Economic stimulus package is in the pipeline – Anambra State Government


By Chima Christian

I’ve been told the state’s economic team is drafting an “emergency multi faceted economic stimulus package for Ndi Anambra”.

Mark Okoye, the Honourable Commissioner for Economic Planning, Budget and Development Partners said this in a reaction to our cry for help.

I have his permission to reproduce his reply. I’ll highlight specific portions of his intervention for emphasis.

Hear him;

“Thanks Chima. This is already been worked. So far, fortunately and unfortunately, Lagos is the worst hit during this pandemic so far, that has strategically positioned them from a funding stand point. 10bn grant from FG, banks and oil companies building makeshift hospitals, etc.

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“Nigeria is being hit harder than most countries given the nation’s reliance on one export product. So not only are we dealing with a public heath emergency, revenue is likely to drop 45%. Sets up a pretty interesting situation for all.

“But be that as it may, Governor Obiano is not relenting given the challenging fiscal environment. He currently chairs the COVID response committee tackling the pandemic and has demanded a draft emergency multi faceted economic stimulus package for Ndi Anambra for his review. The economic team is currently working tirelessly on this. The key objective will be to ameliorate the impact of the loss in economic activity on the state and its people, especially the poor and vulnerable.

“Thanks for the write up, good job.”

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[End of Quote]

This is a bit reassuring. I’ll now eat my garri and “lockdown” in peace. But I won’t eat my normal ration maka adi ama ama. A painter of garri at home is worth two in the bush.

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