Nigeria Secures $800 Million Ahead of Fuel Subsidy Removal: Nigeria
Nigeria's finance minister, Zainab Ahmed, on Wednesday said the money would be disbursed to 10 million households as cash. She said authorities would also develop a mass transit system to ease the cost of daily commutes.
She said the money was ready to be disbursed but did not provide details on how much beneficiaries would receive. Ahmed said authorities were also working with the incoming government to deploy non-cash interventions, including a mass transportation system to ease daily commutes for workers.
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