The Federal Government has said two million people will start receiving about N20bn from June 2022, as basic cash transfers and conditional cash transfers, under the National Cash Transfer Programme.
Two million people will be paid 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.
According to the Minister of Humanitarian Affairs, Disaster Management and Social Development, Sadiya Farouq, the number of people who will benefit from this scheme would increase further in June, 2022.
“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”.
She further stated: ”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”.
Story: Asma’u Sani
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