Friday, 19 April 2024.

Top 5 This Week

Related News

FG to pay 15 million households N25,000 each for 3 months

By Mo Isa

To cushion the effect of the current economic hardship faced by the country, the Federal Government has earmarked 15 million households to benefit from the national cake.

According to Wale Edun, Minister of Finance and Coordinating Minister of the Economy, the 15 million households will receive N25,000 for the next three months.

Edun revealed this in an interview with Channels Television on Friday, saying, “Mr president is bringing an intervention programme, which has direct payments of N75,000 each, over three months, that is N25,000 a month to 15 million households and each household is about five people. So that effectively provides funding for 75 million people.

READ ALSO | Cross River’s Patrick Egba makes history as sole FIFA-Badge referee

“That all-important programme has been revamped to make sure that it is robust and to make sure that each beneficiary has a NIN number and a BVN number or access to mobile money accounts so that we are sure that the right people are paid and that the system is fraud-free.

“In addition, the intervention will put food on people’s tables as well as make food affordable for the average Nigerian…all in an effort to increase the availability of food in the markets.”

Mo Isa
Mo Isa
Mo Isa is writer whose pen only curate the latest news within your neighbourhood.

Latest News