₦airaland Forum

The Federal Government has announced plans to scale up its direct cash transfer programme to include more poor and vulnerable Nigerians, according to the Minister of Finance and Coordinating Minister of the Economy, Wale Edun.

Speaking at the Oxford Global Think Tank Leadership Conference and Book Launch in Abuja on Tuesday, Edun said the initiative currently benefits over 15 million households across the country.

He noted that while progress had been made in stabilising inflation and the exchange rate, more needed to be done to lift Nigerians out of poverty and ensure citizens feel the positive effects of ongoing economic reforms.

“There is an attempt to ensure that the pains of reform are immediately alleviated. That’s why there is a transparent, accountable, and robust system of providing direct payments to 15 million households,” Edun stated. He emphasised that the programme is being implemented with transparency and accountability, supported by a digital verification system.

“In some places, people say they haven’t heard of anyone receiving the payments. We immediately call for the data to verify this because each individual is identified by name, national identity number, and paid digitally—either to a bank account or mobile wallet. There is accountability, transparency, and a record,” he explained.

Edun revealed that the Federal Government plans to expand the programme to reach even more beneficiaries at the grassroots level, as part of broader efforts to cushion the impact of economic reforms.

He also announced a new ward-based development initiative aimed at channelling resources directly to Nigeria’s 8,809 wards across 774 local government areas.

“This will empower economically active people at the ward level—small businesses and cottage industries—by providing support and financing. It’s a key element in ensuring that the benefits of current reforms and improvements reach right down to the local level,” he said.

Also speaking at the event, Founder of the Oxford Global Think Tank Leadership, Dr. Arunma Oteh, called for increased investment in infrastructure and human capital to drive sustainable growth..She stressed that Nigeria needs “patient capital” to bridge its infrastructure gap and spur economic transformation.

“China, over the years, invested 24 per cent of its GDP in infrastructure. At best, we do 4 to 5 per cent. If we want to bridge the infrastructure gap, we must raise this to at least 12 per cent,” Oteh said.

She further urged policymakers to equip young Nigerians for leadership, noting that long-term development would depend on consistent investments in people and infrastructure.

There is an attempt to ensure that the pains of reform are immediately alleviated. That’s why there is a transparent, accountable, and robust system of providing direct payments to 15 million households,”

Edun emphasised that the programme is being implemented with transparency and accountability, supported by a digital verification system.

doggedfighter:
Anyone knows anyone who has received this transfer and how much ?

Quest7777:
Let's even test the popularity of this cash transfer program

LIKE if you believe it is not effective
SHARE if you believe it is effective

Quest7777:
Let's even test the popularity of this cash transfer program

LIKE if you believe it is bad & not effective
SHARE if you believe it is good & effective

Sapiosexuality:
Can they just stop this charade? It makes them appear dumb.

This is not how you solve the problem we are currently going through. And it's not like the money is going to 15 million households.

fuckJones:
(A case study of Nigeria citizens & their elected oppressors).

During the Soviet dictatorship of Joseph stalin. He was a brutal dictator with mind of his own. On one fateful day, stalin came to Politburo meeting with a live chicken. Standing in front of audience, He started to pluck the feathers of the live chicken off one by one. The chicken trembled in pain, blood tricking out of its pores. It gave out grievous cries, but stalin being a cruel dictator continued without remorse plucking the feathers out until the chicken was completely Unclad. After which, he threw the chicken on the ground. The Unclad chicken was staggering in pain. stalin goes into his pocket and from his pockets, he took out some chicken food and started to throw it at the poor & hapless creature. The poor chicken in pain started eating and stalin started walking towards his seat. As he walked away, he kept dropping some feeds on the floor & the chicken followed him and sat feeding from his feet.

Joseph stalin then turned to members of his political party leadership. He said, "This chicken represents the people". "You must disempower them, brutalise them, beat them up, starve them and then leave them". "If you do this, go into your pocket & give them peanuts when they are in that helpless and desperate situation, they will blindly follow you for the rest of their life, worshiping you". "They will think you are a hero forever. They will forget that, you're responsible for their sorrowful situation in the first place." Breath taking, isn't it ?

Now! Take a look at all the people some Nigerians are busy defending on social media. Take a look at those they call their heroes. They are the same people who plunged Nigeria into the situation she is. They are the same people who are responsible for their predicaments. Did you see the numbers of people that throng to Saraki's House during this Sallah period to go collect peanuts? People trooping to Bola Ahmed Tinubu Foundation offices to collect branded One kilo bag of Rice & Noddles. Did you see the number of people of all ages who troop out to welcome Ex- convict James Ibori to South South! Do you see the number of handle mop following obi as if he is a seat? what of the one following dino malaye?

Your guess is as good as mine. Nigerians kill those they should defend and defend those they should kill! Pass to all your contacts & let your Political & Religion Leaders read, understand & digest.