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2 million people to receive N20bn monthly starting June — FG

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2 million people to receive N20bn monthly starting June — FG

The Federal Government has announced that 2 million people will start receiving about N20bn from June this year as basic cash transfers and conditional cash transfers under the National Cash Transfer Programme.

This was revealed in March 2022 document on the strategic roadmap and activities of the Federal Ministry of Humanitarian Affairs, Disaster Management and Social Development.

According to the documents, the Federal Government would pay the two million people N5,000 each under the basic cash transfer and an additional N5,000 under the conditional cash transfer.

2 million people to receive N20bn monthly starting June — FG

This implies that the government would be spending N20bn on the beneficiaries. The document also showed that the number of people receiving cash transfers from the government had been increasing.

In the document, the Minister of Humanitarian Affairs, Disaster Management and Social Development, Sadiya Farouq, gave more insight on what the government has in store.

“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 stated.

Farouq also 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.

In her words;

“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.”

2 million people to receive N20bn monthly starting June — FG

Going further, the minister stated that under the National Social Register, 46 million persons in the 36 states and FCT, in 11 million households, had been registered as of 2022.

According to her, 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.

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

 

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