Democracy Newsline NewspaperDemocracy Newsline Newspaper
  • Home
  • Politics
    Politics
    Show More
    Top News
    In Rivers, Asíwájú Tinubu harps on unity, non-violence
    3 years ago
    Kogi Guber: Olayinka Braimoh Popularity Soars Ahead of other candidates  
    2 years ago
    Labour Party Dismisses Report of Arrest of National Chairman
    2 years ago
    Latest News
    LG Election: Ebonyi Journalist Declares Interest for Ishielu Chairmanship Poll
    6 days ago
    APC Mobilization Gains Momentum in Otu Ward, Kabba/Bunu Local Government Area 
    3 weeks ago
    INEC Recognizes David Mark as ADC Chairman, Aregbesola as Secretary
    3 weeks ago
    Elrufai, politics is beyond mathematical projections – Edward Onoja
    4 weeks ago
  • Technology
    TechnologyShow More
    Key Takeaways from the Kogi Dialogue Marking Governor Ododo’s First Year in Office
    8 months ago
    Bala Wunti in the News Again
    8 months ago
    Dangote Refinery Slashes Ex-Depot Petrol Price to N890 Per Litre
    8 months ago
    Ajaokuta LNG Plants Will Position Kogi as a Key Player in Nigeria’s Energy Sector – Governor Ododo
    8 months ago
    Ughievwen Monarch Commends Tinubu for Approval of New 10,000 bpd Refinery in Imode
    8 months ago
Reading: PRESIDENT TINUBU ORDERS FOR IMMEDIATE REVIEW OF THE N8, 000 CASH TRANSFER POLICY FOR VULNERABLE HOUSE HOLDS 
Share
Notification Show More
Latest News
Aare Olayinka Segelu Hails Ladoja’s Coronation, Says New Olubadan’s Reign Will Usher Prosperity
News
INDEPENDENCE ANNIVERSARY MESSAGE: Professor Hafsat Abdullahi Umar Ganduje Congratulates Nigerians on 65th Independence Anniversary
News
Democracy Newsline Newspaper Celebrates Comrade Juwon Oloruntoba’s Birthday
News
A Parade of Power: Governor Yusuf’s Bold Rebuke Echoes Through Nigeria
News
Nigeria @ 65: Kabba/Bunu/Ijumu Federal Constituency Will Be Great Again
News
Aa
Democracy Newsline NewspaperDemocracy Newsline Newspaper
Aa
  • Economics
  • Politics
  • Business
  • Science
  • Technology
  • Home
  • Politics
  • Technology
Have an existing account? Sign In
Follow US
  • Advertise
© 2023 Democracy Newsline All Rights Reserved.
Democracy Newsline Newspaper > News > News > PRESIDENT TINUBU ORDERS FOR IMMEDIATE REVIEW OF THE N8, 000 CASH TRANSFER POLICY FOR VULNERABLE HOUSE HOLDS 
News

PRESIDENT TINUBU ORDERS FOR IMMEDIATE REVIEW OF THE N8, 000 CASH TRANSFER POLICY FOR VULNERABLE HOUSE HOLDS 

Democracy Newsline
Last updated: 2023/07/18 at 8:12 PM
Democracy Newsline 2 years ago
Share
SHARE

 

STATE HOUSE PRESS RELEASE

PRESIDENT TINUBU ORDERS FOR IMMEDIATE REVIEW OF THE N8, 000 CASH TRANSFER POLICY FOR VULNERABLE HOUSE HOLDS

You will agree with me that it has become part of the culture of President Bola Ahmed Tinubu administration to constantly dialogue with Nigerians who voted him into office. The President covenanted with Nigerians that their welfare and security will be topmost in the Renewed Hope Agenda of his government.

In the last few days, the conventional and new media platforms have become awash with stories of the government intending to embark on conditional cash transfer to vulnerable households mostly affected by the painful but necessary decision to remove subsidy from petrol.

The story has been widely reported that the Federal Government is proposing to give 12 million households from the poorest of the poor N8,000 monthly for a period of six months as government palliative to reduce the discomfort being experienced by Nigerians consequent upon subsidy removal.

A lot of ill-informed imputations have been read into the programme by not a few naysayers. The Administration believes in the maxim that when there is prohibition, there must be provision. Since subsidy, the hydra-headed monster threatening to kill the economy, has been stopped, government has emplaced a broad spectrum of reliefs to bring help to Nigerians.

While it should be noted that cash programme is not the only item in the whole gamut of relief package of President Bola Ahmed Tinubu, as a listening leader who has vowed to always put Nigerians at the heart of his policy and programme, the President has directed as follows:-

1. That the N8,000 conditional cash transfer programmed envisaged to bring succour to most vulnerable households be reviewed immediately. This is in deference to the views expressed by Nigerians against it.

2. That the whole gamut of palliative package of government be unveiled to Nigerians.

3. Immediate release of fertilisers and grains to approximately 50 million farmers and households respectively in all the 36 states and the FCT.

The President further assures Nigerians that the N500 billion approved by parliament to cushion the pain occasioned by the end of subsidy regime will be judiciously utilised. The beneficiaries of the reliefs shall be Nigerians irrespective of their ethnic, religious or political affiliation.

President Bola Tinubu has promised to always prioritize the wellbeing of Nigerians and he is irrevocably committed to the vow. A number of decisions taken so far by this Administration have buttressed this stance.

You will recall that the President took a similar decision after listening to complaints from the business community/stakeholders about burdensome taxes, particularly multiplicity of taxes they are made to experience. This warranted the signing of four (4) Executive Orders cancelling some classes of taxes, while suspending the implementation dates of others.

In addition, the President has also set up a Tax Reform/Fiscal Policy Committee to bring up recommendations that will engender a wholesome fiscal environment for the country and remove anti-business barriers.

I wish to assure Nigerians that President Tinubu will continue to be a listening leader whose ears will not be dull to the views expressed by the citizenry. The President believes government exists to cater for the interest of the people and he has demonstrated this so clearly.

Thank you all.

 

Dele Alake

Special Adviser to the President

(Special Duties, Communications and Strategy)

July 18, 2023

 

You Might Also Like

Aare Olayinka Segelu Hails Ladoja’s Coronation, Says New Olubadan’s Reign Will Usher Prosperity

INDEPENDENCE ANNIVERSARY MESSAGE: Professor Hafsat Abdullahi Umar Ganduje Congratulates Nigerians on 65th Independence Anniversary

Democracy Newsline Newspaper Celebrates Comrade Juwon Oloruntoba’s Birthday

A Parade of Power: Governor Yusuf’s Bold Rebuke Echoes Through Nigeria

Nigeria @ 65: Kabba/Bunu/Ijumu Federal Constituency Will Be Great Again

Democracy Newsline July 18, 2023
Share this Article
Facebook Twitter Whatsapp Whatsapp Telegram Email
Previous Article Kogi Assembly Speaker, Aliyu Yusuf Hosts Hunters Warriors
Next Article Sen. Ohere Seeks FG Intervention In Etahi, Osochiokodo, Oguda, other Erosion prone Communities in Kogi Central.
Leave a comment

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

about us

We influence 20 million users and is the number one business and technology news network on the planet.

  • Advertise

Find Us on Socials

© Foxiz News Network. Ruby Design Company. All Rights Reserved.

Removed from reading list

Undo
Welcome Back!

Sign in to your account

Lost your password?