President Bola Ahmed Tinubu has said 12 million families will get N8, 000 over a period of six months to help cushion the economic hardship being faced by all Nigerians following the removal of fuel subsidy.
The Nation reports that the President stated this in a letter addressed to the House of Representatives read by Speaker Tajudeen Abbas during plenary on Tuesday, July 11.
President Tinubu said the money will 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.
The President 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.
Related: Smur Lee – Hate On Me ft. Treepz, Stuph Chain Mp3 | Free Audio Download
Last updated: Just Now
See All Latest Nigerian Music Right Now!!!
Share On:
Top 10 Hottest Songs
Music Why More Nigerians Are Choosing Streaming Over Download
Nigerian / African Music Darkoo – Solar ft. Ruger
Nigerian / African Music Angélique Kidjo – Aye Kan (Are You Coming Back?) ft. Ayra Starr
Nigerian / African Music Jeriq – WINNER
Nigerian / African Music ZerryDL – Igho
Nigerian / African Music ZerryDL – Stack ft. Jenerall, Tega Boi DC
Nigerian / African Music Black Sherif – PopStar
Nigerian / African Music DJ Big N – I Like To Party ft. Phyno
Nigerian / African Music Boy Spyce – Arise ft. Falz
Nigerian / African Music Evado – Thankful ft. Jeriq