Connect with us

News

FG Has Paid 3.5m Nigerians N25,000 Each In Conditional Cash Transfer, Says Betta Edu

The Federal Government has paid N25,000 each to 3.5 million Nigerians under the conditional cash transfer scheme…

Published

on

WhatsApp Image 2023 12 22 at 5.01.37 PM
Betta Edu, Nigerian Youths

The Federal Government has paid N25,000 each to 3.5 million Nigerians under the conditional cash transfer scheme, minister of Humanitarian Affairs and Poverty Alleviation Betta Edu said.

VerseNews reports that the Minister said this on Thursday, two months after President Bola Tinubu’s administration launched the scheme targeting 15m households as part of moves to cushion the impact of the fuel subsidy removal.

“We have so far paid 3.5 million Nigerians N25,000 each. Of course, we are out on the field and covering another 4.5 million in the next one week so we will have altogether close to about 8 million people between now and the end of the year,” he said on Channels Television’s Politics Today.

According to her, the ministry verified the first trance of the beneficiary and is still in the same process as the scheme continues. She said the list is being expanded to accommodate more people like retirees.

“A total of 480 persons are on that list. They are presently undergoing their in-person verification because if we cannot verify who you are and where you are and that you are below the poverty line, you are not qualified to be on that social register,” the minister said.

Away from the scheme, Edu said the government is paying arrears to N-Power beneficiaries. They were being owed some months’ salaries by the former President Muhammadu Buhari government.

“Presently, a payment for N-Power is ongoing; we were in the office yesterday up until the early hours of this morning, just to ensure that young people get monies which they have been owed from the last government,” she said.

“So, N-Power beneficiaries across the nation, I am sure you can attest to the fact that you are seeing your money in your accounts and this process will continue until the last person who indeed has served is being paid.

“And of course, all of this is being restructured to ensure that we reduce unemployment and create jobs for Nigerians.”

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.

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Your email address will not be published.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

images 29 images 29
Politics20 hours ago

Joe Igbokwe Warns FG Against Releasing Nnamdi Kanu, Says IPOB Leader ‘Does Not Deserve Pardon’

APC chieftain, Joe Igbokwe, has urged the Federal Government not to release IPOB leader, Nnamdi Kanu, insisting he does not...

AFP 20251010 78BX6KE AFP 20251010 78BX6KE
World News20 hours ago

BREAKING: Venezuela’s Opposition Leader Maria Corina Machado Wins 2025 Nobel Peace Prize, Trump Misses Out

Venezuelan opposition leader Maria Corina Machado has won the 2025 Nobel Peace Prize for her fight to restore democracy in...

Tinubu in meeting Tinubu in meeting
Politics21 hours ago

Why I Chose Prof. Joash Amupitan as INEC Chairman – Tinubu

President Bola Tinubu has explained that his choice of Professor Joash Amupitan (SAN) as the new INEC Chairman was based...

asuu fg asuu fg
Education21 hours ago

FG Gives Fresh Update on Ongoing Negotiation with ASUU

The Federal Government says negotiations with ASUU are making steady progress, with a counteroffer expected soon.

Professor Joash Amupitan 932x1024 1 Professor Joash Amupitan 932x1024 1
Politics2 days ago

Meet the New INEC Chairman, Prof. Joash Amupitan: All You Need to Know

President Bola Tinubu has nominated Prof. Joash Ojo Amupitan (SAN), a seasoned law scholar from Kogi State, as the new...

Tinubus Nominee Prof. Joash Amupitan Tinubus Nominee Prof. Joash Amupitan
Politics2 days ago

BREAKING: Council of State Backs Tinubu’s Nominee, Prof. Amupitan, as New INEC Chairman

The Council of State has approved President Tinubu’s nomination of Prof. Joash Amupitan (SAN) as INEC Chairman, pending Senate confirmation.

Emefiele Court Emefiele Court
News3 days ago

Emefiele’s Fraud Trial Stalls as Defence, EFCC Clash Over Forensic Access to iPhone Evidence

The fraud trial of former CBN Governor Godwin Emefiele stalled in Lagos after his lawyers accused the EFCC of blocking...

President Bola Ahmed Tinubu Inaugurates the Presidential Committee on Fiscal Policy and Tax Reforms at the Council Chamber of the Presidential Villa e1695054651687 President Bola Ahmed Tinubu Inaugurates the Presidential Committee on Fiscal Policy and Tax Reforms at the Council Chamber of the Presidential Villa e1695054651687
Politics3 days ago

BREAKING: Tinubu Seeks National Assembly Approval to Borrow Fresh $2.35bn

President Bola Tinubu has asked the National Assembly to approve a fresh $2.35 billion external loan...

Passport Passport
News3 days ago

BREAKING: Senate Approves 10-Year Passport Ban For Nigerians Convicted Abroad

The Senate has advanced a bill seeking to withdraw the passports of Nigerians convicted abroad for 10 years.

kidnap kidnap
News3 days ago

Immigration Officer’s Wife Abducted in Lagos, Kidnappers Demand N7m Ransom

The Nigeria Immigration Service (NIS), Seme Command in Badagry, Lagos State, has confirmed the abduction of Mrs. Ladi Abel, the...

Advertisement