Connect with us

News

Cash Transfer: FG Disqualifies Nigerians Without NIN, BVN, CBN Begins Payment

Federal Government is taking out dead beneficiaries, to disqualify Nigerians without National Identification Numbers…

Published

on

suspension of betta edu
Dr. Betta Edu

Federal Government is taking out dead beneficiaries, to disqualify Nigerians without National Identification Numbers (NIN) and Bank Verification Numbers (BVN).

FG is also expanding the National Social Register to accommodate pensioners and ex-servicemen under its Conditional Cash Transfer scheme.

The payments would be made directly to the beneficiaries by the Central Bank of Nigeria and not through consultants, as the first batch of bulk payments would begin next week for five million households.

Advertisement

VerseNews reports that the Special Adviser on Media and Publicity to the Minister of Humanitarian Affairs and Poverty Alleviation, Rasheed Olanrewaju, stated that the cash transfer scheme had been reviewed and expanded.

On if the Federal Government would use the old register used by the former President Muhammadu Buhari administration to transfer the money, he stated, “We are using a verified expanded register that has pensioners and veterans, as well as other vulnerable persons who were not captured.”

Confirming the position of the minister’s media aide, the National Communications Manager, National Social Investment Programme Agency, Jamaldeen Kabir, stated that beneficiaries who had exited the poverty line were being removed from the register.

Kabir said, “What he (Olanrewaju) told you is very correct, because the register is being expanded. First of all, it has to be verified so that those who are out of the poverty line will be removed from the old register.

Advertisement

“Those in the register, are they still within the poverty line or have they exited the line? The expansion will also include the wives of fallen heroes and pensioners.”

Olanrewaju stated that though bulk payments would commence from next week, some of those who had been verified had already started receiving payment alerts.

“The cash transfer (scheme) has been launched and once a household is verified, they get paid. The batches begin this month, next week to be precise; however, verified people have started receiving alerts,”

Also commenting on when the cash transfer would begin, Kabir said, “Actually, when the programme was launched at the Presidential Villa three days ago, some beneficiaries were presented with some cheques.

Advertisement

“So, before this month ends, the beneficiaries in the first phase will receive theirs, and this phase caters to five million households. So, we are expecting those five million households to receive money in the months of October, November and December,” Olanrewaju added.

On how many ghost recipients had been discovered, the minister’s aide stated that a lot of measures had been put in place to make the scheme credible, such as the introduction of the NIN and BVN.

“They may not be ghosts, but we have put in place many controls to make the process credible and clean. First, we looked for the NIN and BVN to match with in-person verification and biometrics. The process is from the CBN to the beneficiaries; there are no middlemen,” Olanrewaju stated.

Advertisement

Asked to state the number of dead recipients, he replied, “We have struck off many names following the verification. The final figure will be out in weeks; it may run into millions.

“Some are dead; some are no longer in that category (of the poor) and some could not be identified at locations given, so wait till we get the compilation ready,”

WhatsAppCOnnect

Stay ahead with VerseNews. Get the latest breaking news, insightful analysis, and trending stories. Your go-to source for timely updates and unbiased reporting.

Advertisement
Click to comment

Leave a Reply

Your email address will not be published. Required fields are marked *

WATCH: Nigeria Newspaper Headline Today

Apply For Latest Job Openings

Trending

sleeping naked sleeping naked
Health3 weeks ago

Amazing Health Benefits of Sleeping Naked

Sleeping naked offers several health benefits, including...

Verydarkman's Lawyer Verydarkman's Lawyer
Entertainment3 weeks ago

BREAKING: EFCC Gives Condition to Release VeryDarkMan

The EFCC says VeryDarkMan will be released only if...

rrivers women rrivers women
News3 weeks ago

VIDEO: Rivers Women Walk Out Of Remi Tinubu’s Empowerment Event, Demand for Lady Valerie Fubara

Hundreds of women in Rivers State walked out of an empowerment event organized by First Lady Remi Tinubu...

6814db0d4049a 6814db0d4049a
News3 weeks ago

BREAKING: Lagos BRT Driver Who Killed Bamise Ayanwola Sentenced to Death by Hanging

A Lagos High Court has sentenced BRT driver Andrew Ominikoron to death by hanging for the rape and murder of...

PortableVersenewsNG2 PortableVersenewsNG2
Entertainment3 weeks ago

Portable Zazuu Sentenced to Prison for Stealing, Assault

An Ogun State Magistrate Court has sentenced street-hop artist Portable, also known as Zazuu.

arsenal vs psg arsenal vs psg
Sports4 weeks ago

Arsenal vs PSG: Champions League Semi-Final Preview & Predictions

Arsenal face PSG tonight in the Champions League semi-final first leg at the Emirates, with both sides aiming for a...

PDP Chairman VerseNews PDP Chairman VerseNews
Politics4 weeks ago

PDP Holds Emergency Meeting Amid Mass Defections and Internal Crisis

The PDP's National Working Committee is holding an emergency meeting in Abuja amid mass defections and internal crises.

cac image 1 cac image 1
Business4 weeks ago

CAC Issues 6-Week Deadline for Business Registration, Warns of Jail Term for Defaulters

The Corporate Affairs Commission (CAC) has given unregistered businesses in Nigeria six weeks to comply with registration requirements or face...

NnamdiKanu NnamdiKanu
News4 weeks ago

BREAKING: Court Grants FG’s Requests For Witnesses To Testify Against Nnamdi Kanu Behind Screens

Nnamdi Kanu’s trial resumed in Abuja as a DSS officer testified behind a screen, detailing his 2015 arrest and seizure...

e money e money
News4 weeks ago

BREAKING: EFCC Arrests Popular Businessman, E-Money

The EFCC has arrested Lagos popular businessman E-Money.

Advertisement