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Subsidy Palliatives: Tinubu Makes U-Turn, Directs Immediate Review of N8,000 Cash Transfer

President Tinubu’s administration has announced its intention to review the ₦8,000 monthly conditional cash transfer program, designed to provide support to vulnerable households affected by the recent decision to remove petrol subsidies.

In a statement issued on Tuesday, July 18, 2023, the Special Adviser to President Bola Ahmed Tinubu’s administration, Dele Alake, reiterated the administration’s commitment to prioritise the welfare and security of Nigerians, emphasising that the program will be reviewed in light of public feedback.

President Tinubu has directed the unveiling of the entire palliative package to the public. It is essential to recognise that the cash transfer is just one component of the comprehensive relief measures initiated by the government.

In addition to the review of the conditional cash transfer, President Tinubu has ordered the immediate release of fertilizers and grains to approximately 50 million farmers and households across the 36 states and the Federal Capital Territory (FCT). These actions are part of the broader effort to alleviate the burdens faced by the citizens following the subsidy removal.

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