12 million families will receive N8,000 in six months as a palliative to cushion the economic hardship caused by subsidy removal.
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.
For Advert, Event Coverage, PR, Story/Article Publication & Other Media Services Pls., Send Email To: thelegendnews25@gmail.com
Please Visit thelegendnewsng.com To Read More Latest,Health, Happenings, And Interesting News
