FG now pays 5.4m poor Nigerians N5,000 each monthly - NASSCO

FG now pays 5.4m poor Nigerians N5,000 each monthly - NASSCO

- According to the Nigerian federal government, 5.4 million people are now receiving N5,000 monthly from the National Cash Transfer initiative

- The National Social Safety Nets Coordinating Office on its Twitter page stated that the beneficiaries for the monthly stipend are drawn from 32 states

- As of January 31, 2020, 9,458,160 individuals are on the national social register of poor and vulnerable households

Following the federal government’s efforts to uplift the less privileged, 5,433,394 Nigerians who are on the conditional cash transfer program have started to receive N5,000 each monthly.

This was made known on Monday, February 10, by the National Social Safety Nets Coordinating Office (NASSCO) in a series of tweets.

NASSCO’s infographic which was shared on its Twitter page stated that as of January 31, 2020, the beneficiaries are drawn from 1,080,240 households across 32 states. The office also said from 43,258 communities in 35 states it has captured 9,458,160 individuals on the national social register of poor and vulnerable households.

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The Cable reports that the national social register would be used to support outreach, registration, and determination of potential eligibility for one or more social programs.

The programs which are managed by the ministry of humanitarian affairs and disaster management are also being partly financed by the recovered $32o million Sanni Abacha loot.

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Meanwhile, Legit.ng previously reported that the federal government is spending recovered looted funds by the late former head of state, General Sani Abacha, on addressing the troubles of poor Nigerians.

Maryam Uwais, the special adviser to President Muhammadu Buhari on social investments revealed this on Monday, October 21, 2019, at a public function in Port Harcourt, Rivers. Uwais said that between August/September 2018 and September/October payment 2019, the total cumulative amount disbursed from the Abacha loot is $76,538,530 and $27,099,028 from the International Development Association (IDA) credit.

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Similarly, the federal government disclosed that 90 million Nigerians are currently living in poverty just as it also said it is working to end the challenge in the country.

The minister for humanitarian affairs, disaster management and social development, Sadiya Farouq, stated this when she presented the 2020 budget estimates of N44.21 billion for the approval of the House committee on internally displaced persons and refugees of the lower chamber of the National Assembly.

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Source: Legit.ng

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