Bola Tinubu, National Leader of the All Progressives Congress, APC, on Wednesday, enjoined the Federal Government to render emergency sustenance relief to Nigerian households in a bid to cushion the effect of Coronavirus also known as COVID-19 on them.
Tinubu said the relief, which should be distributed to households, unemployed should be done via cash payment using their BVNs.
In a lengthy article where he stated his position on the economic stimulus to Nigerians and ideas on revamping the economy Tinubu me, the APC National Leader stressed that such reliefs will help refuse hunger.
According to Tinubu: “With the fiscal latitude provided by lifting the budgetary limit, the government can render emergency sustenance relief to most Nigerian households, especially the recently unemployed, via cash payments.
“This will blunt hunger, maintain aggregate demand in the domestic economy and help sustain private-sector markets to the extent possible. Directed towards needy and modest households, such expenditure must be heavily weighted to local produce, not to imports. This will help mute inflation.
