Conditional Cash Transfer: FG has paid N25,000 each to 3.5m Nigerians – Minister

According to Betta Edu, Minister of Humanitarian Affairs and Poverty Alleviation, the Federal Government has given N25,000 to each of 3.5 million Nigerians under the conditional cash transfer system.

She stated this on Thursday, two months after President Bola Tinubu’s administration announced the initiative, which targeted 15 million people as part of efforts to mitigate the impact of the loss of gasoline subsidies.

“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.”