The federal government says two million Nigerians will start receiving about N20 billion monthly starting from June this year under the National Cash Transfer Programme (NCTP).
This was contained in a March 2022 document on the strategic roadmap and activities of the Federal Ministry of Humanitarian Affairs, Disaster Management and Social Development, obtained on Sunday.
The document revealed that the Federal Government would pay the two million people N5,000 each under the basic cash transfer and an additional N5,000 under the conditional cash transfer.
The Minister of Humanitarian Affairs, Disaster Management and Social Development, Sadiya Farouq, however, said in the document that the number would increase further in June. Under the cash transfer scheme, the Federal Government supports poor and vulnerable households with cash on a monthly basis.
She said, “By June 2022 we would be paying two million people N5,000 basic cash transfer and an additional N5,000 on conditional cash transfers, which is conditioned on good health-seeking/behavior, school retention, and good water and hygiene conditions in their environment/homes.
“To date, of this one million targeted by the government, we have been able to pay the sum of N5000 to 850,000 beneficiaries digitally through the Nigeria Inter-bank Settlement System, where each account is carefully validated by the system before payment.
“150,000 will be paid by the end of April 2022. Each of these beneficiaries is receiving six months of support in cash.”