N8,000 Palliative is a Scam – Governor Uba Sani

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By Kasim Isa Muhammad

Kaduna State Governor, Uba Sani, has criticized the Federal Government’s proposed cash transfer policy, labeling it as a scam.

The policy, initially put forth by the Tinubu administration, intended to provide N8,000 to 12 million Nigerian households for six months as a measure to offset the impact of removing petrol subsidies.

However, due to widespread criticism from Nigerians, the plan was later abandoned.

Governor Sani expressed reservations about the program during an interview with Arise Television’s News Night, while pointing out that there is no accurate database of the intended beneficiaries, making the implementation of cash transfers problematic.

He cited experience as the Chairman of the Committee of Banking in Nigeria, where he had oversight of the Central Bank and the country’s commercial sectors for four years, and noted that approximately 70 to 75 percent of the rural population in the North West region are financially excluded, lacking access to bank accounts.

In Governor Sani’s opinion, the government should prioritize bringing the financially excluded individuals, especially in the North West, into the financial system before proceeding with the cash transfer program.

He, however, urged development partners, including the World Bank, to invest more in initiatives that promote financial inclusion, such as opening bank accounts for the vulnerable population, adding that without such measures in place, he warned that the cash transfer program would likely end up benefiting the wrong people.

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