Africa Business News

Nigerian Government to Distribute $1.5bn Cash to Vulnerable Households

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The Nigerian government says it will begin the distribution of $1.5bn cash to 15 million vulnerable households. The cash handout is aimed at alleviating the soaring food, fuel and commodity prices. , Finance Minister says each eligible household will get $32 in cash for a three-month period beginning this month. The government believes the vulnerable households represent 62 million Nigerians - in a country with a population of more than 200 million. However, questions have been raised about who qualifies for the handouts and how households will be chosen.This show is part of the Spreaker Prime Network, if you are interested in advertising on this podcast, contact us at https://www.spreaker.com/show/4166630/advertisement