• About
  • Contact Us
Monday, June 5, 2023
The Gist Day
No Result
View All Result
  • Login
  • News
    • All
    • National
    Bandits Attack: Sen. Wamakko mourns massive killing in Sokoto

    Bandits Attack: Sen. Wamakko mourns massive killing in Sokoto

    Osun To Boost IGR By Attracting Zimbabwean Investment In Agriculture – Adeleke

    Adeleke announces dissolution of Osun Assembly

    Blackout looms as electricity workers join NLC’s proposed strike

    Blackout looms as electricity workers join NLC’s proposed strike

    Oyo State

    Makinde seeks review of Supreme Court’s judgment to pay N3.4bn debt

    JUST IN: NNPP candidate, Kabir Yusuf wins Kano guber poll

    Gov. Yusuf warns criminals to stay away from Kano

    Bandits Kogi Indians

    Attack: Police confirm 30 dead in Sokoto

    Trending Tags

    • Commentary
    • Featured
    • Event
    • Editorial
  • Business
  • National
  • Politics
  • Opinion
  • Tech
  • Gist & Jabs
  • Lifestyle
  • Entertainment
  • Health
  • Travel
  • News
    • All
    • National
    Bandits Attack: Sen. Wamakko mourns massive killing in Sokoto

    Bandits Attack: Sen. Wamakko mourns massive killing in Sokoto

    Osun To Boost IGR By Attracting Zimbabwean Investment In Agriculture – Adeleke

    Adeleke announces dissolution of Osun Assembly

    Blackout looms as electricity workers join NLC’s proposed strike

    Blackout looms as electricity workers join NLC’s proposed strike

    Oyo State

    Makinde seeks review of Supreme Court’s judgment to pay N3.4bn debt

    JUST IN: NNPP candidate, Kabir Yusuf wins Kano guber poll

    Gov. Yusuf warns criminals to stay away from Kano

    Bandits Kogi Indians

    Attack: Police confirm 30 dead in Sokoto

    Trending Tags

    • Commentary
    • Featured
    • Event
    • Editorial
  • Business
  • National
  • Politics
  • Opinion
  • Tech
  • Gist & Jabs
  • Lifestyle
  • Entertainment
  • Health
  • Travel
No Result
View All Result
Morning News
No Result
View All Result
Home Coronavirus

Tinubu Advises FG On Payment Of Palliatives

Emmanuel Onminyi by Emmanuel Onminyi
April 16, 2020
in Coronavirus, Economy, Health, National, News
0
Tinubu 2023 elections VON DG APC

APC National Leader, Bola Tinubu

0
SHARES
102
VIEWS
Share on FacebookShare on Twitter

As part of efforts to cushion the effects of COVID-19 pandemic on Nigerians, the National Leader of All Progressives Congress, Bola Tinubu, has advised the Federal Government to make cash payments to Nigerians through their Bank Verification Numbers, BVN.

READ ALSO: Governors Task FG On Reform Of Palliatives Distribution

READ ALSO

Bandits Attack: Sen. Wamakko mourns massive killing in Sokoto

Adeleke announces dissolution of Osun Assembly

He gave the recommendation in a statement issued in Lagos on Wednesday, while also saying that the use of BVN would also be safer and not lead to violence and crime that might follow physical cash transfers.

According to him, the move would encourage Nigerians without bank accounts to join the train, adding that it would also attract many more people into the formal banking system.

He said:

The money-less family still needs food, water, shelter and, to a lesser degree, utilities. In a compassionate society, they should not be made to do without.

Most families need relief. If relief is not forthcoming, these families risk hunger and its attendant suffering and woes.

While saying that the palliative measures would address the problem of hunger, maintain aggregate demand in the domestic economy and help sustain private-sector markets to the extent possible, Tinubu explained that such payments could be done in diverse ways.

He said:

First, we can designate a stipend for every household. The amount should be enough to pay for the monthly needs of an ‘average’ household for food and other basics.

While this may somewhat penalise larger families, perfection cannot be had at this time.

Second, the stipends could be given as a form of emergency unemployment insurance to those who can prove they were relieved of employment due to the crisis.

This will be more targeted at the actual victims of the crisis but harder to administer. This stipend will also have to be extended to owners of small and medium-sized businesses.

Third, the government can render some form of payroll support to companies and businesses that seek to retain workers albeit they may not be fully employed.

The stipend can help companies stay in operation while maintaining workers on their payroll. By maintaining workers, the company can more swiftly return to full operation when normalcy returns.”

The former Lagos State governor also noted that activating Trader-Moni and other programmes would help many small-scale traders but not those who survive on wages and have lost their jobs.

Tags: Bola TinubuCOVID-19Lagos StateNigeria

Related Posts

Bandits Attack: Sen. Wamakko mourns massive killing in Sokoto
News

Bandits Attack: Sen. Wamakko mourns massive killing in Sokoto

June 5, 2023
Osun To Boost IGR By Attracting Zimbabwean Investment In Agriculture – Adeleke
National

Adeleke announces dissolution of Osun Assembly

June 5, 2023
Blackout looms as electricity workers join NLC’s proposed strike
National

Blackout looms as electricity workers join NLC’s proposed strike

June 5, 2023
Oyo State
News

Makinde seeks review of Supreme Court’s judgment to pay N3.4bn debt

June 5, 2023
JUST IN: NNPP candidate, Kabir Yusuf wins Kano guber poll
National

Gov. Yusuf warns criminals to stay away from Kano

June 5, 2023
Bandits Kogi Indians
Metro Gist

Attack: Police confirm 30 dead in Sokoto

June 5, 2023

glo
app




app
GTBank ADs GTBank ADs GTBank ADs

LATEST NEWS

Dollar To Naira Black Market Exchange Rate Today 25th December 2022

Dollar To Naira Black Market Exchange Rate Today 5th June 2023

June 5, 2023
Dollar To Naira Black Market Exchange Rate Today 25th December 2022

Dollar To Naira Black Market Exchange Rate Today 2nd June 2023

June 3, 2023
VIDEO: Empress Njamah’s Fiancé Leaks Her N*de (Watch Here)

VIDEO: Empress Njamah’s Fiancé Leaks Her N*de (Watch Here)

January 3, 2023
Dollar To Naira Black Market Exchange Rate Today 25th December 2022

Dollar To Naira Black Market Exchange Rate Today 1st June 2023

June 1, 2023
‘I need one hit song with you’, Snoop Dogg tells Tems

‘I need one hit song with you’, Snoop Dogg tells Tems

January 20, 2023

EDITOR'S PICK

Troops Recover Arms, 7 Motorcycles From Terrorists In Kaduna

Troops neutralise 9 bandits in fierce battles in Kaduna

December 9, 2022
Yul Edochie Criticizes Those Blaming Nollywood For Ritual Killings

Yul Edochie says owning a man’s heart is not tied to food or sex

March 27, 2023
Ngozi Okonjo-Iweala: Beyond Gender

Ngozi Okonjo-Iweala: Beyond Gender

March 8, 2021
FAAN Local Aiport

FAAN To Shut Lagos Airport Runway For Three Months

July 7, 2022

About

We bring you the stories that perfect for news, finance, politics etc. Check our landing page for details.

Follow us

Categories

  • A Call to Prayer
  • Agriculture
  • Appointments
  • Business
  • Celebrities
  • Coronavirus
  • Corporate Amazon
  • Economy
  • Education
  • Entertainment
  • Environment
  • Fashion
  • Financial Literacy
  • From the Kaaba
  • From the Pulpit
  • Gist & Jabs
  • Health
  • Jobmart
  • Lifestyle
  • Living
  • Metro Gist
  • National
  • News
  • Op-Ed
  • Opinion
  • Politics
  • Press Release
  • Religion
  • Sport
  • State News
  • Tech
  • Tourism
  • Travel
  • Uncategorized
  • World News

Recent Posts

  • Iyabo Ojo assures lover of lifetime commitment
  • Bandits Attack: Sen. Wamakko mourns massive killing in Sokoto
  • Yvonne Jegede addresses rumours of secret wedding to Ned Nwoko
  • Adeleke announces dissolution of Osun Assembly
  • Disclaimer
  • Google Adsense
  • Home 2
  • Ikoyi building collapse: Corper who redeployed from Borno to Lagos, confirmed dead
  • Leaked Conversation: There Will Know Peace Until Hope Uzodimma Leaves Government House – Emeka Ihedioha
  • MAN Condemns Invasion Of Dangote Cement Plant By Kogi State Govt
  • Privacy Policy
  • Sample Page
  • TheGistDay
  • Whitemoney And New Lady Spotted Stepping Out Of Hotel Together (Video)

© 2022 TheGistDay.

No Result
View All Result
  • News
  • Business
  • National
  • Politics
  • Opinion
  • Tech
  • Gist & Jabs
  • Lifestyle
  • Entertainment
  • Health
  • Travel

© 2022 TheGistDay.

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In