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

President Tinubu To Temporarily Halt Import Duties On Food, Drugs President Tinubu To Temporarily Halt Import Duties On Food, Drugs
News8 hours ago

FG Releases Statement on U.S. Military Airstrikes on Terrorist Groups in Nigeria

The Federal Government has confirmed continued security and intelligence cooperation with the United States following precision airstrikes on terrorist targets...

Screenshot 1171 Screenshot 1171
News9 hours ago

‘Merry Christmas to All’: U.S. Department of War Releases Footage of Strikes Against ISIS in Nigeria – Watch

The U.S. Department of War has released video footage of military strikes against ISIS in northeast Nigeria, highlighting American operations...

Screenshot 1170 Screenshot 1170
News9 hours ago

BREAKING: U.S. Launches ‘Powerful and Deadly’ Airstrikes in Northwest Nigeria

The United States has launched “powerful and deadly” airstrikes on Islamic State targets in northwest Nigeria, acting at the request...

IMG 6842 IMG 6842
News2 days ago

FG Partners Social Media Giants, Orders Takedown of Terrorist Accounts

The Federal Government says it is working closely with major social media platforms to identify and shut down accounts used...

firs firs
News3 days ago

NIN Now Serves as Tax ID for Nigerians Under New Tax System — FIRS

The Federal Inland Revenue Service has clarified that Nigerians no longer need a separate Tax Identification Number, as the National...

ekong ekong
Sports3 days ago

Troost-Ekong Receives National Honour Certificate from President Tinubu

Retired Super Eagles captain William Troost-Ekong has received his Member of the Order of the Federal Republic certificate from President...

defection defection
Politics3 days ago

BREAKING: Six Rivers Reps Dump PDP for APC

Six members of the House of Representatives from Rivers State have defected from the PDP to the APC...

Super Eagles 1 Super Eagles 1
Sports3 days ago

Preview: Super Eagles Begin AFCON Quest Against Tanzania in Group C Opener

Nigeria’s Super Eagles kick off their Africa Cup of Nations campaign on Tuesday against Tanzania in Morocco, targeting a fourth...

tax laws tax laws
News3 days ago

NBA Demands for Suspension of Tax Reform Acts Over Alleged Alterations

The Nigerian Bar Association has urged the Federal Government to suspend implementation of the new Tax Reform Acts...

G811CEsXAAAxIJz G811CEsXAAAxIJz
News3 days ago

Dangote Refinery Releases Hotline to Report MRS Stations Selling Fuel Above N739

Dangote Petroleum Refinery has unveiled a toll-free hotline for Nigerians to report MRS filling stations selling petrol above the approved...

Advertisement