Just another News Updates
Kaduna State Governor, Uba Sani, on Friday launched the Women Economic Empowerment Policy during the ongoing Women Economic Empowerment Summit, revealing that 65,848 women have benefited from the Conditional Cash Transfer Scheme under his administration. Speaking at the event held at the Umaru Musa Yar’adua Hall, Murtala Mohammed Square, Kaduna, Governor Sani highlighted that his […]
The Federal Government announced on Thursday that 25 million Nigerians have benefitted from its ₦25,000 conditional cash transfer program. Wale Edun, the Minister of Finance and Coordinating Minister of the Economy, made this disclosure following a National Economic Council (NEC) meeting chaired by Vice President Kashim Shettima. Edun detailed steps taken by President Bola Tinubu’s […]
The U.S. Agency for International Development (USAID), through its Integrated Child Health and Social Services Award (ICHSSA-4) project, has unveiled a transformative initiative in Bauchi State aimed at providing financial support and health insurance to vulnerable households. The program, launched in collaboration with the Bauchi State Contributory Health Management Agency and the Ministry of Women […]
The Federal Government of Nigeria generated ₦103.7bn in revenue from the Electronic Money Transfer Levies (EMTL) during the first half of 2024, reflecting a 7.55% increase compared to the ₦96.44bn collected in the same period in 2023. This data, published by the Central Bank of Nigeria (CBN), underscores the growing adoption of digital payment platforms […]
The Federal Government of Nigeria has released ₦24.78 billion under the National Cash Transfer Programme, benefiting 991,261 poor households as part of its ongoing efforts to alleviate poverty nationwide. According to a statement from the National Social Investment Programme Agency (NSIPA), the initiative spans across all 36 states and the Federal Capital Territory (FCT). The […]
In it’s move to alleviate economic hardship, the Federal Government of Nigeria has provided direct cash transfers to over 4.3 million citizens, according to the Minister of Finance and Coordinating Minister of the Economy, Mr. Wale Edun. Speaking yesterday on a national television business program, Edun revealed that the initiative, which targets vulnerable Nigerians, is […]
The Federal Government has resumed its direct cash transfer scheme, benefiting 600,000 households so far, according to a statement by the Director of Information and Public Relations at the Ministry of Finance, Mohammed Manga. Finance Minister and Coordinator of the Economy, Wale Edun, announced this during the half-year review Ministerial Press Briefing held on Thursday […]
No fewer than 81,000 residents of Ondo State are set to benefit from the Federal Government’s Cash Transfer programme. Mrs. Tosin Olupona, Manager of Ondo Cash Transfer in the Office of Public and Intergovernmental Relations, announced this on Wednesday in Akure during a training programme for local government cash facilitators. The training was organized in […]
The International Monetary Fund (IMF) has urged the Nigerian government to increase its cash transfers to aid impoverished citizens in coping with the current cost of living crisis. Axel Schimmelpfennig, IMF’s Assistant Director for the African Department and Mission Chief to Nigeria, emphasized this during the briefing on Nigeria’s Article IV Consultation held on Thursday. […]
The World Bank’s assessment of the Federal Government’s conditional cash transfer scheme indicates minimal impact on household consumption, financial inclusion, and employment of beneficiaries. The scheme also showed little effect on women’s employment, despite substantial funding from the global lender as a loan. These findings were revealed in a recent research document posted on the […]