Two 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, the Federal Government has said.

It was gathered that 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. This implies that the government would be spending N20bn on the beneficiaries.

A March 2022 document on the strategic roadmap and activities of the Federal Ministry of Humanitarian Affairs, Disaster Management and Social Development, obtained by our correspondent in Abuja on Sunday, showed that the number of people receiving cash transfers from the government had been increasing.

The report stated that in 2018, a total of 19 states were covered under the National Cash Transfer Programme, as this increased to 24 states in 2019 and moved up to 36 states and the Federal Capital Territory in 2022, covering 1.6 million people.

Two 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, the Federal Government has said.

It was gathered that 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. This implies that the government would be spending N20bn on the beneficiaries.

A March 2022 document on the strategic roadmap and activities of the Federal Ministry of Humanitarian Affairs, Disaster Management and Social Development, obtained by our correspondent in Abuja on Sunday, showed that the number of people receiving cash transfers from the government had been increasing.

The report stated that in 2018, a total of 19 states were covered under the National Cash Transfer Programme, as this increased to 24 states in 2019 and moved up to 36 states and the Federal Capital Territory in 2022, covering 1.6 million people.

The minister said, “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.”

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

The ministry stated that 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

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

It further stated in the document that 174 of the 1,850 mobile agents trained, kitted, and registered with the Central Bank of Nigeria – Shared Agents Network Expansion Facility for agency banking achieved a transaction volume of over N657m between January 1 and March 25, 2022.

“The top 10 mobile money agents executed transactions totaling N300,095,545.06 and earned N1,852,499.00 between January and March 25, 2022,” the ministry stated.

The report indicated that 9.8 million pupils were being fed daily under the National Home-Grown School Feeding Programme, while 127,000 cooks had been engaged and 98 aggregators were supplying various protein products.

The school feeding programme is one of the four clusters of the National Social Investment Programme which seeks to provide one free daily meal to pupils on the programme.

The NHGSFP is designed as a collaboration between the Federal Government and state governments. The Federal Government is responsible for the release of funds, guidelines, policies, and monitoring.

The state carries out the day-to-day implementation including procurement of food items, and selection of cooks and vendors who prepare, cook, and serve the meals to the pupils.

   
https://punchng.com/two-million-peoplell-start-receiving-n20bn-monthly-from-june-fg/

Two million Fulani terrorists they meant. Folks should expect increase in terrorism as FG is about to empower them again with 20 billion

It's campaign season ppl... Vote buying Pro Max

2 million out of over 250 million population, it's still a failure.

Okay.

Mumu full this NL o.See as dem believe dis story.Where Nigeria go borrow money to give 20Bn to 2million people.

2023 is nearby.

Campaign strategy

These clueless guys should be kicked out of office already.

The really issue here is that one will think that Nigerians have learnt something in the past 7+ years but they will end making worse mistakes at the polls in 2023 using their nepotic and tribal brains

2miillio......

That woman herself is a disaster

Nothing wey Musa no go see for gate..
Can't 20billion fix our refinery and we stop all this fuel scarcity and price increase.

20billion for vote buying I guess..

Election is around the corner, the mofos are just cashing out on naija, especially that ministry of humanitarian and disaster.

So you claim to give them cash... then steal the funds...

- Yet they could not equip security gadgets on the train and tracks for just N3bn..

Wait óò....do they mean 20 billion for 2 million people?

These same guys that don't have time for ASUU claiming they have no money right?

Damn....say wetin happen?
Shey jesus don come again ni

Money wey we no go see

Esseite:
Yet they could not equip security gadgets on the train and tracks for just N3bn..

Did you really follow the news about the security gadget for the rail way or you just wanna just complain?

It is well!

Parachoko:
Did you really follow the news about the security gadget for the rail way or you just wanna just complain?

I did very well.. despite all the back and forth, FEC meetings and disapprovals, was it done to save lives and properties till date?...

Esseite:


I did very well.. despite all the back and forth, FEC meetings and disapprovals, was it done to save lives and properties till date?...

I still doubt you have an idea about this issue.

Amechi was asked some questions about the company, he was told to get information about the questions asked and tender it before the council, since September till now, he has been quiet about this.

If you are a businessman, will you have sign the deal bought by Amechi?

This is one of the problem of Nigeria

I've seen a situation where a road construction was giving to a company that has no business with the construction of road and some money was paid for them to start work. The Government had to cancel the project and reaward the construction of the road to another firm.

Lalasticlala election is here, tradermoni has come........

Parachoko:
I still doubt you have an idea about this issue.

Amechi was asked some questions about the company, he was told to get information about the questions asked and tender it before the council, since September till now, he has been quiet about this.

If you are a businessman, will you have sign the deal bought by Amechi?

This is one of the problem of Nigeria

I've seen a situation where a road construction was giving to a company that has no business with the construction of road and some money was paid for them to start work. The Government had to cancel the project and reaward the construction of the road to another firm.

You see, you dont even have the details. Amaechi proposal was turned down by Osinbajo without a defined reason despite the FEC being okay with it. Now the VP's reason which came to light after the killings was valid, but did he give that reason as to why he didnt approve, while rather asking question of "what is the brand" while keeing it aside. What would it have taken Amaechi to seek another coy with better balance sheet to replace the former?

Now your example of re-awarding the contract is good, why didnt it happen with this?

Another means of stealing public funds to fund 2023 election.

I fear who no fear this present day government.

lol election is here....


Watch out for more cash out format....

Election time!

Let's even add the fact that such programmes are not sustainable...since they are not funded from taxes , but from oil money...and oil is already falling and falling and falling

Nigeria does not have enough money for these useless programmes. If we want conditional cash transfers to work, then raise taxes, or diversify the economy. Oil money cannot feed everyone

Another opportunity to loot Nigeria dry. We had that of COVID 19, primary school feeding etc.

this APC is just a group of idiots.no plan to build this country,no plan to end insecurity.look at what they have reduced the country to.if you are planning to vote APC in 2023 bring your thump I want to look at it

So they want to be sharing money to fulani terrorist in this country. Na wa ooo