N50,000 relief: Tinubu's cash transfer sparks transparency concerns

Transparency International Nigeria, an economist and other Nigerians have raised concerns over the President Bola Ahmed Tinubu administration’s N50,000 cash transfer to vulnerable citizens under its National Emergency Relief and Stabilisation Intervention, NERSI, questioning its transparency, sustainability and capacity to address poverty. The concerns come amid growing economic hardship, rising food prices and the increasing cost of living, with questions emerging over the selection of beneficiaries, the source of funding, the duration of the programme and its potential implications ahead of the 2027 general elections. DAILY POST reports that the intervention, which commenced last month,...