Forex trading schools in kenya
Nearly two years after taking office, Nigeria’s President Muhammadu Buhari is making good on an election vow to help the poor, deploying a welfare scheme that is gaining traction across Forex trading schools in kenya. Up to five million people should benefit by 2021. Vice-President Yemi Osinbajo has estimated that 110 million of the country’s 180 million people are extremely poor, struggling to put food on the table or pay for healthcare and education. Nigeria’s official minimum wage is 18,000 naira — not enough given the rising cost of living.
But the government hopes the extra cash will allow beneficiaries to save, buy goats, send their children to school or start small businesses. Maryam Uwais, a special advisor in the presidency for social issues, told AFP. It is a start and we are keen on pushing forward the scheme. 977 billion naira over three years. 500 million, but it still needs parliamentary approval, which is far from guaranteed. 30 billion of overseas money to offset the impact of falling oil prices and economic recession.
The recession, which was officially declared last year, has largely been caused by a slump in oil revenue, on which Nigeria depends. Inflation has soared to nearly 20 percent, especially for consumer products such as palm oil and rice, as well as for transport. Foreign currency is in short supply. Other welfare projects include youth training schemes, food distribution programmes in primary schools, and micro-credit initiatives for women — a first in a country with a free-market tradition. But unlike elsewhere in Africa, such as in South Africa or Kenya, help is not necessarily provided to older people or the disabled.