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.
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The president is asking for approval of the House to secure the loan.
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According to the President, the money transfer to poor households would have a multiplier effect on about 60 million individuals.
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For credibility, the President said the money will be transferred to the households digitally.
More Details Shortly…
