President Bola Ahmed Tinubu has unveiled an initiative aimed at easing the burden faced by Nigerians following the removal of subsidies.
In a letter presented to the House of Representatives, Speaker Tajudeen Abbas revealed that 12 million struggling families would receive N8,000 each over a period of six months.
The financial assistance, as outlined by President Tinubu, is a crucial step to empower vulnerable Nigerians to meet their basic needs effectively.
With an estimated impact on approximately 60 million individuals, this initiative is expected to have a profound multiplier effect on the nation’s social fabric.
To ensure transparency and efficiency, President Tinubu emphasized that the disbursement process would be carried out via direct digital transfers to the beneficiaries’ accounts.
This approach not only guarantees credibility but also streamlines the delivery of much-needed support to those who need it most.
The implementation details of this program will be made available, promising additional insights into its comprehensive scope and the broader positive implications for the Nigerian population.
