President Muhammadu Buhari has announced multiple allowances to astronomically increase the take-home pay of officers of Nigeria Police at all levels.
President Buhari led the cat out as outcome of Wednesday 15, 2021 Federal Executive Council meeting presided by him in the Villa.
In a post made Mr. Buhari on his official Facebook monitored by 9News Nigeria, Mr. President said:
“The Council approved an increase in the Take-Home Pay of our Police Officers, by way of increases in existing allowances like Duty Tour Allowance, Rent Subsidy, Shift Duty Allowances, and others, as well as the creation of a new special Allowance”.
“Funds have also today been approved to cover a number of areas such as insurance premiums, death benefits and burial expenses for fallen personnel, and the repairs and replacement of damaged police infrastructure and assets”.
“Also approved was a Tax Waiver that will apply to junior personnel in the Force, which will also ensure that they are able to go home with more money each month”.
“Our commitment to Police welfare should never be in doubt. We have made promises in this regard in the past, and we intend to fulfill them all to the letter”.
In further development, the President announced the coming together of the Presidency, the Ministry of Communication and Digital Economy, and the Private Sector to create a National Council for Digital Innovation and Entrepreneurship to be chaired by the President.
On the take off of the new agency President Buhari said:
“The Council approved the Nigeria Startup Bill (NSB), which will ensure an enabling environment and regulatory support for our Startups”.
“I have directed the Minister of Communications and Digital Economy and the Minister of Justice and Attorney General of the Federation to ensure that this transformative Bill is speedily transmitted to the National Assembly for deliberation and passage”.
“The Nigeria Startup Bill, the product of a collaboration between the Presidency, the Ministry of Communications and Digital Economy, and the Private Sector, will create a National Council for Digital Innovation and Entrepreneurship, chaired by the President, and with all relevant stakeholders on board”.
“The Bill also provides for the establishment of a Federal Government Seed Fund for Nigerian startups and innovators, and National Innovation Parks and Hubs, as well as tax and other fiscal incentives to support Nigerian innovation”.
On other approval made by FEC the President said:
“The Council approved the award of contract for equipment for the transmission component of the Presidential Power Initiative (PPI), our flagship intervention to modernize and upgrade power transmission and distribution infrastructure in the country. In addition Council approved the engagement of Transaction Advisers and other Consultants for the implementation of the first phase of the PPI”.
“I remain very confident that the Presidential Power Initiative will be a game-changer in our overall multi-pronged effort to achieve electricity self-sufficiency in Nigeria”.