President Tinubu Directs Immediate Revie of N8,000 Palliative

President Bola Ahmed Tinubu has directed that the N8,000 conditional cash transfer programme envisaged to bring succour to most vulnerable households be reviewed immediately. This is in deference to the views expressed by Nigerians against it.

The President also assured Nigerians that the N500 billion approved by parliament to cushion the pain occasioned by the end of subsidy regime will be judiciously utilised. This was contained in a statement signed by Dele Alake, the Special Adviser to the President on Special Duties, Communications and Strategy.

He said the beneficiaries of the reliefs shall be Nigerians irrespective of their ethnic, religious or political affiliation.Recall that in the last few days, the media 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.

Alake said 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 administration, he has also directed that the whole gamut of palliative package of government be unveiled to Nigerians including the immediate release of fertilisers and grains to approximately 50 million farmers and households respectively in all the 36 states and the FCT. 

President Bola Tinubu has also promised to always prioritize the wellbeing of Nigerians and he is irrevocably committed to the vow. Recall that the President took a similar decision after listening to complaints from the business community and stakeholders about burdensome taxes, particularly multiplicity of taxes they are made to experience and signed four (4) Executive Orders cancelling some classes of taxes, while suspending the implementation dates of others.

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