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Twelve Million Poor Households to Benefit N8,000 Cash Transfer by FG For Six Months

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President Bola Tinubu has disclosed a plan by the Federal Government to transfer N8,000 to 12 million poor households in Nigeria for a period of six months.

This was contained in a letter the President wrote to the House of Representatives regarding the 800 million dollars loan request of the Buhari administration for the social safety net programme.

The president is asking for approval of the House to secure the loan.

According to the President, the money transfer to poor households would have a multiplier effect on about 60 million individuals.

For credibility, the President said the money will be transferred to the households digitally.

Few weeks before the end of his tenure, the immediate past President, Muhammadu Buhari, had written to the Senate seeking approval to take a loan to the tune of $800 million from the World Bank to cushion the effects of subsidy removal.

Former Minister of Finance, Budget and National Planning, Zainab Ahmed, had stated that the disbursement of the grant was in light of the planned subsidy removal in June 2023.

President Tinubu did not waste time in removing the petrol subsidy, announcing its end during his inaugural speech on May 29.

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JUST IN: President Tinubu Extends Customs Boss Adeniyi’s Tenure by One Year

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President Bola Tinubu has approved a one-year extension for the Comptroller-General of the Nigeria Customs Service, Bashir Adewale Adeniyi. Originally set to end in August 2025, his tenure will now continue until August 2026.

According to a statement signed by Special Adviser Bayo Onanuga, the extension aims to give Mr. Adeniyi the opportunity to consolidate key reforms and oversee the completion of major initiatives, including the modernisation of Customs operations, the National Single Window Project, and Nigeria’s obligations under the African Continental Free Trade Area (AfCFTA).

President Tinubu commended Adeniyi’s leadership and expressed confidence that the extension would bolster trade facilitation, boost revenue generation, and enhance border security.

Appointed Comptroller-General in October 2023, Adeniyi recently achieved international recognition when he was elected Chairperson of the Council of the World Customs Organization, the highest decision-making body in global customs affairs.

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Kogi Governor Commends President Tinubu over Abuja-Lokoja Road Reconstruction

The Governor also commended the Works Minister, Engr Dave Imahi for the quality of job on the road.

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The Governor of Kogi State, His Excellency Alh. Ahmed Usman Ododo has commended President Bola Ahmed Tinubu for showing unparalleled commitment towards the completion of the Abuja-Lokoja road Reconstruction, saying his action has demonstrated his unwavering determination to fix the nation’s infrastructure deficit.

The Governor while inspecting a section of the road at Kotonkarfe in Kogi State said the President represents a “coalition of excellence”.

“This is our own coalition. This is what our President is doing and we are grateful to him. This is development”, he said.

The Governor also commended the Works Minister, Engr Dave Imahi for the quality of job on the road.

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JUST IN: Oluremi Tinubu Donates 1 Billion naira to victims of Yelwata attack

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The Wife of the President Oluremi Remi Tinubu has donated the sum of one billion naira to victims of the horrific Yelwata attack in Benue State.

Oluremi Tinubu who announced the donation during her condolence visit to the state, described the killings as very unnecessary.

About 6 weeks after the heart wretching attack on Yelwata community of Guma local council of Benue State State Wife of the President Oluremi Tinubu visits to pay her condolence.

She proceeds to the new banquet hall of the Government house Makurdi where she meets with relevant stakeholders and makes a significant donation on behalf of council of the renewed hope agenda initiative.

Earlier State Governor Hyacinth Alia while appreciating the show of sympathy by the first family renewed his call for the establishment of State police.

Chairman State Council Of Chiefs the Tor Tiv Orchivirigh James Ayatse wants the killer terrorists flushed out of the State and neighbouring Nassarawa State.

He equally called for compensation for victims to rebuild their lives and return back to their ancestral homes.

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