Tinubu Begins Payment Of N25,000 Monthly Grant ‘Cash Transfer’ To Pensioners

President Bola Tinubu has approved the payment of N25,000 monthly grants to vulnerable pensioners captured in the expanded National Social Register of the Conditional Cash Transfer scheme.

VerseNews reports that the Minister of Humanitarian Affairs and Poverty Alleviation, Betta Edu, announced that he directed the Federal Ministry of Humanitarian Affairs and Poverty Alleviation to commence the payment of the grants to beneficiaries from next month.

According to a statement issued by her Special Adviser on Media and Publicity, Rasheed Zubair, the minister disclosed this when she met with the leadership of the Nigerian Labour Congress, led by its President, Joe Ajaero, at Labour House, Abuja.

She said, “The President mentioned very clearly that vulnerable pensioners should be immediately captured in the National Social Register and benefit from the Conditional Cash Transfer, as part of the national social safety net expansion.

“This was made clear in his speech on Independence Day where he committed N25,000 for 15 million household for three months”