Leader of All Progressives Congress (APC), Sen. Bola Tinubu, has urged Federal Government to make cash payments to households through Bank Verification Numbers (BVN) to cushion the effects of COVID-19 pandemic on Nigerians.
Tinubu, a former governor of Lagos State, gave the advice in a statement issued in Lagos on Wednesday.
He said payments could be made quickly by using the BVN of prospective recipients to make direct deposits into individual bank accounts.
The APC leader said the use of BVN would also be safer and not lead to the types of violence and crime that might follow physical cash transfers.
Tinubu said this would even encourage those without bank accounts to establish such accounts and this process would further bring millions of people into formal banking.
Quote
“The money-less family still needs food, water, shelter and, to a lesser degree, utilities. In a compassionate society, they should not be made to do without.
“Most families need relief. If relief is not forthcoming, these families risk hunger and its attendant suffering and woes,”
Tinubu said.“Most families need relief. If relief is not forthcoming, these families risk hunger and its attendant suffering and woes,”
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