembly for not tampering with the five hundred billion Naira intervention funds as included in the 2016 National budget by the presidency.

Mustapha made the commendation in Ilorin, the Kwara State capital while answering questions on a Radio Kwara personality interview programme “Playing Host.”

According to him, the intervention funds are meant to cater for the poor and reduce the high poverty in the country.

Mustapha said the project also includes the school feeding programme and the conditional cash transfer stressing that it would attend to most problems that affect the child education, child nutrition and the value change which would at the end of the day create employment for small food vendors across the country.

He therefore urged the Kwara State government and other states of the federation to key into the Federal Government school feeding programme as it would create more employment opportunities.

The Chartered Accountant also praised the Conditional Cash Transfer scheme of the President Muammadu Buhari’s administration which would provide N500,000 each as payment for old indigent Nigerians.

He appealed to the Federal Government to ensure strict implementation of the 2016 budget and appealed to Nigerians to look inward and consume only what they produce locally as a nation and shun our strong and high habit for foreign products.

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