Jubilation As Tinubu’s Govt Gives N25,000 to 25 Million Nigerians

• The federal government said 25 million households have received the N25,000 conditional cash transfer as part of its economic relief efforts.
• Finance Minister Wale Edun outlined the government’s initiatives to support citizens impacted by subsidy removals and other policy changes.
• Over ₦90 billion has been distributed to half a million students through a new student loan scheme, reflecting the administration’s commitment to education and financial assistance.

TheTalk.NG journalist Esther Odili has over two years of experience covering political parties and movements.

State House, Abuja – On Thursday, October 31, President Bola Ahmed Tinubu led the federal government announced that N25 million Nigerians have so far received the N25,000 conditional cash transfer.

Wale Edun explained how Nigerians benefited from N25,000 conditional cash transfer.
Photo credit: Wale Edun, Asijwaju Bola Ahmed TinubuSource: Facebook

The Minister of Finance and Coordinating Minister of the Economy, Wale Edun, disclosed this while briefing State House Correspondents shortly after the National Economic Council (NEC) meeting chaired by Vice President Kashim Shettima.

He enumerated the steps taken by President Bola Tinubu’s administration to provide relief for Nigerians following the sufferings occasioned by the removal of subsidies and other policy reforms being implemented by the government.

According to him, five million households have benefited from the direct transfer, Channels TV reported.

He also disclosed that in the last five days, no fewer than 11,000 beneficiaries have received N3.5 billion from the consumer credit scheme.

He further said over N90 billion has so far been disbursed to half a million Nigerian students under the student loan scheme.

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FG is set to allocate $180 million to Nigerian women

In a similar development, TheTalk.NG reported that the federal government has set aside $180 million to support young Nigerian women in the design and technology sectors.

The initiative supports young Nigerian entrepreneurs engaged in early-stage ventures that integrate technology, creativity, and innovation.

By 2030, the World Bank Group hopes that 300 million more women will have access to financial services, job and more opportunities.

Source: TheTalk.NG

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