Nigerian President, Bola Ahmed Tinubu has assures Nigerians that N500 billion approved by parliament to cushion the pain occasioned by the end of subsidy regime will be judiciously utilised.
According to the statement released by the President’s aide, Dele Alake on Tuesday titled Reviews of N8,000 Cash Transfer, adding that the beneficiaries of the reliefs shall be Nigerians irrespective of their ethnic, religious or political affiliation.
Nigerian leader, Tinubu who constantly dialogue with Nigerians voted him into office covenanted with the people that their welfare and security will be topmost in the Renewed Hope Agenda of his government.
While reacting to the widely reported story of the proposed 12 million households from the poorest of the poor to give N8,000 monthly for a period of six months as palliative to reduce discomfort being experienced by Nigerians consequent upon subsidy removal.
He said a lot of ill-informed imputations have been read into the programme by not a few naysayers. “The Administration believes in the maxim that when there is prohibition, there must be provision.
“Since subsidy, the hydra-headed monster threatening to kill the economy, has been stopped, government has emplaced a broad spectrum of reliefs to bring help to Nigerians”.
While noted that the cash programme is not the only item in the whole gamut of relief package of his administration, as a listening leader who vowed to always put Nigerians at the heart of his policy and programme.
The President has directed that the N8,000 conditional cash transfer programmed envisaged to bring succour to most vulnerable households be reviewed immediately in deference to the views expressed by Nigerians against it.
That the whole gamut of palliative package of government be unveiled to Nigerians. Immediate release of fertilisers, grains to approximately 50 million farmers and households respectively in all the 36 states and the FCT.
Tinubu 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”.
Recalling 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.
This warranted the signing of four Executive Orders cancelling some classes of taxes, while suspending the implementation dates of others.
In addition, he also set up a Tax Reform/Fiscal Policy Committee to bring up recommendations that will engender a wholesome fiscal environment for the country and remove anti-business barriers.
Alake who on behalf of the President assured Nigerians that 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”, the Presidential aide said.
