Tinubu Explains How N330bn Was Disbursed to 8 Million Poor Households

Tinubu Explains How N330bn Was Disbursed to 8 Million Poor Households

  • President Bola Ahmed Tinubu has explained how his government has been supporting poor households and vulnerable Nigerians
  • Tinubu said his administration has disbursed nothing less than N330bn to eight million households across the nation
  • The President explained how the disbursement has been going on under the Federal Government’s social investment programme

Legit.ng journalist Adekunle Dada has over 8 years of experience covering metro, government policy, and international issues

FCT, Abuja - President Bola Ahmed Tinubu said his government has disbursed N330bn to eight million households to support poor households and vulnerable Nigerians.

Tinubu disclosed that the N330bn was disbursed under the Federal Government’s social investment programme.

Tinubu says N330bn was disbursed to 8 million poor households
Tinubu says N330bn was disbursed to support 8 million poor households and vulnerable Nigerians. Photo credit: Asiwaju Bola Ahmed Tinubu
Source: Twitter

The President said many of the beneficiaries had already received one or two out of the three tranches of N25,000 each.

Tinubu explained that the disbursement was part of his administration’s resolve to cushion the impact of economic reforms on the most disadvantaged groups.

Read also

As reported by The Punch, Tinubu made this known in his 65th Independence Day broadcast on Wednesday, October 1, 2025.

“Under the social investment programme to support poor households and vulnerable Nigerians, N330 billion has been disbursed to eight million households, many of whom have received either one or two out of the three tranches of N25,000 each.”

Tinubu assured Nigerians that his administration is implementing corrective measures to reverse the country’s infrastructural and economic decline.

The Presidnet praised Nigerians for their resilience in enduring tough times.

President Tinubu pledged not to betray the trust reposed in him.

“I salute your endurance, support, and understanding. I will continue to work for you and justify the confidence you reposed in me to steer the ship of our nation to a safe harbor.”

7 million poor households to get cash transfers

Recall that about seven million vulnerable Nigerian households will receive cash transfers from the Nigerian government before the end of 2025.

Read also

The development was disclosed by Funmi Olotu, the national coordinator of the national social safety-net coordinating office.

This comes as the Minister of Finance, Wale Edun, said that the government disbursed about N300 billion to Nigerians in two years.

FG to share N75k each to 2.2m Nigerian households

In a similar story, Legit.ng reported that the federal government is ready to transfer cash to over 2.2 million poor households across the country.

The funds will be credited to the accounts of beneficiaries, and there is a promise that it will kick off before the end of August 2025.

According to the humanitarian ministry, over N419 billion has already been disbursed to five million Nigerians.

Source: Legit.ng

Authors:
Adekunle Dada avatar

Adekunle Dada (Politics and Current Affairs Editor) Adekunle Dada is a trained journalist with over 8 years of working experience. He is also a Politics/Current Affairs Editor at Legit.ng. He holds a B.Sc. in Mass Communication from Lagos State University, Ojo. Adekunle previously worked at PM News, The Sun, and Within Nigeria, where he expressed his journalistic skills with well-researched articles and features. In 2024, Adekunle obtained a certificate in advanced digital reporting from the Google News Initiative. He can be reached via adekunle.dada@corp.legit.ng.

Tags: