BREAKING: President Tinubu Approves 4Billion Cash Transfer For Nigerians - DAILY GIST
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BREAKING: President Tinubu Approves 4Billion Cash Transfer For Nigerians

Adam PR by Adam PR
January 23, 2025
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The Nigerian government led by President Bola Tinubu has approved a conditional cash transfer of 4 billion Naira to support vulnerable households in Nigeria.

The cash transfer is part of a conditional cash transfer (CCT) program that aims to reduce poverty and improve the human capital of children.

The program is administered by the National Social Investment Programme.

The CCT program provides cash transfers to households that meet certain conditions.

The government has also approved N2 billion in interest-free loans to support farmers, particularly those in rural areas, with the aim of enhancing food production and achieving self-sufficiency.

During the unveiling of the 2025 Nigeria Humanitarian Needs and Response Plan at the United Nations House in Abuja on Thursday, Professor Nentawe Yilwada, the Minister of Humanitarian Affairs and Poverty Reduction, revealed a series of initiatives designed to tackle the escalating humanitarian crisis in the country.

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This initiative aims to assist a minimum of 10 million displaced households, focusing particularly on the most vulnerable segments of society.

The cash transfer program is scheduled to begin in February and run until April, with the aim of addressing the urgent needs of families impacted by displacement, especially in the Northeast.

The minister said, “We are prioritising 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.

“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.

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AdamPR is a young Blogger, Publisher, Web Designer. For Adverts and Publications, He can be reached on WhatsApp - 09061956151

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