President Bola Tinubu has announced a revision of the N8,000 cash transfer program intended to provide relief to vulnerable households affected by the recent removal of petrol subsidy.
Presidential spokesman, Dele Alake in a statement on Tuesday said the President’s commitment to dialogue with Nigerians and prioritize their welfare and security under the Renewed Hope Agenda has prompted this swift action.
Recall that following the decision to halt the fuel subsidy, the Federal Government had proposed to implement a conditional cash transfer initiative, which would have granted N8,000 monthly for six months to 12 million households among the poorest of the poor.
However, the plan was met with a barrage of criticism, with many expressing ill-informed concerns and doubts about the program’s effectiveness.
Recognizing the importance of addressing public sentiment and fostering inclusivity in policy-making, President Tinubu has heeded the voices of the people and instructed an immediate review of the cash transfer program.
The President emphasized that the cash program is just one part of a broader range of relief measures designed to ease the burden on Nigerians resulting from the subsidy removal.
In addition to the revision of the cash transfer program, the President has directed the unveiling of the entire gamut of government palliative packages to Nigerians
Alake said “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.
Alake said the President further assures Nigerians that the N500bn approved by parliament to cushion the pain occasioned by the end of subsidy regime will be judiciously utilised.
According to him, the beneficiaries of the reliefs shall be Nigerians irrespective of their ethnic, religious or political affiliation.
He said 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.
He 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.
The President believes government exists to cater for the interest of the people and he has demonstrated this so clearly.
Leadership
