1.9m Nigerians Currently Receiving N5,000 Cash Gift Monthly – FG

The president Muhammadu Buhari administration has proclaimed that 1.940,004 poor Nigerians are currently receiving N5,000 cash gift every month.

VerseNews Nigeria reports that this was made known by the Minister of Humanitarian Affairs, Disaster Management and Social Development, Hajia Sadiya Farouq who was represented by the Permanent Secretary of the Ministry, Dr Nasir Gwarzo at a ‘One-Day Stakeholders’ Retreat On National Social Investment (Establishment) Bill organised by the Senate Committee On Social Duties.

Speaking on the event, the minister disclosed that the aim of the National Social Investment Programme Establishment Bill was to provide a statutory and institutional framework for the implementation of the National Social Investment Programme.

She explained that the cash transfer targets to support the poor Nigerians and to reduce the poverty rate in the country.

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She said, “Since the inception of the NSIP in 2015, one million youths have been empowered through the N-Power Programme and additional 500,000 others are currently undergoing various forms of training under the programme as approved by the President.

“The cash transfer has enrolled 1,975,381 poor and vulnerable households from the National Social Register into a National Beneficiary Register.  The NBR alone has 9, 841, 700 household individuals in the 36 states of the federation.

“The Cash Transfer supports the poor and vulnerable to improve consumption and develop savings skills to reduce the poverty line and build their resilience to withstand shocks.

Speaking further, she said that the program is gradually reducing cases of out-of-school children as it feeds 10 million pupils in over 66,000 public schools across Nigeria.

“A total of 1, 940, 004 beneficiaries are currently receiving cash transfers each month.  Public Primary Schools across the country have witnessed an unprecedented number of new enrollment as a result of the National Home Grown School Feeding Programme.

The programme is currently feeding 10 million pupils in over 66, 000 public schools across Nigeria. The programme is gradually reducing cases of out-of-school children nationwide,” she added.