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.

RECOMMENDED FOR YOU  CBN Staff Loans Rises By 113%, Hit N40bn

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.

RECOMMENDED FOR YOU  Simon Ekpa Orders Oil Companies To Shut Down Operations

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.

RECOMMENDED FOR YOU  NDLEA Raids Osun Illicit Drug Party Tagged 'Unholy Alliance', Arrests Main Organiser, Others

“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
Advertisement

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

big joe big joe
News37 minutes ago

‘He Was Shot Down in Front of His Shop’ – Nigerian Businessman ‘Big Joe’ Killed in South Africa as Xenophobia Fears Escalate

A Nigerian businessman popularly known as Big Joe has reportedly been shot dead outside his shop in South Africa.

whatsapp whatsapp
News47 minutes ago

WhatsApp Introduces Usernames, No Longer Requires Phone Numbers to Start Chats

WhatsApp is rolling out a new username feature that will allow users to chat without revealing their phone numbers, giving...

AP26180683987893 1782759725 AP26180683987893 1782759725
Sports57 minutes ago

Martinelli’s Injury-Time Winner Sends Brazil Past Japan Into World Cup Round of 16

Gabriel Martinelli scored a dramatic 96th-minute winner as Brazil came from behind to beat Japan 2-1, securing a place in...

TETFUND textbooks TETFUND textbooks
Education58 minutes ago

Ekiti Govt Approves Textbook Reuse by Siblings, Retains Ban on School Graduation Ceremonies

The Ekiti State Government has approved the reuse of textbooks by younger siblings to reduce education costs...

HMAHimkXcAAUsGH HMAHimkXcAAUsGH
News1 hour ago

BREAKING: Troops of Operation Hadin Kai Rescue 10 Abducted NECO Candidates

Troops of Operation Hadin Kai have rescued 10 abducted NECO candidates and teachers following an ISWAP attack in Borno.

Pastor Adeboye Tinubu Pastor Adeboye Tinubu
News2 hours ago

‘You Don’t Expect Tinubu to Wear Khaki and Fight Terrorists’ – Pastor Adeboye Speaks on Worsening Insecurity in Nigeria

Pastor Enoch Adeboye has defended President Bola Tinubu over Nigeria's worsening insecurity, saying the commander-in-chief cannot be expected to 'wear...

Mobilization Mobilization
Education2 hours ago

BREAKING: FG Restructures NYSC, Replaces Military Leadership, Redesigns Corps Uniform

The Federal Government has approved the first major reform of the NYSC in 53 years, replacing military leadership with a...

toks e1739641246308 toks e1739641246308
News6 hours ago

BREAKING: Lagos Orders Demolition of Building Blocking Drains in Agungi, Ajiran, Ikota

The Lagos State Government has ordered the demolition of illegal structures blocking drainage channels in Agungi, Ajiran and Ikota.

enzooo enzooo
Sports6 hours ago

Chelsea Releases Club Statement, Accuses Enzo Maresca of Having ‘His Heart Elsewhere’ Before Shock Exit

Chelsea have accused former manager Enzo Maresca of focusing on the Manchester City job before abruptly resigning in December...

image 2 image 2
Entertainment6 hours ago

‘Bought This For ₦290 Million.’ – Nigerian Man Shows Off An Expensive Bottle Of Whiskey (Video)

A Nigerian man has stirred reactions online after sharing a video of what appears to be an ultra-luxury bottle of...

Advertisement