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

You must be logged in to post a comment Login

Leave a Reply

WATCH: Nigeria Newspaper Headline Today

Apply For Latest Job Openings

Trending

Nnamdi Kanu in Court Nnamdi Kanu in Court
Politics20 hours ago

Appeal Court Strikes Out Nnamdi Kanu’s Fundamental Rights Case

The Court of Appeal in Abuja has struck out Nnamdi Kanu’s appeal alleging violations of his fundamental rights...

Screenshot 20240922 215604 Quick Grid Screenshot 20240922 215604 Quick Grid
Politics21 hours ago

Okpebholo Vows to Resign if Tinubu Loses Edo in 2027 Presidential Election

Edo State Governor Monday Okpebholo says he is ready to step down from office if President Bola Tinubu...

tinubu approves tinubu approves
Business21 hours ago

Tinubu Approves NTPIC to Supervise Implementation of Major Tax Reforms

President Bola Tinubu has inaugurated the National Tax Policy Implementation Committee to coordinate the rollout of Nigeria’s sweeping new tax...

ObiDattiVerseNewsNG ObiDattiVerseNewsNG
Politics21 hours ago

BREAKING: Datti Baba-Ahmed Breaks Silence on Peter Obi’s Defection Rumours

Datti Baba-Ahmed has dismissed reports claiming Peter Obi has left the Labour Party, insisting the former presidential candidate...

ecowas card ecowas card
Politics22 hours ago

FG Launches ECOWAS National Biometric Identity Card

Nigeria has officially launched the ECOWAS National Biometric Identity Card (ENBIC), a digital credential that enables passport-free travel within West...

UNIPORT Student Damian Okoligwe Sentenced to Death for Killing Girlfriend UNIPORT Student Damian Okoligwe Sentenced to Death for Killing Girlfriend
Education22 hours ago

BREAKING: UNIPORT Student Damian Okoligwe Sentenced to Death for Killing Girlfriend

A Rivers State High Court has sentenced 400-level UNIPORT student, Damian Okoligwe, to death after finding him guilty of killing...

kanu in sokoto prison kanu in sokoto prison
Politics1 day ago

BREAKING: Nnamdi Kanu Reportedly Declared ‘President’ Inside Sokoto Prison

Inmates at the Sokoto Custodial Centre reportedly named detained IPOB leader Nnamdi Kanu as their “president” shortly after he arrived...

Idris Wase Idris Wase
Politics1 day ago

‘Don’t Withdraw Our VIPs, Bandits Will Hit Us,’: Lawmakers Beg Tinubu

Lawmakers have urged President Bola Tinubu to reverse the withdrawal of police escorts from VIPs, warning that bandits are threatening...

HIV testing 02 HIV testing 02
News1 day ago

160,000 Lagos Residents Are HIV Positive – Govt

The Lagos State Government says an estimated 160,000 residents are living with HIV, warning that testing and community outreach have...

Senate Approves Death Penalty For Drug Traffickers Senate Approves Death Penalty For Drug Traffickers
Politics2 days ago

Senate Begins Terrorism Law Amendment

The Nigerian Senate has commenced the amendment of the Terrorism (Prevention and Prohibition) Act to include kidnapping as a punishable...

Advertisement