The Federal Government has announced $800 million World Bank grant, as part of its subsidy palliatives measures.
The Minister of Finance, Budget and National Planning, Zainab Ahmed disclosed this during the weekly after the Federal Executive Council meeting chaired by President Muhammadu Buhari last Wednesday.
According to the minister, the palliatives would be targeting 50 million vulnerable Nigerians or 10 million households.
Ahmed underscored that engagements are ongoing with the newly established Presidential Transition Council (PTC) and the incoming administration, to drive the palliative program, which includes the need for buses among various considerations.