December 30, 2024
Subsidy Removal: FG to disburse $800m to 50m Nigerians as palliative

Subsidy Removal: FG to disburse $800m to 50m Nigerians as palliative

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Zainab Ahmed, minister of finance, budget and national planning, has said that the FG will remove fuel subsidies by 2022 and replace them with N5000 monthly transportation grant to the poorest Nigerians.

Speaking Tuesday, Nov. 23, at the launch of the World Bank Nigeria Development Update (NDU), she said the grant will go to about 30 to 40 million Nigerians who are the poorest in the country.

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