The number of Nigerians benefiting from the Federal Government’s cash transfer programme under the National Social Safety Net Programme-Scale Up has risen to 32.21 million as of January 2025.
A World Bank Implementation Status and Results Report seen by Saturday PUNCH, said the programme which provides financial relief to low-income households while strengthening the country’s social safety net system, has continued to expand despite earlier implementation delays.
According to the World Bank, the number of social safety net beneficiaries increased from 30.35 million in June 2024 to 32.21 million in January 2025, with women accounting for a significant proportion of recipients.
The number of female beneficiaries currently stands at 28.55 million, while the number of households receiving cash transfers under the Economic Shock Responsive Cash Transfer component has grown to 5.39 million.
Meanwhile, 1.51 million households have benefitted from the Extended Regular Cash Transfer.
On the total number of households, the report read, “The direct benefit transfer program to date has supported over five million households. Following the CBN circular of December 2023, mandating the use of NIN or BVN to operate an account after March 2024, and the recommendation from the presidential panel, all transfers since March 2024 are made to beneficiaries whose NIN or BVN have been verified. About 1.4 million households, part of the total 5 million, have received a second and third tranche of support.”
Efforts to improve the security and transparency of payments have led to stricter verification measures.
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