Tinubu's Govt Approves N4bn For Conditional Cash Transfers to 'Poor' Nigerian Families

Date: 24-01-2025 8:07 pm (3 months ago) | Author: kacy lee
- at 24-01-2025 08:07 PM (3 months ago)
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The Federal Government has approved N4bn for conditional cash transfers to vulnerable households in Nigeria
During the launch of the 2025 Nigeria Humanitarian Needs and Response Plan at the United Nations House in Abuja on Thursday, Minister of Humanitarian Affairs and Poverty Reduction, Prof Nentawe Yilwada announced the interventions to address the country’s deepening humanitarian crisis.

This move is expected to support at least 10 million displaced households, primarily targeting the most vulnerable members of society.

The cash transfer programme is set to begin in February and continue through April, aiming to alleviate the immediate needs of families affected by displacement, particularly in the Northeast.

Additionally, the government has approved N2bn in interest-free loans to farmers, specifically those in rural communities, to boost food production and self-sufficiency.

“We are prioritizing women, especially widows, pregnant women, and those with disabilities. The experiences of displaced women, particularly those facing pregnancy or disability, are especially challenging. We understand these vulnerabilities and will continue to support those who are most in need,” he said.

“The President has approved the Ministry’s plan to begin paying conditional cash transfers to 10 million displaced households between February and April. This initiative aims to support those most in need, particularly vulnerable families affected by displacement,” he added.

“Additionally, the government has allocated N2bn to provide interest-free loans to farmers in rural communities. These loans will range from N300,000 to N400,000 per household, helping farmers access necessary resources and linking them to market opportunities.

“Furthermore, a N4bn provision has been approved to support vulnerable groups through cash transfers, targeting families affected by natural disasters and other crises. These interventions are part of the government’s broader strategy to alleviate poverty and provide relief to those in urgent need,”
the minister stated.


Posted: at 24-01-2025 08:07 PM (3 months ago) | Addicted Hero
- Dopybadass at 24-01-2025 08:19 PM (3 months ago)
(m)
Up jagaban Grin Grin Grin abeg gogobaba if sure make i send my aza Grin Grin Grin
Make I still chop federal government money  Grin Grin
Posted: at 24-01-2025 08:19 PM (3 months ago) | Hero
Reply
- gogoman at 24-01-2025 08:45 PM (3 months ago)
Online (m)
 Grin Grin Grin
Posted: at 24-01-2025 08:45 PM (3 months ago) | Grande Master
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- angesco at 25-01-2025 09:37 AM (3 months ago)
(f)
Firstly - DEFINE THE WORD “POOR”

Every Nigerian sees themselves as poor just to get money from family overseas!
Posted: at 25-01-2025 09:37 AM (3 months ago) | Gistmaniac
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- kp45 at 25-01-2025 11:09 AM (3 months ago)
(m)
Voicemail
Posted: at 25-01-2025 11:09 AM (3 months ago) | Addicted Hero
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fire TRENDING GISTS fire

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