Nigerians to receive credit alert every month. Read details.

Nigerians to receive credit alert every month. Read details.

FCT, Abuja - President Bola Ahmed Tinubu has said 12 million families will get N8,000 over a period of six months to lessen the hardships faced by Nigerians as a result of subsidy removal.

In a letter to the house of representatives read by Speaker Tajudeen Abbas during plenary on Thursday, July 13, Tinubu said it was support to enable poor and vulnerable Nigerians to cope with the cost of meeting basic needs.

The letter was for approval of additional financing for the national social safety net programme scaled up by the national assembly.

He said this would have a multiplier effect on about 60 million individuals.

In order to guarantee the credibility of the process, he stated that digital transfers would be made directly to beneficiaries' accounts.

Nigerians took to social media to share their thoughts. See some of the comments below:

@Asiwaju__Aso wrote: "This is backwardness, we are not at war. "Buy buses for free transport and give people water and Power into their households, remove every single tax on ladies pad and children medicine, equip hospitals. That is how to alleviate the pains of the common people."

@TonexBat23 commented: "What's the long-term plan? I really don't support this sort of palliative because this is about all Nigerians and not 12m Nigerians."

@usmanolatunji3 said: "I'm against this. Na nonsense."

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