BREAKING: 12m households to get N8,000 for six months, says Tinubu

President Bola Ahmed Tinubu has said 12m families will get N8,000 over a period of six months to ameliorate the hardships faced by Nigerians as a result of subsidy removal.

In a letter to the House of Representatives read by Speaker Tajudeen Abbas during plenary on Tuesday, Tinubu said it was support to enable poor and vulnerable Nigerians cope with the cost of meeting basic needs.

 

The letter was for approval of additional financing for the national social safety net programme scaled up by the National Assembly.

He said this would have a multiplier effect on about 60 million individuals.

 

In order to guarantee the credibility of the process, he said digital transfers would be made directly to beneficiaries accounts.

Details shortly..

thepublisherngr

Recent Posts

If Nigeria Had Conscience, IBB Would Not Show His Face In Public – Dele Farotimi

Human rights lawyer, Dele Farotimi, has condemned the description of former Military President, Ibrahim Badamasi Babangida (IBB)…

2 days ago

Afenifere youth leader abducted in Abuja, kidnappers demand N100 million ransom

The National President of the Afenifere Youth Council, Prince Eniola Ojajuni, has been abducted by…

2 days ago

Natasha Akpoti-Uduaghan: Deji Adeyanju Threatens Akpabio, Family With Visa Ban

Human rights lawyer, Deji Adeyanju has threatened to petition various embassies to place visa ban…

2 days ago

Ibrahim Babangida’s Memoir: How I Destroyed Nigeria, By Bayo Oluwasanmi

No matter how hard Babangida tries to rewrite his own history, the grimness of his…

2 days ago

I had nothing to do with Dele Giwa’s death – IBB opens up

A former Military President of Nigeria, Ibrahim Badamosi Babangida, has denied any involvement in the…

2 days ago

Rivers Crisis: I Might Not Have Enjoyed Freedom If I Had Made Peace – Fubara

The Governor of Rivers State, Siminalayi Fubara has stated that God allowed the crisis in Rivers State…

4 days ago