Subsidy removal: Govs plan cash transfers to poor households

Subsidy removal: Govs plan cash transfers to poor households

The National Economic Council comprising 36 state governors and Vice President Kashim Shettima has concluded a plan for state governments to implement cash transfer programmes using state-generated social registers.

It said states-generated social registers would better reflect the number of vulnerable Nigerians to be reached with such cash transfer or palliative scheme.

This came on the heels of the plan by the government to roll out its intervention measures to cushion the effects of the hardships facing Nigerians, following the removal of the controversial fuel subsidy.

At its last meeting, the NEC had set up a sub-committee, which was tasked with coming up with plans to reduce the harsh economic conditions trailing the removal of fuel subsidy and the unification of the exchange rates.

Source: The Punch

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