FG To Disburse Over N371bn To 50 Million Nigerians As Subsidy Removal Bonus

The federal government through the Ministry of Finance, Budget, and National Planning says it has secured the sum of $800 million (N371,600,000,000) from the World Bank, as part of a subsidy removal benefit.

The Finance Minister Zainab Ahmed while addressing newsmen at the Federal Executive Council (FEC) meeting on Wednesday disclosed that 50 million Nigerians will benefit from the $800 million grants.