Over 1.6 Million Poor Households in Nigeria Benefit from Buhari’s Conditional Cash Transfer Program, Says Government
The regime of the President, Major General Muhammadu Buhari(retd), on Monday claimed that a total of 1.6 million poor households benefited from a bimonthly payment of N10,000 each as part of the regime’s plan to mitigate suffering among the citizens.
The Minister of Labour, Employment and Productivity, Dr Chris Ngige, made this known during the 2023 international Workers’ Day celebrations at the Eagle Square in Abuja on Monday.
He said, “In 2016, President Muhammadu Buhari launched the National Social Investment Programme, currently the largest of such programmes in Africa and one of the largest in the world. The National Social Register of Poor and Vulnerable Nigerians now has 32.6 million persons from more than seven million poor and vulnerable households, identified across 708 local government areas, 8,723 wards and 86,610 communities across the 36 states of the country and the FCT.
“From this number, 1.6 million poor and vulnerable households, comprising more than eight million individuals in 45,744 communities from 5,483 wards of 557 LGs in 35 states and the FCT, are currently benefiting from the Conditional Cash Transfer programme, which pays a bimonthly stipend of N10,000 per household.”
Speaking further, Ngige also noted the regime’s efforts towards the improvement of living conditions of Nigerians.
“Not forgetting the Housing Sector, The Family Homes Fund Limited incorporated by the Federal Government of Nigeria in September 2016, is the implementing agency for the Buhari regime National Social Housing scheme.
“More than 2,000 hectares of land with titled documents have been given by 24 states under the Buhari regime Social Housing Programme, which can accommodate about 65,000 new homes.
Under the National Social Housing programme, Nigerians will be given at least 15 years with a monthly payment at a six per cent interest rate to pay for each housing unit. The Central Bank of Nigeria provides an N200bn financing facility, guaranteed by the FG. States like Enugu,Nassarawa Delta, Kano have benefitted their workers from the scheme.”
ChatGPT
The Nigerian government, under the leadership of President Muhammadu Buhari, has claimed that over 1.6 million poor households in Nigeria have received a bimonthly payment of N10,000 each as part of the government’s efforts to alleviate poverty among its citizens. The Minister of Labour, Employment and Productivity, Dr Chris Ngige, announced this during the 2023 international Workers’ Day celebrations at the Eagle Square in Abuja on Monday.
According to Ngige, President Buhari launched the National Social Investment Programme in 2016, which is currently the largest of such programs in Africa and one of the largest in the world. The National Social Register of Poor and Vulnerable Nigerians has identified over 32.6 million people from more than seven million poor and vulnerable households across 708 local government areas, 8,723 wards, and 86,610 communities in the country’s 36 states and the Federal Capital Territory (FCT).
Ngige further stated that 1.6 million poor and vulnerable households, comprising more than eight million individuals in 45,744 communities from 5,483 wards of 557 local governments in 35 states and the FCT, are currently benefiting from the Conditional Cash Transfer program. This program provides a bimonthly stipend of N10,000 per household to help mitigate poverty among the citizens.
Apart from this, the Nigerian government has also launched efforts to improve the living conditions of Nigerians through its National Social Housing scheme. The Family Homes Fund Limited, which was incorporated by the federal government in September 2016, is the implementing agency for the scheme. Over 2,000 hectares of land with titled documents have been provided by 24 states under the program, which can accommodate about 65,000 new homes.
Under the National Social Housing program, Nigerians will be given at least 15 years with a monthly payment at a six percent interest rate to pay for each housing unit. The Central Bank of Nigeria has provided an N200bn financing facility, which is guaranteed by the federal government. States such as Enugu, Nassarawa, Delta, and Kano have already benefitted their workers from the scheme.
https://punchng.com/1.6-million-poor-households-paid-N10000-stipend-bimonthly-FG
