TRENDING

Friday 26 July 2024

FG resumes cash transfer programme






Nigeria’s finance minister, Wale Edun, announced that over 600,000 families have received cash transfers from the federal government.


This programme, which had been paused for review, resumed recently.


President Bola Tinubu had stopped the cash transfer programme on July 18, 2023, for review.

 

The programme is managed by the National Social Investment Programme Agency (NSIPA) and was paused for six weeks to look into possible mismanagement.

 

The Information Minister Mohammed Idris confirmed on the radio that the government planned to restart these social help programs.


At a press briefing, Edun said President Tinubu is committed to helping ordinary Nigerians with transparent and accountable welfare programs.


He reported that since payments resumed, over 600,000 households received money this week.


Edun also spoke about the government’s progress in economic reforms, aiming to improve revenue in line with the 2024 budget.


He mentioned stopping the reliance on borrowing and predicted a 4% budget deficit for the year.


Edun acknowledged that these reforms might cause temporary problems but promised benefits soon.


He highlighted positive results like lower inflation and more foreign investments compared to last year.


One of the government’s main goals is to reduce food prices by boosting local production, as food costs affect inflation significantly.


Edun was optimistic about the economy’s recovery, expecting continuous growth, job creation, reduced poverty, and more investments to improve citizens’ welfare.


Support KAKAKIOODUA Online Media Services for better performance, integrity and credibility


At KAKAKIOODUA, we firmly believe in the publication of local content at it affects Ijesaland as we have realized that there was a media blackout on the activities of patriotic Ijesaland sons and daughters.


We are dedicated to delivering on-the-spot coverage and this requires a lot of expenses.


We value your readership thus we also extend our tentacles to national and international daily news updates, in-depth investigations into pressing local and national issues, or political and entertaining trending stories.



It’s essential to acknowledge that news production and on-the-spot coverage incur expenses as we plan to multiply our efforts.


Would you consider supporting us with a modest contribution?


Send your tokens to our CEO,

 

Oladimeji Lasore 


FIRST BANK

2034494099


ECOBANK

4771101196


Thank you and God bless


ADVERTISEMENT 

👇 Click to watch video 👇


Daniel Adewole Awe Medical Center is a healthcare facility located in Ilesa, Osun State, providing quality primary and secondary healthcare services to the community and its environs. 


 



 





No comments:

Post a Comment