FG releases date for disbursement of N20bn to 2m Nigerians

Date:

 

Muhammadu Buhari

The federal government will commence the disbursement of N20bn from June this year as basic cash transfers and conditional cash transfers under the National Cash Transfer Programme to about  two million Nigerians, ROYAL NEWS has gathered.

It would pay the two million people N5,000 each under the basic cash transfer and an additional N5,000 under the conditional cash transfer. This implies that the government would be spending N20bn on the beneficiaries.

A March 2022 document on the strategic roadmap and activities of the Federal Ministry of Humanitarian Affairs, Disaster Management and Social Development, obtained by our correspondent in Abuja on Sunday, showed that the number of people receiving cash transfers from the government had been increasing.

The report 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 explained 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 ministry stated that the N-Power volunteer scheme provided temporary job opportunities for 498,602 graduates under Batches A and B, while 450,000 graduates under Batch C Stream 1 were also engaged.

It added that 390,000 others were being onboarded for Batch C Stream 2, and that there was presidential approval to enroll additional one million beneficiaries.

It further stated in the document that 174 of the 1,850 mobile agents trained, kitted, and registered with the Central Bank of Nigeria – Shared Agents Network Expansion Facility for agency banking achieved a transaction volume of over N657m between January 1 and March 25, 2022.

“The top 10 mobile money agents executed transactions totaling N300,095,545.06 and earned N1,852,499.00 between January and March 25, 2022,” the ministry stated.

The report 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 school feeding programme is one of the four clusters of the National Social Investment Programme which seeks to provide one free daily meal to pupils on the programme.

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.

The state carries out the day-to-day implementation including procurement of food items, and selection of cooks and vendors who prepare, cook, and serve the meals to the pupils.

 

Facebook Comments Box

LEAVE A REPLY

Please enter your comment!
Please enter your name here

Share post:

Subscribe

Latest

More like this
Related

tc-check-https://ffdd.com

tc-check https://ffdd.com

Top 5 powodów, dla których Mostbet Polska zyskuje na popularności

1. Szeroka oferta gier hazardowych Mostbet Polska przyciąga graczy różnorodnością...

La Sicurezza di BroWinner Casino

BroWinner Casino si impegna a fornire un ambiente di...

Roleta com Bônus de Boas-Vindas Pagamento Instantâneo: Tudo o Que Você Precisa Saber

Se você é um entusiasta de jogos de cassino...

Ruletka zakłady bez depozytu: Graj bez ryzyka!

Czy jesteś gotów na emocjonującą przygodę w świecie online...

Ruletă cu Promoții Zilnice Fără Înregistrare: Ghid Complet pentru Jucători

Introducere Ruleta este unul dintre cele mai populare jocuri de...

Wild Robin Casino: welke games betalen het meeste uit aan spelers?

Gebruikers die scherp een keuze maken, kijken continu...

Speel als miljonair bij het populaire Millioner casino online in Nederland

Netherland: Als je graag wilt spelen als een miljonair bij het populaire Millioner casino online in Nederland, is het essentieel om je te beschermen tegen gokproblemen. Hierdoor kun je je geld en tijd niet verspillen aan gokken.