Federal Government Don Give Go-Ahead For Infrastructure Support Fund For States.

July 21, 2023

President Bola Tinubu don give go-ahead make dem start Infrastructure Support Fund (ISF) for the 36 states of we federation as part of ways to take soften wetin the fuel *shock money* dem comot don cause for we country.

The new Infrastructure Fund go allow the States take chook mouth and chook money for the serious areas of Transportation, including farm to market road upgrade, Agriculture, surrounding livestock and big farm lands solutions, Health, wey go focus on basic healthcare, Education, especially the main education, Power and Water Resources wey go better economic competition, create jobs and deliver economic wealth for Nigerians. The Federation Account Allocation Committee (FAAC) wey dem yarn us dis matter from, also gree say dem go save one part of the monthly profits wey dem go fit share to take reduce the cause of the incomes wey don increase because of the fuel shock money dem comot and to take join exchange rate on money supply, as well as rise for prices and exchange rate.

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