29th March, 2020
President Muhammadu Buhari announced various relief measures on Sunday to mitigate the effects of the sweeping measures to roll back the coronavirus pandemic
In his broadcast, he mentioned school children, who have been enjoying government’s school feeding and beneficiaries of government’s social investment programme, such as TraderMoni, MarketMoni and FarmerMoni.
“Although schools have been closed, I have instructed the Ministry of Humanitarian Affairs, Disaster Management and Social Development to work with State Governments in developing a strategy on how to sustain the school feeding program during this period without compromising our social distancing policies.
“The Minister will be contacting the affected States and agree on detailed next steps.
“Furthermore, I have directed that a three month repayment moratorium for all TraderMoni, MarketMoni and FarmerMoni loans be implemented with immediate effect.
“I have also directed that a similar moratorium be given to all Federal Government funded loans issued by the Bank of Industry, Bank of Agriculture and the Nigeria Export Import Bank.
“For on-lending facilities using capital from international and multilateral development partners, I have directed our development financial institutions to engage these development partners and negotiate concessions to ease the pains of the borrowers.
“For the most vulnerable in our society, I have directed that the conditional cash transfers for the next two months be paid immediately. Our Internally displaced persons will also receive two months of food rations in the coming weeks.
Buhari appealed to all Nigerians to take personal responsibility to support those who are vulnerable within their communities, helping them with whatever they may need.
“As we all pray for the best possible outcome, we shall continue planning for all eventualities.
“This is why I directed that all Federal Government Stadia, Pilgrims camps and other facilities be converted to isolation centres and makeshift hospitals”