2million Nigerians to start receiving N10,000 each monthly from June

2million Nigerians to start receiving N10,000 each monthly from June
2million Nigerians to start receiving N10,000 each monthly from June

The federal government has stated that two million people will receive almost N20 billion in basic and conditional cash transfers under the National Cash Transfer Program starting in June this year.

The Federal Government would pay each of the 2 million persons N5,000 as a basic cash transfer and another N5,000 as a conditional cash payment.

The number of people receiving cash transfers from the government has been increasing, according to a March 2022 document obtained by Punch on the strategic roadmap and actions of the Federal Ministry of Humanitarian Affairs, Disaster Management, and Social Development.

Sadiya Farouq, Minister of Humanitarian Affairs, Disaster Management, and Social Development, said in the paper that the number would rise even more in June.

Farouq stated, “

“By June 2022 we would be paying two million people N5,000 basic cash transfer and an additional N5,000 on conditional cash transfers, which is conditioned on good health-seeking/behaviour, school retention, and good water and hygiene conditions in their environment/homes” 

She also revealed that her ministry created and tested the Rapid Response Register, a shock-responsive social register aimed at capturing urban poor informal workers who were daily wage earners working across towns and cities who were hit by the COVID-19 shutdown.

Farouq continued,

“To date, of this one million targeted by the government, we have been able to pay the sum of N5000 to 850,000 beneficiaries digitally through the Nigeria Inter-bank Settlement System, where each account is carefully validated by the system before payment.

“150,000 will be paid by the end of April 2022. Each of these beneficiaries is receiving six months of support in cash.”

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