Author: Vardiafrica

Okon Bassey in Uyo As economic hardship bite harder on the citizens, the federal government has said it could increase cash transfers to 12 million vulnerable Nigerians. The Finance Minister, who is also the Coordinating Minister for the Economy, Wale Edun, stated this yesterday in Uyo, Akwa Ibom State, at a retreat for management staff of the ministry and heads of parastatals under the ministry. The minister stressed that the transfers, which was temporarily halted, would soon return after necessary reviews and adjustments. The minister maintained that Nigeria remained on course towards economic stability, pointing out that the present forex…