Nigerian government marked this year’s International Day for the Eradication of Poverty by flagging off a cash transfer programme targeted at 62 million Nigerians.
In his speech, President Bola Tinubu, represented by the Secretary to the Government of the Federation, George Akume, said the programme is aimed at providing relief to Nigerians to cushion the impact of the removal of the petrol subsidy and other economic shocks.
“Our objective is to lift millions of Nigerians out of poverty,” the President said.
The Minister of Humanitarian Affairs and Poverty Eradication, Betta Edu said that the programme entails the disbursement of N25,000 between October and December to 15 million poor households, which translates to 62 million Nigerians.
Edu said the first phase of the payments had already begun, adding that verification started three weeks ago.
She said the names of beneficiaries were obtained from the national social register.
“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,” the Minister said.
She said beneficiaries will include “vulnerable pensioners, veterans and wives of fallen heroes.”.
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