Cash transfer: FG seeks fresh $400m loan to fund 15 million households

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Cash transfer: FG seeks fresh $400m loan to fund 15 million households

« on: October 15, 2023, 07:00:47 AM »

Cash transfer: FG seeks fresh $400m loan to fund 15 million households

The Federal Government has approached the World Bank for a fresh loan of $400m for the conditional cash transfer to 15 million households as one of the measures to cushion the effects of petrol subsidy removal on Nigerians. The $400m will bring to $1.2bn the amount that the Federal Government is borrowing from the World

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