NIGERIA has approved the immediate resumption of cash transfers to 12 million vulnerable households, Minister of Finance Wale Edun said, amid a cost-of-living crisis and calls by labour unions to cushion hardship caused by reforms. President Bola Tinubu scrapped a popular but costly fuel subsidy last May and twice devalued the currency in less than a year, leading to soaring prices. Africa's biggest economy now grapples with a cost-of-living crisis fueled by the highest inflation rate in nearly three decades. Edun told reporters after a cabinet meeting that restarting the direct cash transfer was crucial to tackling rising prices, especially elevated food prices, and…