GOVERNMENT TO GIVE STIPENDS TO NIGERIANS;MINISTER OF FINANCE

The Minister of Finance, Budget and National Planning, says the  President Muhammadu Buhari is considering giving out stipends to people whose jobs have been affected by the coronavirus (COVID-19) outbreak.

       The Finance Minister made this revelation while speaking on Politics Today, a programme on Channels TV.

According to what she said “We have a number of fiscal incentives that we have thought through and designed but we have to do a couple of engagements before we announce them because of our fragile fiscal situation,” she said.

“We don’t want to rush and  announce of tax cuts or tax holidays without looking at the full picture of how it affects the federal government, states and how it affects businesses.

“Government is looking at the possibility of giving stipends, increasing the stipends that it giving out to the category of Nigerians that are classified as poor and vulnerable.