US Congress agrees on N357 trillion COVID-19 relief package for citizens
- The United States Congress has come to the rescue of Americans by agreeing on $900 billion (N357,031,890,000,000) coronavirus relief package as pandemic hits harder
- Businesses and individuals will be receiving monetary assistance from the government as the world continues to battle the deadly COVID-19
- There is a temporary $300 per week (N119,010.63) supplemental benefit for unemployed Americans and $600 direct stimulus payments to most Americans
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The United States Congress has agreed on $900 billion (N357,031,890,000,000) COVID-19 package for the citizens of the country and businesses.
The disclosure was made on Sunday, December 20, by the Senate majority leader, Mitch McConnell, Daily Mail reports.
The House will be voting on the legislation on Monday, December 21, and Senate action will follow.
Most adults and children will be receiving $600 (N238,021.26) each. There is also an arrangement to pay unemployed citizens $300 (N119,010.63) unemployment supplement every week.
The benefit could begin by December 27, 2020, and run through March 14, 2021.
There is an arrangement of $45 billion (N17,851,594,500,000) as transportation assistance, including $15 billion (N5,950,531,500,000) to United States passenger airlines for payroll assistance.
The benefit also covers a $25 billion (N9,917,552,500,000) rental assistance to families struggling to stay in their homes, and an extension of the eviction moratorium.
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Meanwhile, Legit.ng previously reported that Governor Babajide Sanwo-Olu warned Lagos residents to comply with COVID-19 protocols, noting that the state, Nigeria's economic nerve centre, cannot afford another lockdown.
The Lagos state governor made this known in a statement seen by Legit.ng on Friday, December 18.
Governor Sanwo-Olu's statement followed the spike in the cases of COVID-19 cases in Lagos and other states in Nigeria.
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Source: Legit.ng