National Leader of All Progressives Congress, Bola Tinubu, has urged the Federal Government to make cash payments to households through Bank Verification Numbers to cushion the effects of COVID-19 pandemic on Nigerians.
Tinubu, a former governor of Lagos State, gave the advice in a statement issued in Lagos on Wednesday.
He said payments could be made quickly by using the BVN of prospective recipients to make direct deposits into individual bank accounts.
The APC leader said the use of BVN would also be safer and not lead to violence and crime that might follow physical cash transfers.
Tinubu said this would encourage those without bank accounts to establish such accounts, adding that it would further bring millions of people into formal banking.
