Finance

FG disburses N16.8bn cash grants to vulnerable Nigerians.

Since the CCT program’s launch in 2016, the federal government has given over N16.8 billion in grants and conditional cash transfers to over two million Nigerians.

A total of 2,295,325 persons benefited from the CCT and the grants, according to information from the Federal Ministry of Humanitarian Affairs, Disaster Management, and Social Development’s most recent ministerial performance scorecard, which was released on Tuesday in Abuja.

The report said, in part, that “Conditional Cash Transfer has given 1,940,325 needy individuals throughout the 36 states of the federation and FCT the amount of N5,000 monthly.”

This suggests that N9.7 billion was paid out to CCT recipients by the government.

According to the report, “355,000 vulnerable individuals have received funding for vulnerable groups of N20,000 in 36 states and the FCT,” which suggests that around N7.1bn was distributed in this category.

According to the report, which Sadiya Farouq, the minister of humanitarian affairs, gave in Abuja, the CCT implementation efforts started in 2016 with eight states and three camps for internally displaced people in Borno State.

“Up until 2018, when the use of IDA (International Development Association) money started, the Federal Government supported all components of the CCT.

Beneficiaries were enrolled using paper forms. Commercial banks handled the recipients’ payments, it said.

The minister said that 11 states, including Jigawa, Bauchi, Plateau, Niger, Ekiti, Osun, Oyo, Cross River, Kogi, Anambra, and Kwara, started implementing the co-responsibility component of the plan in 2017.

It is intended to address the recipients’ weaknesses in the development of their human capital, she said.

“The menu of shared responsibility is centered on health, nutrition, education, and environment,” Farouq said. States that are adopting co-responsibility only chose one option from the list.

The co-responsibility component’s goal is to boost children’s enrollment and attendance in school, as well as their use of health services for prenatal and postpartum care, child immunization, improved nutrition, and addressing environmental risks to enhance productive assets.

Related Articles

65 Comments

Leave a Reply

Back to top button
script