News
FG To Start Disbursement Of N20bn To Two million People Monthly From June
FG To Start Disbursement Of N20bn To Two million People Monthly From June
Federal Government has revealed that two million Nigerians will start receiving N5,000 basic cash transfers worth N20bn under the National Cash Transfer Programme.
This was disclosed in a March 2022 document released by the Federal Ministry of Humanitarian Affairs, Disaster Management and Social Development on the strategic roadmap and activities of the ministry in Abuja on Sunday.
The document stated that in 2018, a total of 19 states were covered under the National Cash Transfer Programme, as this increased to 24 states in 2019 and moved up to 36 states and the Federal Capital Territory in 2022, covering 1.6 million people.
But the Minister of Humanitarian Affairs, Disaster Management and Social Development, Sadiya Farouq, stated in the document that the number would increase further in June. Under the cash transfer scheme, the Federal Government supports poor and vulnerable households with cash on a monthly basis.
“By June 2022 we would be paying two million people N5,000 basic cash transfer and an additional N5,000 on conditional cash transfers, which is conditioned on good health-seeking/behaviour, school retention, and good water and hygiene conditions in their environment/homes,” Farouq stated.
She also went ahead to explain that the ministry designed and piloted a shock-responsive social register, called the Rapid Response Register to capture urban poor informal workers, who were daily wage earners, working across towns and cities, and impacted by the COVID-19 lockdown.
The minister said, “To date, of this one million targeted by the government, we have been able to pay the sum of N5000 to 850,000 beneficiaries digitally through the Nigeria Inter-bank Settlement System, where each account is carefully validated by the system before payment.
“150,000 will be paid by the end of April 2022. Each of these beneficiaries is receiving six months of support in cash.”
Under the National Social Register, the ministry stated that 46 million persons in the 36 states and FCT, in 11 million households, had been registered as of 2022.
The document also indicated that 9.8 million pupils were being fed daily under the National Home-Grown School Feeding Programme, while 127,000 cooks had been engaged and 98 aggregators were supplying various protein products.
The NHGSFP is designed as a collaboration between the Federal Government and state governments. The Federal Government is responsible for the release of funds, guidelines, policies, and monitoring.
FG To Start Disbursement Of N20bn To Two million People Monthly From June
-
Tips2 years ago
Shiloh 2022 Programme Schedule – Theme, Date And Time For Winners Shiloh 2022
-
Business & Loans2 years ago
Dollar To Naira Today Black Market Rate 1st December 2022
-
Business & Loans2 years ago
SASSA Reveals Grant Payment Dates For December 2022
-
Jobs & Scholarship2 years ago
Latest Update On 2023 NPC Ad hoc Staff Recruitment Screening
-
Business & Loans2 years ago
Npower Latest News On August Stipend For Today Friday 2nd December 2022
-
Business & Loans2 years ago
Dollar To Naira Today Black Market Rate 2nd December 2022
-
Business & Loans2 years ago
Npower N-Tech Training: Npower Praises Female Trainees
-
Jobs & Scholarship2 years ago
Latest Update On Halogen Cyber Security Competition 2023
You must be logged in to post a comment Login