Subsidy Removal: Federal Gov't Secures $800m World Bank Funding For Palliatives

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Subsidy Removal: Federal Gov't Secures $800m World Bank Funding For Palliatives
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Asked if the incumbent government had been discussing subsidy removal with the incoming administration, she said: “there are a lot of discussions going on at

Ahead of the removal of fuel subsidy, the federal government has disclosed that it had secured an $800million funding from the World Bank to attend to a segment of post-petroleum subsidy palliatives.

According to her, the $800million was first tranche of palliatives to be disbursed through cash transfers to about 50 million Nigerians, who belong to the most vulnerable category of the society.

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