President Bola Tinubu's Livelihood Support Initiative

*N570 billion disbursement*: President Bola Tinubu has announced the disbursement of over N570 billion to the 36 states of Nigeria to expand livelihood support to vulnerable citizens.

*Purpose*: The initiative aims to alleviate the hardship faced by citizens, particularly due to the removal of fuel subsidies and the unification of the foreign exchange market.

*Additional support*: Other support initiatives include nano-grants for nano-businesses, single-digit loans for micro and small businesses, and the establishment of MSME hubs to create jobs.

*Reactions*: The announcement has received mixed reactions from Nigerians, with some expressing skepticism about the funds reaching the intended beneficiaries and others calling for greater accountability and transparency.

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