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N688bn Disbursed, 9 Million Nigerian Homes Receive FG Cash Transfer - Minister - Politics - Nairaland

Nairaland ForumNairaland GeneralPoliticsN688bn Disbursed, 9 Million Nigerian Homes Receive FG Cash Transfer - Minister (9884 Views)

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N688bn Disbursed, 9 Million Nigerian Homes Receive FG Cash Transfer - Minister by ogododo(op): 6:50pm On Mar 30
No fewer than 9.2 million Nigerians have benefited from the Federal Government’s Household Prosperity and Empowerment Cash Transfer Programme, with approximately ₦688bn disbursed within two years.

The Minister of Humanitarian Affairs and Poverty Reduction, Dr Bernard Doro, disclosed this on Monday at the HOPE-CT implementation update and press conference in Abuja.

The cash transfer scheme, anchored on the National Social Register, is one of the Federal Government’s key social protection interventions aimed at cushioning the effects of recent economic reforms on vulnerable households.

The programme is being implemented in collaboration with the National Identity Management Commission, the National Social Safety Nets Coordinating Office, the National Cash Transfer Office, and the National Social Investment Programme Agency.


In his presentation, Doro said the HOPE-CT initiative was introduced as a shock-response mechanism to support low-income Nigerians amid ongoing macroeconomic adjustments, adding that beneficiaries receive ₦75,000 in three tranches.

He said, “Under this intervention, eligible households receive ₦75,000 distributed over three tranches, helping families meet essential needs such as food, healthcare, and ededucationif you ask me, N75,000 is indeed a lot of money to Nigerians, and there are many things they could do with it.

“As of today, 9,178,837 beneficiary households across Nigeria have received at least the first tranche of ₦25,000, demonstrating the scale and reach of this programme.

“The second and third tranches are progressing steadily. 7,203,579 beneficiaries have received the second tranche, and 6,497,089 have received the third, with disbursement continuing to roll out across all states. The remaining beneficiaries within these tranches are actively being processed, and every eligible household will receive their full entitlement.”

On the duration it takes to reach the entire 9.2 million households, the minister explained that ‘the intervention spanned from November 2023 to February 2026.’

He added that all beneficiaries must be captured in the National Social Register and verified using either a National Identification Number or Bank Verification Number to ensure transparency.

“Out of the 9.17 million beneficiaries reached so far, 5,391,225 are women — representing 58.7 per cent of all beneficiaries, while 3,787,612 are men, representing 41.3 per cent.

“By empowering women through the HoPE Cash Transfer Programme, we are supporting mothers, caregivers, entrepreneurs, and community leaders who form the backbone of family resilience across Nigeria,” he stated.

In her remarks, the Director-General/Chief Executive Officer of the National Identity Management Commission, Dr Abisoye Coker-Odusote, said the use of identity verification had strengthened transparency and accountability in the programme.

Coker-Odusote emphasised that identity, especially in Nigeria, goes beyond just being a number.


She said, ‘It is an access to opportunity, social protection, and full benefits of citizenship. This belief has guided our partnership with the National Social Safety Nets Coordinating Office to ensure that the HoPE-CT programme is not only impactful, but also transparent, targeted, and efficient.

“Today, I am pleased to report significant progress. As of the end of February, a total of 13,240,100 individual records have been securely shared with NIMC for verification. Out of this figure, 11,831,861 records have been successfully verified while 1,408,284 records did not pass verification.

“Now, let me emphasise — this is not a setback. It is a strength of the system. Every failed record has been thoroughly analysed, and we have provided NASSCO with a clear diagnosis of the issues, alongside practical solution pathways. As we speak, an additional 3.1 million records are currently undergoing processing.”

Similarly, the Minister of Information and National Orientation, Mohammed Idris, who was represented by the ministry’s Director of Protocols, Dr Suleiman Haruna, highlighted that the programme had provided relief to millions of Nigerians.

According to him, the HoPE-CT programme is about showing every Nigerian, especially those at the grassroots, that “their government sees, hears and is actively working to improve their lives.”

“Over the years, many Nigerians have fallen into economic vulnerability. But in the last three years, many have been saved through various programmes of the government.

“We will continue to support all government programmes in their effort to reach their intended audiences,” he stated.

On the scope of the intervention, the Minister of State for Humanitarian Affairs and Poverty Reduction, Dr Yusuf Tanko Sununu, said the programme was designed to stabilise vulnerable households and strengthen resilience.

He argued that through the integration of the National Social Register and digital payment systems, the programme continues to strengthen transparency, improve targeting, and deepen financial inclusion, while ensuring that assistance is delivered efficiently and with accountability.

Earlier, the Programme Manager of the National Cash Transfer Office, Abdullahi Alhassan, said the initiative was funded through an $800m facility from the International Development Association of the World Bank.

Alhassan also noted that the number of beneficiaries has currently been ‘reviewed upward from 10.4m to 15m vulnerable Nigerians.’

https://punchng.com/n688bn-disbursed-nine-million-nigerian-homes-receive-fg-cash-transfer-minister/

Re: N688bn Disbursed, 9 Million Nigerian Homes Receive FG Cash Transfer - Minister by Igbofirstfarmer: 6:54pm On Mar 30
Nigeria statistics, odiegwu.
Re: N688bn Disbursed, 9 Million Nigerian Homes Receive FG Cash Transfer - Minister by FriendsAndFans(m): 6:56pm On Mar 30
Hi I didn't receive shi shi and I don't know anyone around me that received sad
Re: N688bn Disbursed, 9 Million Nigerian Homes Receive FG Cash Transfer - Minister by obi4eze(m): 6:56pm On Mar 30
For lies, text APC to 419.

Lies, lies and more lies.
Re: N688bn Disbursed, 9 Million Nigerian Homes Receive FG Cash Transfer - Minister by Lithiumite: 7:00pm On Mar 30
As in how nah.....tinubu how nah!!
Re: N688bn Disbursed, 9 Million Nigerian Homes Receive FG Cash Transfer - Minister by Georgry(m): 7:05pm On Mar 30
me and my family didn't see 1 kobo sha
Re: N688bn Disbursed, 9 Million Nigerian Homes Receive FG Cash Transfer - Minister by VOsimhen144(m): 7:16pm On Mar 30
These old yahoo men called politicians will keep seeing us as mumu until we start holding their gbola aggressively for accountability.

Just imagine how they see over 200 million people like fuuuls.
Re: N688bn Disbursed, 9 Million Nigerian Homes Receive FG Cash Transfer - Minister by franudi: 7:18pm On Mar 30
This is a very useless federal government.
Re: N688bn Disbursed, 9 Million Nigerian Homes Receive FG Cash Transfer - Minister by OctavianAC(m): 7:18pm On Mar 30
Please testify with evidence, if any one you received any money from this APC govt.
Re: N688bn Disbursed, 9 Million Nigerian Homes Receive FG Cash Transfer - Minister by Smartjeezy01(m): 7:18pm On Mar 30
I know some people that receive the conditional cash transfer around me.
Re: N688bn Disbursed, 9 Million Nigerian Homes Receive FG Cash Transfer - Minister by tobenuel(m): 7:19pm On Mar 30
I hope helinues and his co got some stipend.. it's not an easy work for dem
Re: N688bn Disbursed, 9 Million Nigerian Homes Receive FG Cash Transfer - Minister by addexx:
grin and una dey arrest yahoo boys. This one don pass yahoo na. 9 million homes and no single testimony online.
Re: N688bn Disbursed, 9 Million Nigerian Homes Receive FG Cash Transfer - Minister by Denalarian: 7:19pm On Mar 30
Lol.. this thing is audio naa. How come people i know haven't received but I still see millions of people being paid.. are there no testimonies?
Re: N688bn Disbursed, 9 Million Nigerian Homes Receive FG Cash Transfer - Minister by chucks185: 7:19pm On Mar 30
This is one of the ways this government steal huge amounts of money
Re: N688bn Disbursed, 9 Million Nigerian Homes Receive FG Cash Transfer - Minister by Rayjnr: 7:19pm On Mar 30
Thieves, nobody collected it
Re: N688bn Disbursed, 9 Million Nigerian Homes Receive FG Cash Transfer - Minister by Simeon88(m): 7:19pm On Mar 30
Are you guys for real....oh I forgot we're talking about Nigeria
Re: N688bn Disbursed, 9 Million Nigerian Homes Receive FG Cash Transfer - Minister by bigdammyj: 7:20pm On Mar 30
Noted.

more characters needed
Re: N688bn Disbursed, 9 Million Nigerian Homes Receive FG Cash Transfer - Minister by Franking: 7:21pm On Mar 30
I think every doubting Thomas will now believe that this government is the most corrupt.
Re: N688bn Disbursed, 9 Million Nigerian Homes Receive FG Cash Transfer - Minister by Mattswaggz: 7:21pm On Mar 30
Is it that they're trying to tell us that it's ghost that full this country or who received what they're talking about?.
Re: N688bn Disbursed, 9 Million Nigerian Homes Receive FG Cash Transfer - Minister by Angelfrost(m): 7:22pm On Mar 30
Lol... Una just dey thief effortlessly and without shame. grin

Just watch how certain people go fall out claiming they received theirs.
Re: N688bn Disbursed, 9 Million Nigerian Homes Receive FG Cash Transfer - Minister by DoctorShomo:
Who are the 9 million Nigerians?
Re: N688bn Disbursed, 9 Million Nigerian Homes Receive FG Cash Transfer - Minister by Tooreda: 7:22pm On Mar 30
See how bastards are calling figures...
Re: N688bn Disbursed, 9 Million Nigerian Homes Receive FG Cash Transfer - Minister by DeepSight(m): 7:23pm On Mar 30
A lie from the pit of hell.
Re: N688bn Disbursed, 9 Million Nigerian Homes Receive FG Cash Transfer - Minister by israelmao(m): 7:23pm On Mar 30
It must be 9million homes in Mar and Venus not in Nigeria.I believe devil is doffing his hat for APC daily for being ahead of him in the lying business.
Re: N688bn Disbursed, 9 Million Nigerian Homes Receive FG Cash Transfer - Minister by Hezzyluv: 7:24pm On Mar 30
When the masses are serious, these politicians will wake up and stop taking people for granted.

Just imagine this kind lie and over half a trillion Naira involved! undecided
Re: N688bn Disbursed, 9 Million Nigerian Homes Receive FG Cash Transfer - Minister by AustineE1: 7:24pm On Mar 30
I am from Asaba and the poorest of the poor in my community have not received anything yet and i asked my brothers in the south east,the same story, before figures are thrown around for whateve purposes,pls can federal government publish names and addresses of those that received from each LGA. For accountability sake,thanks!
Nigerians want to know the beneficiaries.
Re: N688bn Disbursed, 9 Million Nigerian Homes Receive FG Cash Transfer - Minister by Tooreda: 7:24pm On Mar 30
Buhari created Npower at least to ensure that jobless youths get something every month end. What has Tinubu created?
Re: N688bn Disbursed, 9 Million Nigerian Homes Receive FG Cash Transfer - Minister by gigfx: 7:24pm On Mar 30
The way these people are stealing money , no get part 2 oo. These stolen money now will be use during the next election to bribe people to vote for them.
Re: N688bn Disbursed, 9 Million Nigerian Homes Receive FG Cash Transfer - Minister by Votetinubu: 7:25pm On Mar 30
If you have received 70k transfer from government, kindly comment yes under my comment.
Re: N688bn Disbursed, 9 Million Nigerian Homes Receive FG Cash Transfer - Minister by oshkoach: 7:25pm On Mar 30
Thunder fire this minister and his Co-APC travelers.

LIE FROM THE PIT OF HELL. Use that money to subsidize fuel and prices of food and other items will drop and both the poor and the rich will benefit.
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