Tinubu's Renewed Hope Agenda: Relief is Coming By Yazid Inuwa MK Bauchi

"President Tinubu's Renewed Hope Agenda is not a political propaganda” 
— FCT Minister, Nysome Wike 

Under the Renewed Hope Agenda, President Bola Ahmed Tinubu begins a N1tn conditional cash transfer programme. On Tuesday, President Tinubu commenced the distribution of the N25,000 per month to 15 million households.households. “I hereby flag off the Renewed Hope conditional cash transfer programme for 15 million households targeted at uplifting poor and vulnerable Nigerians as an immediate intervention to cushion the effects of fuel subsidy removal and other economic shocks,” Tinubu told guests and international partners who converged on the Press Gallery of the State House, Abuja  

In the same development, President Tinubu lunches the distribution of 225,000 metric tons of fertiliser and seedlings to farmers committed to the nation’s food security. Other components of the Tinubu's Renewed Hope Agenda include but not limited to the release of 75 billion to support 100,000 SMEs and start-ups, Renewed Hope Shelter Programme for the Poor, Refugees & Internally Displaced Persons targeted at one million households, and Renewed Hope Business Grants & Loans for Vulnerable Market women, farmers, and traders to expand their business targeted at two million beneficiaries, among others.

The Minister of Humanitarian Affairs and Poverty Alleviation, Dr Betta Edu, said 61 million Nigerians stand to benefit from the scheme every month in October, November and December. She said, 15 million households will be receiving 75,000 Naira over three months. This equates to about 61 million Nigerians directly benefiting from the conditional cash transfer.The type of cash transfer referred to as ‘shock-responsive cash transfer’ that is currently being implemented is utilized by countries worldwide to offer temporary relief in such situations. Afterward, the President presented dummy cheques of N25,000 each to five beneficiaries: Larai Suleiman, Shuaibu Hassana, Sariki Gamu, Okor Jonah and Hameed Kosemani Isiaka.

Hon Yazid Inuwa MK Bauchi, 
Zonal Coordinator (North East), Tinubu Support Movement (TSM) / National DG, Betta Edu #GreaterNigeria Project 
18 Oct., 2023 
 


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