Tag: FG Palliative

Subsidy Palliative: ‘Give Muslims non-interest soft loans’ MURIC tells FG

Aminu Imam

The Muslim Rights Concern (MURIC) has called on President Bola Tinubu to grant interest-free soft loans to Muslims. MURIC Executive Director, Prof. Ishaq Akintola, who made the call yesterday, noted that it is forbidden for Muslims to receive or give interest on loans. He said the call was in view of President Bola Tinubus promise, in his national broadcast on Monday, of palliatives, including interest loans of about N75bn at 9% interest, N500 ,000 loan to N1m at 9% and another N100bn transportation loan also at 9%, to cushion the…

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FG Palliatives: “Nigeria wont be on right lane even if Tinubu distributes N100, 000” – Ramalan

Aminu Imam

…Says cost of governance, crude oil theft, revenue leakages too high A former Chairman of the All-Progressives Congress (APC) Caucus in Kaduna State and frontline Politician, Alhaji (Dr.) Ahmed Tijjani Ramalan, has advised President Bola Tinubu to stop the stealing of Nigerian oil, cut the cost of governance, earnings of elected and political appointees, looting of security votes, corruption in the civil service, revenue leakages tax evasion, economic and financial sabotage in oil, gas, ports and maritime sectors and channel the countrys wealth for citizens benefit Infrastructural development. Ramalan, who…

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Palliative: Proposed N8, 000 cash transfer is a scam – Kaduna State Gov., Uba Sani

Aminu Imam

Kaduna State Governor, Uba Sani, has described the proposed cash transfer policy of the Federal Government as a scam. Recall that the Tinubu administration had earlier proposed to transfer N8, 000 to 12 million Nigerian households for six months to cushion the effect of the removal of petrol subsidy. The plan was later shelved after criticism from Nigerians. Sani, while speaking in an interview during a television programme on Friday, stated that there is no accurate database of those that will benefit from the programme. The governor said, My position has…

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Just In! Subsidy Removal: Tinubu approves Infrastructure Fund for States, as FAAC shares N907 billion

Aminu Imam

President Bola Tinubu has approved the establishment of Infrastructure Support Fund (ISF) for the 36 States of the Federation, as part of measures to cushion the effects of the petrol subsidy removal on the people. The approval was disclosed at the monthly meeting of the Federation Account Allocation Committee (FAAC), yesterday, in Abuja. This was disclosed in an issued statement by the Special Adviser to the President on Special Duties, Communications & Strategy, Dele Alake, yesterday. According to the release, the new Infrastructure Fund will enable the States intervene and…

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Create jobs – dont share cash to cushion subsidy removal- APC chieftain tells Tinubu

Aminu Imam

An All Progressives Congress (APC) chieftain in Bauchi State, Dr. Haruna Gololo, says President Bola Tinubu should create jobs instead of giving out cash to citizens to cushion the impacts of the removal of the petrol subsidy. Recall that the President had asked the national assembly to approve a $800 million loan to ameliorate the hardship induced by the removal of subsidy on petrol. Tinubu said 12 million households would receive N8, 000 monthly from the loan, which is being sourced from the World Bank. Also, another N500 billion has…

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