Brazilian citizens demand for better health care and education will be answered as soon as president Dilma Rousseff signs into law a bill that will use 100% of the nations oil profits to remedy those ills.

Millions of Brazilians took to the streets in June to protest police brutality, poverty and lack of health care; and law makers in Congress listened, drafting a law in july that will funnel 75% of oil profits to education and 25% to health care.

Rousseff on Monday hailed the law as an “historic victory” and said royalties from the first of a series of new offshore oil fields, which are to be opened for bidding starting in October, could yield $150-300 billion in royalties over the next 35 years.

“For me and my government education is the principal pillar to transform Brazil into a great nation, assuring that our people are freed from poverty,” she said in her weekly radio address.

The law, which awaits Rousseff’s signature, was approved by the Senate in early July and passed by the lower house last week.

AFP