Federal Government Releases ₦570 Billion in Grants to State Governments to Lessen Economic Hardship

The Federal Government has released ₦570bn to the 36 states to expand livelihood support to their citizens following the widespread demand against hunger and hardship in the country.

The President also promised that his administration would distribute one million low-cost kits to commercial vehicles that transport people and goods.

President Bola Tinubu reiterated that ₦9.1 trillion was accumulated as total fiscal revenue in the Federal Government’s coffers during the first half of 2024, marking a significant increase from what was earned by the previous

He noted that the debt reduction has provided financial freedom, allowing for increased spending on essential social services including education and healthcare.

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