News

Tinubu Says, 12 million Households Will Get N8,000

today07/13/2023 8

Background
share close

The President, Bola Ahmed Tinubu says about 12 million households 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 designed to enable indigent and vulnerable Nigerian people to cope with the cost of meeting basic needs.

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

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

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

Written by: Helen Obih

Rate it

Previous post

Sports News

Young Signs Deal with Everton

Former England international, Ashely Young has signed a one-year deal with Premier League side, Everton. Young joined the Toffees after his contract expired at Aston Villa in the summer. He becomes Everton’s first signing of the season as the club builds to avoid another 2022–23 season where the club almost got relegated. After his move, he revealed that manager Sean Dyche was instrumental in his decision to join the club. […]

today07/13/2023 29

Post comments (0)

Leave a reply

Your email address will not be published. Required fields are marked *

0%
Our customer support team is here to answer your questions.
error: Alert: Content is protected !!