We’re targeting 15 million households for N25k cash transfer – Nigerian govt

The federal government says it is targeting 15 million households and 75 million people in its conditional cash transfer scheme, stressing that each household will be paid N25,000 per month thrice in a year.

The Minister of Humanitarian Affairs, Disaster Management and Social Development, Nentawe Yilwatda Yilwatda made this disclosure on Monday on Channels Television’s programme, The Morning Brief.

Yilwatda said the move is part of President Bola Tinubu’s push to cushion the impacts of economic hardship on vulnerable Nigerians.

“The president was so specific, there are policies that he brought in to see if that can ease those challenges for people at the lower end of the pyramid.

“Number one, he said we should reach out to 15 million beneficiaries under the conditional cash transfer to help ease the pain of Nigerians who are at the bottom level under our social register. That’s households, not individuals. Each household, we assume approximately has about five people.

“So, if we are, we’re targeting 15 million households, it means the President is targeting 75 million Nigerians to be affected by this conditional cash transfer,” he said.

According to the Minister, the Federal Government has been able to reach 5 million persons so far and is working on sanitising the social register.

Recall that President Tinubu suspended the scheme administered by the National Social Investment Programme in January owing to alleged corruption in the programme.

However, in February, the Federal Government said it was restarting the scheme and is targeting an extra 12 million households that could qualify for these direct payments.

We’re targeting 15 million households for N25k cash transfer – Nigerian govt