National

12m households to bag N8,000 for months over subsidy removal – Tinubu

VAM News Update

Nigeria’s President, Bola Ahmed Tinubu has said 12million families will get N8, 000 over a period of six months to ameliorate the hardships faced by Nigerians as a result of subsidy removal.

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.

Details shortly..

VAM News

Recent Posts

Abuja roadside birth as mentally challenged woman delivers

The Federal Capital Territory Police Command has rescued an unidentified mentally challenged woman who delivered…

20 hours ago

Saturday morning blaze sparks panic in lagos

Panic gripped parts of Lagos in the early hours of Saturday following as fire outbreak…

21 hours ago

Troops arrest 13 Boko Haram supply suspects

Troops of the Nigerian Army have arrested 13 persons suspected to be part of a…

23 hours ago

Hon. Aderemi Guilder Debunks Stepping Down Rumour, Says He’s Still in Race for Idanre Assembly Seat

Our attention has been drawn to a rumour circulating around claiming that Hon. Oyewole Aderemi,…

2 days ago

Outrage as tinubu addresses plateau victims at airport

Some residents of Plateau State have berated President Bola Tinubu following his visit to the…

2 days ago

Gov. Adeleke Congratulates OOPA Chairman Lawrence Abioye, Other Excos, Harps on Professionalism

Osun State Governor, Senator Ademola Adeleke has congratulated the new leadership of Osun Online Publishers…

2 days ago