President Muhammadu Buhari on Sunday said the federal government will provide relief materials for residents of Lagos and Abuja whom he ordered to stay-at-home as part of measures to curb the spread of covid19.
The president ordered a 14-day lockdown of Lagos, Ogun and Abuja from Monday in his first address to Nigerians on the pandemic.
Lagos and Abuja are the hardest-hit with 68 and 21 confirmed cases of the virus which started spreading across Nigeria since February 18.
So far, Nigeria has 111 confirmed cases.
“For residents of satellite and commuter towns and communities around Lagos and Abuja whose livelihoods will surely be affected by some of these restrictive measures, we shall deploy relief materials to ease their pains in the coming weeks”, he said.
President Buhari also suspended the repayment of TraderMoni, MarketMoni and FarmerMoni, a federal government loan scheme for a category of people.
“I have also directed that a similar moratorium be given to all Federal Government funded loans issued by the Bank of Industry, Bank of Agriculture and the Nigeria Export-Import Bank.
For on-lending facilities using capital from international and multilateral development partners, I have directed our development financial institutions to engage these development partners and negotiate concessions to ease the pains of the borrowers,” he added.