Beneficiaries Of FG’s N25,000 Conditional Cash Transfer Hit 3.5m – Edu

Two months after President Bola Ahmed Tinubu launched the conditional cash transfer scheme, minister of Humanitarian Affairs and Poverty Alleviation Betta Edu has disclosed that 3.5m Nigerians have benefitted. This means 11.5 Households are yet to benefit.

She said this on Thursday, two months after President Bola Tinubu’s administration launched the scheme targeting 15m households as part of moves to cushion the impact of the fuel subsidy removal.

“We have so far paid 3.5 million Nigerians N25,000 each. Of course, we are out on the field and covering another 4.5 million in the next one week so we will have altogether close to about 8 million people between now and the end of the year,” he said on Channels Television’s Politics Today.

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According to her, the ministry verified the first tranche of the beneficiary and is still in the same process as the scheme continues. She said the list is being expanded to accommodate more people like retirees.

“A total of 480 persons are on that list. They are presently undergoing their in-person verification because if we cannot verify who you are and where you are and that you are below the poverty line, you are not qualified to be on that social register,” the minister said.