Business/Economy

Subsidy: 230,000 households to get FG’s N25,000 monthly in Kogi

Supreme Desk
21 Dec 2023 12:18 PM GMT
Subsidy: 230,000 households to get FG’s N25,000 monthly in Kogi
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Mr James Friday of Maigari Palace, Lokoja, said he had been living in terrible hardships due to subsidy removal, saying the intervention would serve as a relief to him.

Also speaking, Mrs. Bridget James, the Head of Operation, Kogi Cash Transfer Unit, said the exercise was meant to display the list of beneficiaries and proceed with their data capture.

“Most of the beneficiaries are unbanked; that is why we are capturing them to get their details so long as their names are on the National Social Register (NSR).

“The capture of their details would in turn qualify them to partake of the N25,000 monthly for three months to cushion the adverse effects of fuel subsidy removal,” she said.

Okpanachi said the exercise would capture over 171,000 new beneficiaries in addition to about 74,000 existing households that had already benefited from the monthly N5,000 cash transfer since 2016 in the state.

“So in all, over 230,000 households will benefit from the first phase of the Renewed Hope intervention programmeme by the federal government in Kogi,” she said.

She said that over 14,000 households would benefit in the the Lokoja Local Government Area (LGA) of the state, adding that the enrolment was going on simultaneously across the 21 LGAs of the state.

She advised the beneficiaries to be patient and calm, as there were enough staff on the the ground to capture them without waste of time.

Some of the beneficiaries who spoke with newsmen appreciated the federal government for alleviating the hardships they experienced due to fuel subsidy removal.

A 75-year-old woman, Hajiya Hawal Bala, expressed gratitude to the government for the gesture.

“We appreciate President Tinubu; God will bless him.”

Mr. James Friday of Maigari Palace, Lokoja, said he had been living in terrible hardships due to subsidy removal, saying the intervention would serve as a relief to him.

“We are so happy because we don’t expect that such a thing will come, even though we have been hearing it, but we have seen its reality.

“We thanked President Tinubu for keeping his promises. By the special grace of God, we will use the money judiciously,” James said.

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