- Provisional Wage Increment: A temporary wage increase of N35,000 monthly for six months to enhance the federal minimum wage without causing undue inflation.
- Infrastructure Support Fund: Establishment of a fund for states to invest in critical areas that will create an enabling environment for businesses.
- CNG Bus Rollout Programme: Launch of a N100 billion programme to deliver CNG-powered buses, with the establishment of a Presidential Committee to drive implementation.
- Cash Transfers: A plan to pay N25,000 monthly to 15 million of the poorest and most vulnerable households in Nigeria for three months.
- Strategic Grain Reserve Release: A presidential directive for the release of 200,000 metric tons of grains from strategic reserves to households across the 36 states and the FCT to moderate prices, alongside the distribution of 225,000 metric tons of fertilizer, seedlings, and other inputs to farmers.
- Access-to-Credit Programme for Startups and MSMEs: Provision of N50 billion in conditional grants to 1 million nano-businesses across Nigeria and the creation of a new single-digit interest-rate fund to provide N75 billion to support manufacturing enterprises, among other initiatives.
These measures are part of the administration’s efforts to mitigate the immediate and medium-term effects of subsidy removal on the economy and the populace.
