The nature of palliatives that the government of President Bola Tinubu is set to unveil as a result of the hardship occasioned by the removal of subsidy on petrol has been revealed
According to President Tinubu, 12m families will get N8, 000 over six months to cushion the hardships faced by Nigerians.
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.
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