GOVERNOR Dapo Abiodun has announced a N5billion intervention fund across all sectors of the economy to fight the hardship being experienced by the residents of Ogun State.
Wednesday’s announcement followed protests nationwide over growing economic hardship in Nigeria.
“Our administration acknowledges the concerns raised by many of our citizens regarding the rising food prices coupled with the depreciation of the naira. We are taking proactive measures to alleviate the impact of these challenges to guarantee the welfare, well-being and wellness of our citizens at this difficult time,” Abiodun told journalists in his office in Oke-Mosan, Abeokuta.
“We aim to address these challenges by implementing a series of phased out initiatives aimed at reducing and cushioning these burdens on all our citizens.
“In the education sector, we will be providing a one-time intervention, the first instance of N10,000 education support grant for at least 100,000 pupils in our public primary and secondary schools in the state.
“Providing all 27,600 indigent students in tertiary institutions nationwide with an education grant of N50,000 each.
“In the health sector, we will be providing insurance health cover for over 70,000 beneficiaries to include pregnant women, children, the elderly, market women and other members of the informal sector.
“We will be providing food palliatives to include rice and other food items for about 300,000 households across the State.
“For civil servants, the State Government will commence to offset the backlog of inherited deductions. To this end, we are immediately committing 500 Million monthly payments towards outstanding deductions.
