The Federal Government has said that two million people will start receiving about ₦20bn from June this year as basic cash transfers and conditional cash transfers under the National Cash Transfer Programme.
It was disclosed that the Government is to pay the two million people ₦5,000 each under the basic cash transfer and an additional ₦5,000 under the conditional cash transfer, amounting to a total of ₦20bn to be spent on the beneficiaries.
A March 2022 document on the strategic roadmap and activities of the Federal Ministry of Humanitarian Affairs, Disaster Management and Social Development, made available to newsmen, showed that the number of people receiving cash transfers from the government had been increasing.
The report stated that in 2018, a total of 19 states were covered under the National Cash Transfer Programme, as this increased to 24 states in 2019 and moved up to 36 states and the Federal Capital Territory in 2022, covering 1.6 million people.
The Minister of Humanitarian Affairs, Disaster Management and Social Development, Sadiya Farouq, has however stated that the number would increase further in June.
The cash transfer scheme is one of the ways through which the Federal Government supports poor and vulnerable households with cash on a monthly basis.