1.9 Million Poor Nigerians To Get N38 Billion Cash Transfer – FG
1.9 Million Poor Nigerians To Get N38 Billion Cash Transfer – FG
More than 1.9 million vulnerable Nigerians are to benefit from about N38bn being disbursed as grants of N20,000 each to beneficiaries under the Grant for Vulnerable Groups programme of the Federal Government.
Data released in Abuja on Friday by the National Cash Transfer Office of the Federal Ministry of Humanitarian Affairs and Disaster Management indicated that the bank details of the over 1.9 million beneficiaries had been digitised.This came as the Humanitarian Minister, Sadiya Farouq, kicked-off the disbursement of N20,000 each to vulnerable and poor residents of the Federal Capital Territory during the commencement of the second round of the programme.
Farouq re-inaugurated the programme, which hitherto was known as Cash Grant for Rural Women, as she stated that it would now be known as Grant for Vulnerable Groups in order to encourage inclusivity.
She further said the Grant for Vulnerable Groups programme was introduced in 2020 to sustain the social inclusion agenda of the Federal Government.
The minister was quoted in a statement signed by the ministry’s Permanent Secretary, Nasir Sani-Gwarzo, as saying, “It is consistent with the national target of lifting 100 million Nigerians out of poverty in 10 years.
“Our target in the FCT is to disburse the grant to over 2,900 beneficiaries across the six Area Councils. In line with President Muhammadu Buhari’s social inclusion, 70 per cent of the total number of beneficiaries is for women while the remaining 30 per cent is for men.”