Hardship: Tinubu's Govt Giving Nigerian Youths N500,000 Grant Each? Fact Emerges

Hardship: Tinubu's Govt Giving Nigerian Youths N500,000 Grant Each? Fact Emerges

  • A Facebook page shared a link claiming that the federal government of Nigeria is giving out N500,000 grants to youths
  • According to the post which was reacted to by more than 3,700 social media accounts, the offer will expire soon
  • A fact-checking platform found the claim to be untrue and advised people to "beware of the hoax website"

Legit.ng journalist Ridwan Adeola Yusuf has over 9 years of experience covering public journalism.

FCT, Abuja - A Facebook page, Solid Travels, recently shared a post claiming the existence of a federal government grant of N500,000 for Nigerian youths.

The claim comes as Nigerians grapple with economic hardship which has culminated in protests across Nigerian states.

hardship in Nigeria/Latest about Bola Tinubu
The government promised that millions of households would receive financial relief monthly. Photo credits: Sean Gallup, Bloomberg
Source: Getty Images

After coming to office in May 2023, President Bola Ahmed Tinubu ended a fuel subsidy regime, leading to a tripling of petrol prices and a spike in living costs. The naira has also slid against the dollar.

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More than 3,700 social media accounts have reacted to the post of the N500,000 grant, while it has collected more than 2,600 comments and 67 reshares since it was published on February 2, 2024.

A fact-checking platform, Dubawa, verified the information.

The platform said it clicked on the link and found no content that showed registration or eligibility for a federal government grant. Instead, the website -Petsmartgo.com- showed how Nigerians can obtain a visa sponsorship opportunity in the United States (USA).

It added that spammers and scammers use the website’s information to perpetrate mischievous deeds.

Therefore, Dubawa warned users to "beware of the hoax website".

Read more about hardship in Nigeria:

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Nigerian govt discloses actual cause of hardship

Earlier, Legit.ng reported that Abubakar Kyari, the minister of agriculture and food security, linked the present food scarcity, increasing cost of food, and general hardship in Nigeria, to the smuggling of food across the country's borders.

Kyari also pinned the problems to the Naira redesign policy facilitated by the sacked former governor of the Central Bank of Nigeria (CBN), Godwin Emefiele.

The minister said the policy resulted in smallholder farmers lacking the necessary funds to cultivate their farms during the 2022/2023 period.

Source: Legit.ng

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