• Login
  • Register
Nairametrics
  • Home
  • Exclusives
    • Recapitalization
      • Access Holdings Offer
      • Fidelity Bank Offer
      • GTCO Offer
      • Zenith Bank Offer
    • Financial Analysis
    • Corporate Stories
    • Interviews
    • Investigations
    • Metrics
    • Nairalytics
  • Economy
    • Business News
    • Budget
    • Public Debt
    • Tax
  • Markets
    • Currencies
    • Cryptos
    • Commodities
    • Equities
      • Company Results
      • Dividends
      • Public Offer & Right Issues
      • Stock Market News
    • Fixed Income
    • Funds Management
    • Securities
  • Sectors
    • Agriculture
    • Aviation
    • Company News
    • Consumer Goods
    • Corporate Updates
    • Corporate deals
    • Corporate Press Releases
    • Energy
    • Entertainment
    • Financial Services
    • Health
    • Hospitality & Travel
    • Manufacturing
    • Real Estate and Construction
    • Renewables & Sustainability
    • Tech News
  • Financial Literacy
    • Career tips
    • Personal Finance
  • Lifestyle
    • Billionaire Watch
    • Profiles
  • Opinions
    • Blurb
    • Market Views
    • Op-Eds
    • Research Analysis
  • Home
  • Exclusives
    • Recapitalization
      • Access Holdings Offer
      • Fidelity Bank Offer
      • GTCO Offer
      • Zenith Bank Offer
    • Financial Analysis
    • Corporate Stories
    • Interviews
    • Investigations
    • Metrics
    • Nairalytics
  • Economy
    • Business News
    • Budget
    • Public Debt
    • Tax
  • Markets
    • Currencies
    • Cryptos
    • Commodities
    • Equities
      • Company Results
      • Dividends
      • Public Offer & Right Issues
      • Stock Market News
    • Fixed Income
    • Funds Management
    • Securities
  • Sectors
    • Agriculture
    • Aviation
    • Company News
    • Consumer Goods
    • Corporate Updates
    • Corporate deals
    • Corporate Press Releases
    • Energy
    • Entertainment
    • Financial Services
    • Health
    • Hospitality & Travel
    • Manufacturing
    • Real Estate and Construction
    • Renewables & Sustainability
    • Tech News
  • Financial Literacy
    • Career tips
    • Personal Finance
  • Lifestyle
    • Billionaire Watch
    • Profiles
  • Opinions
    • Blurb
    • Market Views
    • Op-Eds
    • Research Analysis
Nairametrics

Whatever Happened to the N500bn Social Welfare Package?

Chacha Wabara by Chacha Wabara
September 12, 2016
in Uncategorized
Whatever Happened to the N500bn Social Welfare Package?
Share on FacebookShare on TwitterShare on Linkedin

One of the cardinal campaign promises of the All Progressives Congress (APC) was the provision of a broad array of Social Welfare Programmes (SWP) aimed at the most vulnerable segments of our society – the old, the unemployed, school children and others.

To achieve these objectives, N500 billion was included in the 2017 budget to fund several programmes in education, employment and school feeding programme. Discernible observers had pointed out right from the start that the request for N500bn, the highest allocation for any programme ever, was made without any demonstrable plan for the attainment of the goals or details regarding how the funds allocated to each sub-programme would be raised and spent.

The fears of the critics appear well-founded. When the House of Representatives asked Mrs. Maryam Uwais, who is in charge of the SWP, to provide the situation report, she pleaded for more time for her to address the complex issues involved. Yet, eight months have expired; there are only four months left in the year. A programme which should have acted as a stimulus to an economy in recession since the first quarter of 2016 is still on the drawing board.

MoreStories

Weekly Stock Update: Nigerian Exchange Group record growth w-o-w, up by 0.48%

Access Holdings, Chams top activity as All-Share Index edges to 165,517 points 

January 26, 2026
Infinity Trust Mortgage Bank records N1.21 billion unaudited pre-tax profit in 2023

Infinity Trust Mortgage reports pre-tax profit of N3.02 billion for 2025

January 26, 2026

The question for the Federal Government is: was the N500bn put in the budget without a detailed plan? Are the details just now being worked out after arm-twisting a reluctant National Assembly to approve the budget with the N500bn included?

Clearly, it is now almost impossible to spend N500bn in four months without wasting a lot of it. Programmes like the recruitment of teachers and the provision of school meals are well behind schedule. The teachers who applied on-line have not been sorted out, offered appointments and posted to the schools. Food vendors have also not been selected and assigned for the supply of food to school children. But, schools will open in mid-September. Have these programmes been deferred till next year or what?

Uwais is not forthcoming with information; and the President, who made the promises, is not talking either. With each passing day, the credibility gap is opening up. A government which had lost a great deal of goodwill cannot afford to add failure to fulfil its Social Welfare promises to the list without a considerable loss of the support it needs from Nigerians to get the nation out of recession.

As late US President John Kennedy once observed, “The worst thing that can happen to a leader is to look back and discover that there is nobody following”. Failure to get these programmes off the ground this year will leave President Buhari leading only a few followers.

This article originally appeared in Vanguard News


Add Nairametrics on Google News
Follow us for Breaking News and Market Intelligence.
Tags: Consumer GoodsDeepdiveemploymentMuhammadu Buhari
Chacha Wabara

Chacha Wabara

Chacha Wabara-Ogbobine is a Legal practitioner with over 9years post call experience. A research Consultant, professional writer and a blogger at heart,owner of four thriving websites with well over 10years of experience. Totally in love with keeping fit and coaching weight loss enthusiasts. I love my quiet time, being with my kids, watching TV series for hours on end.

Next Post
Nigerian Immigration Service NIS jobs, National Information Technology Development Agency, NITDA begins investigation of Banks and NIS over data breach

CBN Moves to Restructure Nigeria’s Payment System

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

rabafast

access bank
nairametrics








DUNS

Follow us on social media:

  • HOME
  • ABOUT NAIRAMETRICS
  • CONTACT US
  • DISCLAIMER
  • ADs DISCLAIMER
  • COPYRIGHT INFRINGEMENT

© 2026 Nairametrics

Welcome Back!

Login to your account below

Forgotten Password? Sign Up

Create New Account!

Fill the forms below to register

All fields are required. Log In

Retrieve your password

Please enter your username or email address to reset your password.

Log In
Social Media Auto Publish Powered By : XYZScripts.com
No Result
View All Result
  • Home
  • Exclusives
    • Recapitalization
      • Access Holdings Offer
      • Fidelity Bank Offer
      • GTCO Offer
      • Zenith Bank Offer
    • Financial Analysis
    • Corporate Stories
    • Interviews
    • Investigations
    • Metrics
    • Nairalytics
  • Economy
    • Business News
    • Budget
    • Public Debt
    • Tax
  • Markets
    • Currencies
    • Cryptos
    • Commodities
    • Equities
      • Company Results
      • Dividends
      • Public Offer & Right Issues
      • Stock Market News
    • Fixed Income
    • Funds Management
    • Securities
  • Sectors
    • Agriculture
    • Aviation
    • Company News
    • Consumer Goods
    • Corporate Updates
    • Corporate deals
    • Corporate Press Releases
    • Energy
    • Entertainment
    • Financial Services
    • Health
    • Hospitality & Travel
    • Manufacturing
    • Real Estate and Construction
    • Renewables & Sustainability
    • Tech News
  • Financial Literacy
    • Career tips
    • Personal Finance
  • Lifestyle
    • Billionaire Watch
    • Profiles
  • Opinions
    • Blurb
    • Market Views
    • Op-Eds
    • Research Analysis
  • Login
  • Sign Up

© 2026 Nairametrics