The news of the N500 billion palliative proposed by President Bola Tinubu to cushion the effects of the petrol subsidy removal has continued to generate mixed reactions.
On Wednesday, the President wrote
to the House of Representatives seeking approval for N500bn to cushion the
effects of petrol subsidy removal.
In a swift response, the House on
Thursday approved the request, calling for proper utilisation of the funds for
the purpose it was meant for.
The President announced petrol
subsidy removal during his inaugural address on May 29, 2023, in response to
claims that the subsidy regime favoured the rich more than the average
Nigerians, among other reasons.
These are titbits on how to
benefit from the palliatives:
1. You must be on the ‘national
social register’ – The former Minister of Finance, Budget, and National
Planning, Zainab Ahmed in the last administration had explained that there is a
social register which will be used for the electronic transfers of the funds.
The palliative will be provided
to the ‘most vulnerable members’ who have been identified, registered and
contained in a national social register which had been developed by the
Ministry of humanitarian affairs, disaster management, and social development.
The National Social register as
of the end of January 2022 has captured over 46 million Nigerians.
2. Although the modality to be
adopted by the Federal Government in the implementation of the new programme is
yet to be fully outlined, these cash transfers are for poor and vulnerable
people in both rural and urban areas in Nigeria.
3. Vulnerability is the degree to
which a population, individual, or organisation is unable to anticipate, cope
with, resist, and recover from the impacts of disasters. It is determined
through evidence-based assessments and will be consistent with the Constitution
of the Federal Republic of Nigeria.
This determination is in line
with the Multidimensional Poverty Index (MPI) adopted by Nigeria, which
identifies multiple deprivations at the household and individual level in
health, education, and standard of living, used by the country to assess
vulnerable populations.
4. Children, adolescent girls,
women, the elderly, unemployed, malnourished people, and those who are ill or
with pre-existing health conditions or disabilities are particularly
vulnerable.

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