President Bola Tinubu has promised that the distribution of cash palliatives as part of efforts to cushion the effect of the fuel subsidy removal will commence this month.
Tinubu made this known in his address of Nigeria’s 63rd Independence anniversary delivered in Abuja on Sunday.
Recall that the President removed the fuel subsidy in May after he was sworn in, and promised to roll out palliatives for Nigerians in the following month.In August, the Federal Government approved N5 billion for each state and the Federal Capital Territory to enable them procure food items for distribution to the poor in their respective states.
But, in addition to this, the president on the commemoration of the October 1 Independence anniversary said more cash would be given to families.
“Commencing this month, the social safety net is being extended through the expansion of cash transfer programs to an additional 15 million vulnerable households”, Tinubu said.
The president also announced the approval of N25,000 provisional allowance for junior federal workers over the next six months.
