The Lagos State Chairman of the Nigeria Labour Congress (NLC), Funmi Sessi has said the Federal Government’s plan under President Bola Tinubu to give N8,000 to 12 million households for six months will be like a drop of water in the ocean.
Sessi stated this in an interview with the News Agency of Nigeria (NAN), Friday as stakeholders in the sector reacted to the government’s plan.
President Bola Tinubu had, in a request to the National Assembly, indicated the intention to cater to the welfare of the vulnerable and poor households in Nigeria under the National Safety Net Programme of the Federal Government.
Tinubu said that under the plan, N8,000 would be transferred digitally, monthly, to the accounts of 12 million poor and low-income households for six months.
In her reaction to the development, Sessi said: “Looking at the money and the effect of the subsidy removal that has escalated the prices of everything in the market, I wonder what the N8,000 can do for a family in a month.
“I wonder what it can buy and the services it can render for 30 days; N8,000 cannot take care of a family for a week; it is not possible; it is going to be like a drop of water in the ocean.”
In other news, Kanyi Daily reported that a Federal Capital Territory High Court on Friday, dismissed the case against a former Governor of Imo State, Senator Rochas Okorocha brought against him by the Economic and Financial Crimes Commission (EFCC).