Tag
CASH TRANSFER
Nigerians have expressed diverse opinions regarding a recent World Bank policy recommendation to President Bola Tinubu about reducing governance costs and providing urgent relief for ordinary Nigerians.
A new report by the World Bank says that up to 4.41 million Nigerian households have benefited from the conditional cash transfer with households from the Southeast being the least beneficiaries at less than four hundred thousand of the total figure.
The federal government has disclosed plans to share N50,000 to 100,000 households across the country's 36 states for three months and purchase food items worth N155 billion to be distributed across the country.
The Federal Government has revamped its cash transfer programme to combat fraud, with immediate implementation of direct payments.
About 99.9% of targeted poor and vulnerable households are yet to get the Federal Government’s recently launched cash transfer of N25,000 per month.
Dr. Betta Edu has stated the Federal government’s plan to commence a new cash transfer program to 15 million households by October.