President Tinubu Directs The Reassessment Of The N8,000 Palliative
President Bola Ahmed Tinubu on Tuesday ordered a reassessment of his administration’s plan to provide a monthly N8,000 to 12 million of the poorest households in the country for six months, in a bid to cushion the effects of the removal of fuel subsidy.
The plan was contained in a letter read last Thursday on the floor of the House of Representatives regarding the $800 million loan request of the previous Muhammadu Buhari administration for a social safety net program.
The President’s Special Adviser on Special Duties, Communications, and Strategy, Dele Alake, in a statement on Tuesday, noted that the cash program was not the only item in the relief package initiated by Tinubu.
Alake also made it known that the President vowed to always put Nigerians at the heart of his policy and program.
According to him, Tinubu directed “that the N8,000 conditional cash transfer programmed envisaged to bring succor to most vulnerable households be reviewed immediately”.
He added that “this is in deference to the views expressed by Nigerians against it.”
The President also directed that the entirety of the government’s palliative package be unveiled to Nigerians while ordering the immediate release of fertilizers and grains to approximately 50 million farmers and households respectively in all 36 states and the FCT.