Buhari’s Stimulus Package Good For Economy, Says Uzodinma - Liberty TV/Radio - News - Voice For All! Vision For Alll!
Publisher (J.T)
April 8, 2020
Imo State Governor Hope Uzodinma has said thestimulus package by President Muhammadu Buhari would help steady the economypost-COVID-19.
He urged the National Assembly, the political classand economic drivers to support the package aimed at overcoming the economicchallenges posed by the coronavirus pandemic.
He said the package has vindicated his position thatonly a homegrown initiative will steer the country away from a post-COVID-19recession.
According to him, the package which includesinterest rate cuts on all applicable Central Bank of Nigeria CBN interventionfunds, as well as the creation of 1,000 jobs in each of the 774 LGAs, wouldassist Nigeria with the post-pandemic era.
Uzodinma hailed the one-year moratorium on loanservicing and the 50 billion naira targeted credit facilities for households,small and medium enterprises.