99.9% Households in Nigeria Yet to Receive FG’s Cash Transfer

The World Bank has reported that approximately 99.9% of targeted poor and vulnerable households are yet to receive the Federal Government’s recently announced N25,000 per month cash handout. <br />Data from the World Bank’s Lead Economist for Nigeria, Alex Sienaert, was presented in Abuja during the Nigeria Development Update, December 2023 edition. <br />The Federal Government intends to provide cash transfers to low-income households, paying N25,000 per month for three months, according to his presentation material. <br />President Bola Tinubu introduced the Conditional Cash Transfer Program on October 17, 2023, with funding support of $800 million from the World Bank.<br /><br />This show is part of the Spreaker Prime Network, if you are interested in advertising on this podcast, contact us at <a href="https://www.spreaker.com/show/4166630/advertisement">https://www.spreaker.com/show/4166630/advertisement</a>