x

FG Announces $800m World Bank Grant For Subsidy Palliatives

The Federal Government has announced a $800 million World Bank grant, as part of its subsidy palliatives measures.

The Minister of Finance, Budget and National Planning, Zainab Ahmed disclosed this during the weekly after the Federal Executive Council meeting chaired by President Muhammadu Buhari today (Wednesday).

According to the minister, the palliatives would be targeting 50 million vulnerable Nigerians or 10 million households.

Ahmed underscored that engagements are ongoing with the newly established Presidential Transition Council (PTC) and the incoming administration, to drive the palliative program, which includes the need for buses among various considerations.

Meanwhile the Federal Government has approved the sum of 10.9 billion naira for the supply and installation of information and communication technology components for the 2023 National population census scheduled to hold in May.

This was part of the approvals by FEC today chaired by President Muhammadu Buhari.

Details later…

Hot this week

Kaduna Partners REA to Boost Renewable Energy Access, Drive Industrial Growth

By Achadu Gabriel, KadunaThe Kaduna State Government, under the...

Chief (Dr.) Obele becomes the new Onu Igala, Ganaja Community

By Noah Ocheni, LokojaChief (Dr.) Isah Peter Obele...

Kogi First Lady Advocates Women Empowerment for Economic Independence

By Noah Ocheni, LokojaThe wife of the Kogi State...

Principal Urges Parents to Monitor Children’s Activities to Curb Social Vices

By Noah Ocheni, LokojaThe Principal of GYB Model Science...

CHAIN Urges Federal Government to Adopt National Policy on Religious Freedom and Equal Protection

By Achadu Gabriel, KadunaThe Christian Awareness Initiative of Nigeria...

North-Central APC Forum Backs Mutfwang, Rejects Plateau APC Leaders’ Move to Block Defection

By Israel Adamu, JosThe North-Central All Progressives Congress (APC)...

Nasarawa Farmers Triple Rice Yields with Climate-Smart Farming Innovations

By Abel Zwanke, LafiaFarmers in Nasarawa State have recorded...

Ex-Liverpool Star Explains Why Arsenal Won’t Win the Premier League This Season

Arsenal’s blistering start to the season has reignited hopes...

Ruben Amorim’s Tactical Shift Could Earn Manchester United £24 Million

Ruben Amorim’s bold decision to deploy a striker-less formation...

NGO Trains Plateau Judges, Security Operatives on Enforcement of Child Rights Law 2005

By Israel Adamu, JosThe Child Protection Network (CPN), Plateau...

Related Articles

Popular Categories

spot_imgspot_img