“Vulnerable people in our communities will start getting their N10,000 from the first week of September.”
According to him, the scheme would further drive financial inclusion by onboarding beneficiaries into the formal banking system.
“We are reminded that Nigerian workers, not oil, gold or other natural resources, are our greatest resource.”
According to him, 41 categories of taxes, levies and charges are already in the digital economy sector; hence, an additional excise is not justified.
Mr Berry said the seed funding would drive financial inclusion by providing financial services to the unbanked and underbanked in the continent.
The loan will help provide skills and literacy training to 13,000 civil servants and citizens and create 3,000 new digital jobs for youth and women.
The border was closed to curb the spread of COVID-19 and curtail smuggling to boost local production of rice and other farm produce.
