US President Signs $740 billion Bills into Law

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US President, Joe Biden has signed a $740bn climate change, healthcare and tax bill into law.

In a signing ceremony at the White House on Tuesday, Biden heralded the Inflation Reduction Act for its record investment towards cutting carbon emissions.

According to reports, the bill includes nearly $370billion meant to encourage a shift away from fossil fuels.

It added that the estimated $740billion package is made up of $440billion in new spending and $300billion towards easing deficits.

Written by: Helen Obih

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The Federal government has revealed that it spent N24 billion on different empowerment and poverty reduction Schemes on its National Social Investment Programmes, NSIP, in Sokoto State. Minister of Humanitarian Affairs, Disaster Management and Social Development, Sadiya Farouk, who was represented by the National Coordinator of NSIP, Umar Bindir, made this known on Tuesday at the inauguration of disbursement of Cash Grant to Vulnerable Groups in the state. Farouk added […]

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