Jubilation as Tinubu Plans to Restart Direct Cash Transfers to 12m Nigerians

Jubilation as Tinubu Plans to Restart Direct Cash Transfers to 12m Nigerians

  • The economic hardship facing millions of Nigerians has gotten the attention of President Bola Tinubu's government
  • Minister of Finance and Coordinating Minister for the Economy, Wale Edun, will restart the direct cash transfers to the poorest and most vulnerable Nigerians.
  • Edun said 12 million people, and households will benefit from the payment of the direct cash transfers

Legit.ng journalist Adekunle Dada has over 5 years of experience covering metro and government policy.

Uyo, Akwa-Ibom state - President Bola Ahmed Tinubu’s led federal government has announced plans to restart direct cash transfers to the poorest and most vulnerable Nigerians.

The minister of finance and coordinating minister for the economy, Wale Edun, said the move is to ameliorate the hardship faced by millions of Nigerians, The Nation reported.

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Tinubu Plan to Restart Direct Cash Transfers to 12m Nigerians
FG to restart direct cash transfers to 12m Nigerians to ameliorate economic hardship Photo credit: @officialABAT
Source: Twitter

Edun disclosed this plan during the Ministry’s retreat held in Uyo, Akwa-Ibom state on Wednesday, February 21.

“The presidential panel on the social investment programmes, have prepared to go to Mr. President with an internal recommendation to restart the direct payments to the poorest and the most vulnerable. Everything is being done to ease the pain.
“We know that there’s been about 3 million beneficiaries now, but given the way the rates have gone, there are probably another 12 million people, households that can benefit from that payment.”

The minister explained that the expansion is to reach a wider population struggling with the economic situation.

As reported by Blueprint, he added that technology will be used to ensure smooth and transparent payments directly in the hands of those who need it most.

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“We have experts in technology, the commitment was to make sure that we use technology to ensure that we have a seamless payment, a seamless movement between the registered and the direct beneficiaries, without any manual processes in between. So it’s taking time to automate that process immediately that direct payment will resume”.

Customs to distribute food Items to Nigerians

Meanwhile, Legit.ng reported that the Nigeria Customs Service (NCS) said it will distribute food items forfeited to the Federal Government to cushion the economic hardship Nigerians are going through.

The public relations officer for the Comptroller General of Customs, Abdullahi Maiwada said the food items will be certified fit for consumption by relevant agencies and distributed to ordinary Nigerians nationwide.

Maiwada said the mode of distribution will be communicated through NCS formations nationwide. He said the Custom will remain dedicated to safeguarding the nation's food security and advancing the economic well-being of all Nigerians.

Source: Legit.ng

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