The Digest:
The Federal Government has announced the disbursement of N419bn to 5.97 million Nigerians through its conditional cash transfer programme. An additional N54bn will be distributed to 2.1 million Nigerians in August. This initiative targets vulnerable citizens and aims for greater transparency.
Key Points:
- The government has distributed N419bn to nearly 6 million Nigerians.
- 71% of beneficiaries are from Northern Nigeria, 29% from the South.
- In August, 2.19 million people will benefit from an additional N54bn payout.
- Each recipient will receive N75,000 in three tranches of N25,000.
- The government is shifting to transparent, public disbursements.
- Data per state will be released, verifiable through the World Bank.
- Past criticisms of the programme centered around poor accountability and corruption.
The government’s push for transparency marks a shift in how conditional cash transfers are handled. As more Nigerians benefit from the programme, officials are seeking to restore trust through detailed, publicly accessible records
Sources: Channels TV, Punch, Daily Post
