Nasarawa Governor Abdullahi Sule Believes N8000 Is Significant To Needy Households

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Governor Abdullahi Sule of Nasarawa state has expressed his view that the sum of N8000 holds considerable significance for many households in the country. He made this statement during an interview with Channels TV on Friday.

The discussion comes in the wake of President Bola Tinubu’s request to the national assembly for the approval of an $800 million loan from the World Bank.

The loan was intended to alleviate the hardship caused by the removal of petrol subsidy, with the plan to provide N8000 monthly to 12 million households as conditional cash transfers….CONTINUE RADING

Although the president later called for a review of the proposed scheme, it has sparked criticism from various Nigerians who view the conditional cash transfer as unsustainable.

Governor Sule added his voice to the ongoing debate, highlighting that the amount may not seem significant to some, but it can make a substantial difference for many people from impoverished families who do not have regular access to such funds.

Sule mentioned that in the past, the government provided N5000 monthly to some households, and many individuals were reliant on this assistance. Some communities even pooled their resources to support various projects.

Given this context, the governor stressed the importance of identifying the families in dire need of financial aid.

Meanwhile, the National Economic Council (NEC) has put forth several proposals to mitigate the impact of the petroleum subsidy removal on Nigerians.

These include a review of the minimum wage, providing single-digit interest rate loans to small businesses, and the distribution of essential food items and fertilizers, among other measures.