By using this site, you agree to the Privacy Policy and Terms & Conditions.
Accept
Okay.ngOkay.ngOkay.ng
Font ResizerAa
  • News
    • Politics
  • Entertainment
  • Business & Economy
  • Sport
  • Tech
Reading: Buhari Never Promised to Pay Unemployed Graduates N5,000 – Presidency
Share
Font ResizerAa
Okay.ngOkay.ng
  • News
  • Entertainment
  • Business & Economy
  • Sport
  • Tech
Search
  • News
    • Politics
  • Entertainment
  • Business & Economy
  • Sport
  • Tech
Follow US
  • About Okay.ng
  • Advertising on Okay.ng
  • Contact Okay.ng
  • Careers
  • Meet the Team behind Okay.ng
  • Ownership and Funding of Okay.ng
  • Editorial Principles at Okay.ng
© OKN MEDIA PUBLISHING 2022 - All rights reserved
News

Buhari Never Promised to Pay Unemployed Graduates N5,000 – Presidency

Farouk Mohammed
By Farouk Mohammed
Published: March 1, 2016
Share
3 Min Read
SHARE

Buhari-Official-New-1-1-1-1-1-1-1-1-1-1-1-1-2-1-1-1-1-1-1-1-1-1-1-1

The Presidency on Monday said President Muhammadu Buhari never promised to pay unemployed graduates N5,000 monthly.

The Senior Special Assistant to the Vice President on Media and Publicity, Mr. Laolu Akande, told State House correspondents while reacting to a video where Buhari was seen ruling out the payment of  N5,000 monthly allowance to unemployed youths in the country as promised by his party, the All Progressives Congress, ahead of the 2015 presidential election.

Akande  said the provision the government made in the 2016 Budget currently before the National Assembly is to pay N5,000 monthly to one million extremely poor Nigerians, and not the unemployed graduates.

He said  half a trillion naira had been set aside in the budget for social investment, which he said included the payment for the extremely poor.

- Advertisement -

“The budget for 2016 which has been submitted to the National Assembly has made an allocation of half a trillion naira, the first time in the history of this country’s budget where you have that huge chunk of money allocated for social investment.

“In that N500bn which is half a trillion naira, close to about 20 per cent of the entire budget, there are six social safety net programmes.

“One of them is the Conditional Cash Transfer where government is going to pay N5,000 monthly to the vulnerable and extremely poor Nigerians. That promise stands.

“The President never promised to pay unemployed graduates N5,000; the President never made that promise and the government never made that claim that it will pay N5,000 to unemployed graduates.

- Advertisement -

“The programme for unemployed graduates is the direct creation of half a million teaching jobs so that they will be trained; 500, 000 unemployed graduates will be trained to teach and they will be deployed to teach, while they are looking for their career paths or jobs. That still stands!

“In addition to that, there is also a scheme to train 370, 000 non-graduate youths for skill acquisition and vocational training. During the time of that training, they will also be paid.

Stay Updated on the Go with Our Latest News—Join Our WhatsApp Channel Now!
TAGGED:buhariPresidencyUnemployed Graduates
Share This Article
Facebook Whatsapp Whatsapp Telegram Email Copy Link Print
ByFarouk Mohammed
Publisher
Follow:
Farouk Mohammed is a Head Editor at Okay Nigeria (Okay.ng). He has been publishing for 10 years and focused more on Local/World News on Okay.ng
Previous Article AUDIO: “I’m Not Interested in Going Back Home” – Abducted Bayelsa Girl, Ese Oruru Speaks
Next Article Lassa Fever Kills Three in Kaduna

Connect with Okay on Social

FacebookLike
XFollow
InstagramFollow
TelegramFollow

Dollar/Naira Rates

Dollar to Naira Exchange Rate

Okay.ng Logo
Buy Rate ₦1,605.00
Sell Rate ₦1,620.00

Last updated: 5 days ago (June 3, 2025 2:33 pm)

Displayed rates are for informational purposes only and are subject to change.

USD/NGN Converter

- Advertisement -
- Advertisement -
Ad imageAd image
- Advertisement -
Ad imageAd image

Recent Posts

NIN Registration for Inmates Yet to Begin in 256 Correctional Centres, Report Reveals
News
Anambra, Osun Polls: APC Faces Internal Strife as Soludo and Adeleke Engage President Tinubu Amid Election Tensions
Politics Top stories
Pastor Adeboye
Pastor Adeboye Shares Divine Directive: Leaving RCCG Could Lead to Tragic Loss
News
Anglican Bishop of Lafia Calls on President Tinubu to Address Root Causes of Nigeria’s Insecurity and Economic Woes
News
Egbe Bobakeye Okunrin Akile Ijebu Refutes False Claims About Queen Elizabeth II’s 1956 Visit
News
- Advertisement -
Ad imageAd image

You May Also Like

News

NRC Managing Director Warns Against Railway Vandalism: “We Don’t Have Scraps, We Have National Assets”

Oluwadara Akingbohungbe
Oluwadara Akingbohungbe
June 7, 2025
News

Tragic Head-On Collision in Jigawa Claims Nine Lives, Dozens Injured

Oluwadara Akingbohungbe
Oluwadara Akingbohungbe
June 7, 2025
Sport

Victor Osimhen Returns to Nigeria as Al Hilal Transfer Hangs in Balance Ahead of FIFA Club World Cup

Oluwadara Akingbohungbe
Oluwadara Akingbohungbe
June 7, 2025
Okay.ngOkay.ng
Follow US
© OKN MEDIA PUBLISHING 2025 - All rights reserved
  • About Okay.ng
  • Advertising on Okay.ng
  • Contact Okay.ng
  • Careers
  • Meet the Team behind Okay.ng
  • Ownership and Funding of Okay.ng
  • Editorial Principles at Okay.ng
adbanner
Welcome Back!

Sign in to your account

Username or Email Address
Password

Lost your password?