FG To Transfer N8,000 To 12 Million Poor Households For Six Months

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.

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.