9.2 million Nigerians benefit as FG disburses N688bn

Naira notes

No fewer than 9.2 million Nigerians have benefited from the Federal Government’s Household Prosperity and Empowerment Cash Transfer Programme, with approximately N688bn disbursed within two years.

The Minister of Humanitarian Affairs and Poverty Reduction, Dr Bernard Doro, disclosed this on Monday at the HOPE-CT implementation update and press conference in Abuja.

The cash transfer scheme, anchored on the National Social Register, is one of the Federal Government’s key social protection interventions aimed at cushioning the effects of recent economic reforms on vulnerable households.

The programme is being implemented in collaboration with the National Identity Management Commission, the National Social Safety Nets Coordinating Office, the National Cash Transfer Office, and the National Social Investment Programme Agency. Punch