Vice President Yemi Osinbajo yesterday proposed that N1tr bailout should be given to the poor annually to stimulate the country’s economy.

Speaking during the 9th Presidential Quarterly Business Forum at the old Banquet Hall of the State House, Abuja, he said, “If we spend N1tr to bailout the poor in this country every year, we will make a massive difference.”

FG Has Spent N220 billion On School Feeding, Trader Moni, N-Power and NCTP

He said the Federal Government has so far spent N15bn on interest-free loans across the country.

“The loans ranging from N50,000 to N350,000 have been disbursed to more than 300,000 market women, traders, artisans, farmers across all 36 States of the country and the FCT.