Federal Government says five-thousand-naira monthly national cash transfer to poor households will help in reducing poverty.

Written by on February 18, 2022

The Federal Government says five-thousand-naira monthly national cash transfer to poor households will help in reducing poverty.

The Minister of Humanitarian Affairs, Disaster Management and Social Development, Sadiya Umar Farouq, disclosed this on Thursday, during a briefing with State House reporters.

Mrs. Farouq was reacting to the importance of the initiative to the Federal Government’s plan to take 100 million Nigerians out of extreme poverty.

Also speaking on the exit programme for N-Power Programme, the minister said that the government has a plan of putting about 300,000 applicants on a training programme, while the Central Bank of Nigeria (CBN) will provide the loans.

Kevin Madu


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