Connect with us

Hi, what are you looking for?

News

Tinubu Launches Cash Transfer To 15m Households

President Bola Ahmed Tinubu

President Bola Tinubu has launched the renewed hope conditional cash transfer to 15 million households.

Gatekeepers News reports that Tinubu was represented by the Secretary to the Government of the Federation (SGF), George Akume, at the launch of the conditional transfer held at the State House, Abuja, on Tuesday.

The launch event coincided with World Poverty Eradication Day.

Tinubu said the renewed hope conditional cash transfer programme is an immediate intervention to cushion the effects of the removal of the petrol subsidy and other economic shocks.

The President said the theme of this year’s World Poverty Eradication Day, “Decent Work and Social Protection: Putting dignity in practice for all” is in perfect alignment with the renewed hope agenda.

According to him, his administration would lead from the front in ensuring that all Nigerians have opportunities for dignified work and sustained social protection.

Tinubu said, “It is only via a sustained collaborative approach that we can win this war against poverty in Nigeria and the world at large.

“Hope is here. I ask the Nigerian people to please ensure that they key into all the available programmes because they are here to help.

“Our objective is to lift millions of Nigerians out of poverty. Yet, this will only be possible with the cooperation of the people we seek to help.

“Let us continue to work together to achieve our collective goal of eradicating poverty in Nigeria.”

The Minister of Humanitarian Affairs and Poverty Alleviation, Betta Edu, while speaking at the event, commended Tinubu for providing the opportunity for 15 million households to benefit from the conditional cash transfers.

Edu said the first phase of the payments had already begun, adding that the names of beneficiaries were gotten from the National Social Register.

The Minister said, “Verification has been ongoing in the last three weeks, and Nigerians that are on that register have been verified with their biometrics verification number (BVN), national identification number (NIN), as well as all the forms of in-person verification at the points of their household.

“Remember that it would be an expansion of this register, which would carry the vulnerable pensioners, veterans and wives of fallen heroes, as well as other areas of concern where they were not fully captured, but however, we are starting.

“And what we are starting with are those that have been verified across all the states in Nigeria.”

You May Also Like

Business

Find below, the Dollar to Naira exchange rate for today, 22 May 2024. Gatekeepers News has obtained the official dollar to the naira exchange rate in...

Business

Find below, the Dollar to Naira exchange rate for today, 21 May 2024. Gatekeepers News has obtained the official dollar to the naira exchange rate in...

News

President Bola Tinubu has extended his condolences to the government and people of the Islamic Republic of Iran over the passing of President Ebrahim...

Business

Find below, the Dollar to Naira exchange rate for today, 18 May 2024. Gatekeepers News has obtained the official dollar to the naira exchange rate in...