PBAT Directs Review Of Proposed N8000 Palliative

President Bola Tinubu has directed that the 8000 Naira conditional cash transfer envisaged to bring succour to vulnerable households be reviewed immediately in deference to the views expressed by Nigerians against it.

The President also directed that the whole gamut of palliative package of government be unveiled to Nigerians.

This directive is contained in a statement signed by the Special Adviser on Special Duties, Communications and Strategy to the President, Mr. Dele Alake, in Abuja.

The statement says the President ordered an Immediate release of fertilisers and grains to approximately 50 million farmers and households respectively in all the 36 states and the FCT.

It says tbe President assures Nigerians that the N500 billion approved by parliament to cushion the pain occasioned by the end of the subsidy regime will be judiciously utilised and beneficiaries of the relief shall be Nigerians irrespective of ethnic, religious or political affiliation.

According to the statement, the latest decision is a reaction to criticisms and condemnations that followed the decision of the Federal Government to give 8000 Naira conditional cash transfer to 12 million poor and vulnerable households for a period of 6 months as part of Palliative measures to cushion the hardship caused by the termination of fuel subsidy payment.

The statement says the decision of president Tinubu to review the conditional Cash transfer programme is a proof that he is a listening leader who has vowed to always put Nigerians at the heart of his policies and programmes.

It stresses that the President took a similar decision after listening to complaints from the business community, and stakeholders about the burden of taxes, particularly multiplicity of taxes they are made to experience.

This necessitated the signing of four Executive Orders cancelling some taxes, while suspending the implementation dates of others.

 

Mon/Georgina Humphrey, Edited By Grace Namiji