Politics
Kaduna Governor Uba Sani Labels Cash Transfer as Scam Amidst Subsidy Removal Controversy
Kaduna Governor Uba Sani Labels Cash Transfer as Scam Amidst Subsidy Removal Controversy....KINDLY READ THE FULL STORY HERE▶
Written By Oshiobugie Omo-Ikirodah
Kaduna State Governor, Uba Sani, has strongly criticized the proposed cash transfer policy of the Federal Government, labelling it as a scam. He expressed this view during an interview with Arise Television’s News Night on Friday. CONTINUE READING
Governor Sani argued that cash transfer, especially in the current situation, should not be considered as a viable solution. He referred to his experience overseeing the banking sector and the economy as the Chairman of the Committee of Banking for four years in Nigeria, stating that about 70 to 75 percent of the rural population in the North West are financially excluded, and many do not even have bank accounts. He questioned the feasibility of transferring money to people who are not financially included.
The Governor emphasized the importance of focusing on financial inclusion for the vulnerable population. He called on development partners, including the World Bank, to invest in initiatives that would bring more people into the financial services sector. According to him, opening bank accounts for the vulnerable is crucial to ensure that the money reaches the right beneficiaries.
President Bola Tinubu had earlier unveiled a plan for the government to provide a monthly N8,000 transfer to 12 million of the poorest households in the country for six months, as a measure to offset the effects of the fuel subsidy removal. However, the proposal faced public outcry, leading the Federal Government to reconsider the move.
The National Executive Council (NEC) also discussed palliative measures for Nigerians following the removal of the petrol subsidy and the recent hike in petrol prices. Cash transfers were to be carried out through state social registers, and the states were urged to strengthen energy transition plans in the transport sector.
Governor Sani’s comments shed light on the complexities of implementing cash transfer policies and the need to address financial inclusion to ensure effective delivery of assistance to the vulnerable population.
Source: Bushradiogist
Tension Nationwide As Agencies Move To Foil Suspected Boko Haram Strike
Breaking Report: No US Ambassador In Nigeria, 115 Other Countries Affected
Tinubu Fires Shots At ADC Coalition, Says They “Privatized Another Man’s Party” (Video)
Breaking: Ogun State Grants Workers Day Off Over Fuel Hike, Announces Cash Relief
Breaking: INEC Tweaks Campaign Timetable Ahead Of 2026 Osun Guber Election
Abba Kabir Yusuf Declares: ‘I Am APC Leader In Kano, Ganduje Can’t Give Me Orders
Here’s What Happened” — Ex-Army Chief Buratai Speaks On Borno Airstrike Tragedy
The People’s Mandate, The Calm Within the Storm: Why Oredo Is Looking Toward Esosa Iyawe
Succession Buzz: Olusi Reveals Who May Replace Sanwo-Olu In 2027
