Tag: Conditional cash transfer

FG set to expand cash transfer beyond 15m households

Aminu Imam
FG on CCT

The Federal Government has disclosed plans to expand its direct cash transfer programme to reach more beneficiaries at the grassroots level in a broader effort to cushion the impact of economic reforms in the country. Minister of Finance and Coordinating Minister of the Economy, Wale Edun, made this known yesterday, at the ‘Oxford Global Think Tank Leadership Conference and Book Launch’, in Abuja. While announcing plans to scale up the cash transfer programme to include more poor and vulnerable Nigerians, Edun revealed that the initiative currently benefits over 15 million…

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Nigerians dismiss FG’s claim of ₦330bn cash transfers as “fraudulent, baseless’

Aminu Imam
Nigerians dismiss

The Federal Government’s claim that ₦330 billion has been disbursed to vulnerable Nigerians has sparked outrage, with citizens branding the announcement fraudulent, exaggerated, and completely lacking in transparency. Recall that the Finance Minister and Coordinating Minister of the Economy, Wale Edun told newsmen in Abuja on Wednesday that the Government had paid 8.5 million households at least ₦25,000 each under a World Bank–backed cash transfer programme. According to him, the payments were made through the National Social Safety-net Coordinating Office (NASSCO), funded by an $800 million facility, with beneficiaries identified…

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Conditional Cash Transfers: “We’ve disbursed ₦419bn to nearly 6m Nigerians” – FG

Aminu Imam
FG on Cash Transfer

…To pay ₦54bn to 2.2m beneficiaries in August  President Bola Tinubu’s administration has said that its government will reach over 2.19 million Nigerians this August through its Conditional Cash Transfer programme. Minister of State for Humanitarian Affairs and Poverty Reduction, Tanko Sununu, made this known while speaking on a television programme yesterday. “In August, we are going to reach out to 2,190,000 people. The process is that the National Social Safety-Net Coordinating Office (NASSCO) will now harvest vulnerable Nigerians based on their lowest cadre in the national social register”, he…

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Cash Transfers: “We use AI to identify poor Nigerians in rural areas” – FG

Aminu Imam
FG on AI2

Minister of Humanitarian Affairs and Poverty Reduction, Nentawe Yilwatda, says the federal government is leveraging Artificial Intelligence (AI) to identify poor Nigerians living in urban slums. Speaking during a television programme  on Friday, Yilwatda explained that AI technology has helped expand the national social register from 13 million to 19.7 million people. While the register previously focused on rural communities, it now includes the urban poor. “To assist people, you need to identify them first. That’s why we began by validating and expanding the social register”, he said. According to…

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Cash Transfer: FG disqualifies Nigerians without NIN, BVN; CBN begins payment

Aminu Imam

The Federal Government is currently conducting a review and expansion of the National Social Register to include pensioners and ex-servicemen within its Conditional Cash Transfer scheme. According to reports, the Government is also working on eliminating deceased beneficiaries from the register and disqualifying individuals who do not possess National Identification Numbers (NIN) and Bank Verification Numbers, (BVN). Notably, payments will be disbursed directly to the beneficiaries by the Central Bank of Nigeria, (CBN), with the initial batch of bulk payments set to commence next week, benefiting five million households. Furthermore,…

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Tinubu launches Conditional Cash Transfer for 15m households

Aminu Imam

President Bola Tinubu has launched the ‘Renewed Hope’ Conditional Cash Transfer (CCT) for 15 million households across the country. The event, which coincided with the World Poverty Eradication Day, was held at the Press Gallery of the State House yesterday, in Abuja. The Secretary to the Government of the Federation, George Akume represented the President at the event. In attendance were the Minister of Humanitarian Affairs and Poverty Eradication, Betta Edu; Minister Of Finance, Wale Edun; World Bank Country Director, Shubham Chaudhuri; and the United Nations Resident and Humanitarian Coordinator for Nigeria,…

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