Home NEWS Nigeria Will Replace Fuel Subsidy with N5,000 Transport Grant for Poorest Citizens

Nigeria Will Replace Fuel Subsidy with N5,000 Transport Grant for Poorest Citizens

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Nigeria Will Replace Fuel Subsidy with N5,000 Transport Grant for Poorest Citizens
Nigeria Will Replace Fuel Subsidy with N5,000 Transport Grant for Poorest Citizens

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.