Close Menu
  • Home
  • Politics
  • Entertainment
  • News
  • Interviews
  • Events
  • Fashion
  • Article
  • Lifestyle
  • Movies & TV
  • Music
What's Hot

“31 years in Nollywood, I never slept with any producer or director” – Veteran Actress Thelma Chukwunwem

FG to sell 753 duplexes seized from Emefiele to Nigerians

Lagos government says viral tenancy law amendment is fabricated

Facebook X (Twitter) Instagram
  • Home
  • Politics
  • Entertainment
  • News
  • Interviews
  • Events
  • Fashion
  • Article
  • Lifestyle
  • Movies & TV
  • Music
Facebook X (Twitter) Instagram Pinterest
DAILY BLAST
Contact
HOT TOPICS
  • Home
  • Politics
  • Entertainment
  • News
  • Interviews
  • Events
  • Fashion
  • Article
  • Lifestyle
  • Movies & TV
  • Music
DAILY BLAST
You are at:Home»Breaking News»1.9 million Nigerians receive N5,000 monthly cash – FG
Breaking News

1.9 million Nigerians receive N5,000 monthly cash – FG

DailyblastBy DailyblastMarch 3, 2023003 Mins Read
Share WhatsApp Facebook Twitter Pinterest LinkedIn Tumblr Email Telegram Copy Link
Share
Facebook Twitter LinkedIn Pinterest Email WhatsApp Copy Link

The Federal Government declared on Thursday that 1,940,004 vulnerable Nigerians are currently receiving N5,000 cash gift each every month.

The Minister of Humanitarian Affairs, Disaster Management and Social Development, Hajia Sadiya Farouq, stated this at a One-Day Stakeholders’ Retreat On National Social Investment (Establishment) Bill organised by the Senate Committee On Social Duties.

Related posts:

  1. 25 million Nigerians received ₦25,000 conditional cash transfer – FG
  2. Tompolo set to receive over N4bn monthly from FG to curb oil theft
  3. Nigerians above 18 years to receive N1 million each from Archbishop Samzuga
  4. FBI: Chimaroke Nnamani stole $41.8 million from Enugu, paid millions of dollars in cash for Florida properties

Farouq was represented on the occasion by the Permanent Secretary of the Ministry, Dr Nasir Gwarzo.

The minister explained that the objective of the National Social Investment Programme Establishment Bill was to provide a statutory and institutional framework for the implementation of the National Social Investment Programme.

She noted that the  NSIP was created in 2016 by the President, Major General Muhammadu Buhari (retd.), to address social and economic inequalities and alleviate poverty among Nigerians

According to her, four social support programmes are meant to empower the poorest and most vulnerable Nigerians to enable them to attain an acceptable standard of living.

She said, “Since the inception of the NSIP in 2015, one million youths have been empowered through the N-Power Programme and additional 500,000 others are currently undergoing various forms of training under the programme as approved by the President.

“The cash transfer has enrolled 1,975,381 poor and vulnerable households from the National Social Register into a National Beneficiary Register.  The NBR alone has 9, 841, 700 household individuals in the 36 states of the federation.

“The Cash Transfer supports the poor and vulnerable to improve consumption and develop savings skills to reduce the poverty line and build their resilience to withstand shocks.

“A total of 1, 940, 004 beneficiaries are currently receiving cash transfers each month.  Public Primary Schools across the country have witnessed an unprecedented number of new enrollment as a result of the National Home Grown School Feeding Programme.

The programme is currently feeding 10 million pupils in over 66, 000 public schools across Nigeria. The programme is gradually reducing cases of out-of-school children nationwide.”

Furthermore, the minister said  2, 653, 333 beneficiaries had accessed the GEEP loans under three categories including Trader Moni, Market Moni and Farmer Moni.

“A total of 1, 142, 783 individuals across the country have registered to benefit from the second round of GEEP under the three loan programmes,” she added.

The Chairman of the Senate panel, Senator Yusuf Yusuf, explained that the retreat was aimed at bringing together, critical stakeholders from the executive arm of government to be at par with the legislature on the proposed legislation.

Yusuf said, “Information is a very important tool for legislation. Since the government policies emanate from legislation, we invited critical stakeholders from the ministry and other agencies so that they can furnish the committee with vital information that would enable them to come up with robust legislation for the NSIP establishment,” he said.

The PUNCH

Post Views: 183
Share. Facebook Twitter Pinterest LinkedIn Tumblr Email Telegram WhatsApp Copy Link
Previous ArticleOhaneze Ndigbo rejects result of presidential election, says it will be challenged in court
Next Article Supreme Court orders old N200, N500, N1,000 notes remains in circulation till Dec 31
Dailyblast

Related Posts

FG to sell 753 duplexes seized from Emefiele to Nigerians

May 25, 2025

Lagos government says viral tenancy law amendment is fabricated

May 25, 2025

NNPCL shuts down Port Harcourt refinery

May 25, 2025
Add A Comment

Comments are closed.

Recent Posts
  • “31 years in Nollywood, I never slept with any producer or director” – Veteran Actress Thelma Chukwunwem May 25, 2025
  • FG to sell 753 duplexes seized from Emefiele to Nigerians May 25, 2025
  • Lagos government says viral tenancy law amendment is fabricated May 25, 2025
  • NNPCL shuts down Port Harcourt refinery May 25, 2025
  • Police extradite Nigerian fugitive from UAE Over $307,500 fraud May 25, 2025
Top Posts

(Video) female prison officer filmed having sex with inmate in London prison

June 29, 20241,188 Views

UNN suspends lecturer for allegedly impregnating four students

February 17, 20253,073 Views

(Photos) Blood bath in Ihiala as gunmen kill billionaire businessman, seven others while preparing for mother’s burial

January 2, 2025597 Views
Latest Reviews
Most Popular

(Video) female prison officer filmed having sex with inmate in London prison

June 29, 20241,188 Views

UNN suspends lecturer for allegedly impregnating four students

February 17, 20253,073 Views

(Photos) Blood bath in Ihiala as gunmen kill billionaire businessman, seven others while preparing for mother’s burial

January 2, 2025597 Views
Our Picks

“31 years in Nollywood, I never slept with any producer or director” – Veteran Actress Thelma Chukwunwem

FG to sell 753 duplexes seized from Emefiele to Nigerians

Lagos government says viral tenancy law amendment is fabricated

© 2025
  • Privacy Policy
  • Contact

Type above and press Enter to search. Press Esc to cancel.