The Federal Government on Thursday said 25 million Nigerians have so far received the ₦25,000 conditional cash transfer.
The Minister of Finance and Coordinating Minister of the Economy, Wale Edun, disclosed this while briefing State House Correspondents shortly after the National Economic Council meeting chaired by Vice President Kashim Shettima.
He enumerated the steps taken by President Bola Tinubu’s administration to provide relief for Nigerians following the sufferings occasioned by the removal of subsidies and other policy reforms being implemented by the government.
According to him, five million households have benefited from the direct transfer.
He also disclosed that in the last five days, no fewer than 11,000 beneficiaries have received ₦3.5 billion from the consumer credit scheme.
He further said over ₦90 billion has so far been disbursed to half a million Nigerian students under the student loan scheme.
