President Tinubu Directs Review of N8,000 palliative For Vulnerable Households, Says There’s Still More Fish To Eat
The Tinubu-led administration has announced a revision of the N8,000 cash transfer program intended to provide relief to vulnerable households affected by the recent removal of petrol subsidy.
This is due to the outrageous talks and criticism on the issue of Fuel Subsidy Removal.
Presidential spokesman, Dele Alake in a statement on Tuesday said the President’s commitment to dialogue with Nigerians and prioritize their welfare and security under the Renewed Hope Agenda has prompted this swift action.
It would be recalled that following the decision to halt the fuel subsidy, the Federal Government had proposed to implement a conditional cash transfer initiative, which would have granted N8,000 monthly for six months to 12 million households among the poorest of the poor.
In addressing the widespread concerns, the President emphasized that the cash program is just one part of a broader range of relief measures designed to ease the burden on Nigerians resulting from the subsidy removal.
In addition to the revision of the cash transfer program, the President has directed the unveiling of the entire bags of government palliative packages to Nigerians.
Alake said “In the last few days, the conventional and new media platforms have become awash with stories of the government intending to embark on conditional cash transfer to vulnerable households mostly affected by the painful but necessary decision to remove subsidy from petrol.