Pay Nigerians through B.V.N, Tinubu tells FG. The APC National Leader, Bola Tinubu has urged the Federal Government to make cash payments to households through their bank verification numbers( B.V.N) The Former Lagos State Governor said the move would help buffer the effects of COVID-19 pandemic on Nigerians. Tinubu gave his honest advice in a statement issued in Lagos on Wednesday.
He stated that the Federal Government can make direct deposits into individual bank accounts using the B.V.N of prospective recipients. The APC leader said the use of B.V.N would also be safer and prevent violence and crime that may be the attendant consequence of physical cash transfers. Tinubu said the move would help strengthen financial inclusion as it would motivate those without bank accounts to open accounts.
The money-less family still needs food, water, shelter and, to a lesser degree, utilities, the statement said. In a compassionate society, they should not be made to do without, it added. Tinubu noted that: “Most families need relief. If relief is not forthcoming, these families risk hunger and its attendant suffering and woes.