NEC says FG's social investment register lacks credibility

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Fuel subsidy: What Nigerians should expect in the coming weeks - NEC “The current hardship occasioned by the price increase on both food, petroleum products and cost of living is being addressed' -

The National Economic Council has directed that states develop a comprehensive Social Register for vulnerable people, the target beneficiaries of the government’s Cash Transfer programme.of Anambra State made this known while speaking to State House correspondents at the end of the NEC meeting at the Presidential Villa, Abuja, on Tuesday.

“The first question raised was in relation to the cost of governance. I think it’s an omnibus concept, and it’s not something you sit down in a meeting to legislate for each state.“But the fact is that the council recognises that this is an issue that each tier of government should now focus on as an area of concern.

“Today, in Anambra, we’re doing N11 million a month from N137 million. This is just an illustration. And it’s a thing that we’re persuading each one of us to look into, check into our books and look ourselves in the mirror and move with the times,” he said. He explained further that packages to serve as palliatives were marshalled out to encourage the tiers of government to implement them in accordance with their respective fiscal space and fiscal capacities.

 

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