…from the rising cost of living, urging the federal government to introduce targeted cash transfers and temporary income support for vulnerable households.The Fund said the measures would help reduce poverty and improve food security as rising food and energy prices continue to put pressure on household budgets.Chief of…

…levies and road-use charges that increase transport costs. It also plans to expand cash transfers for vulnerable households and direct credit support for small businesses. The rollout of compressed natural gas for transport operators would be accelerated, with operators expected to pass savings on to commuters.The mini…

…5. More direct support for vulnerable Nigerians The government said it would increase cash transfers to vulnerable households as part of efforts to cushion the effect of higher fuel prices. It will also provide subsidised credit to small businesses and consumers. 6. Faster rollout of CNG vehicles The government said it…

…equipping thousands of primary healthcare centres and expanding safety nets to provide cash transfers and essential services to vulnerable families. On security, he saluted the armed forces and said the government is improving equipment, intelligence and coordination, with a new National Threat Assessment and a five-ye…

…systems.” The proposed programme would finance targeted unconditional and conditional cash transfers, modernise the social registry, integrate the National Identification Number into the social protection information system and strengthen implementation at federal, state and local government levels. The lender said Nig…

…has been described as a commendable step towards supporting vulnerable Nigerians, but cash transfers alone cannot generate sustainable income or permanently lift households out of poverty, a leading poverty eradication expert has cautioned. Professor Magnus Kpakol, former National Coordinator of […] The post FG’s $1bn…

…of the National Poverty Eradication Programme, Professor Magnus Kpakol, has warned that cash transfers alone cannot lift Nigerians out of poverty, urging the Federal Government to focus more on building productive capacity and creating sustainable incomes. Kpakol, who spoke during an interview with ARISE NEWS on Friday…

…ADC, and former Vice President, has raised concerns over the controversial N600 billion cash transfers to millions of households in Nigeria by President Bola Ahmed Tinubu’s administration. Atiku, in a statement by his media team on Thursday, questioned the whereabouts of the said beneficiaries. Recall that on July 16 a…

…Bola Tinubu administration’s claim that more than N600 billion has been disbursed in cash transfers to vulnerable households, saying the figures do not reconcile with the government’s own stated payment structure. Atiku, in a statement issued by his Senior Special Assistant on Public Communication, Phrank Shaibu, on Th…

…community-based protection, radio and television lessons, digital learning, conditional cash transfers and school feeding for displaced families. He also called for greater involvement of traditional and religious leaders in protecting schools and encouraging children to return to education. Psychological and social to…

…business expenses.Small business owners in Nigeria get a lifeline as FG begins N50,000 cash transfers. >For millions of Nigerians running small enterprises, initiatives like the Presidential Conditional Grant Scheme represent an opportunity to strengthen their businesses without taking on debt.Eligible entrepreneurs ar…

…improved coordination between federal and state governments, and closer integration of cash transfers with investments in nutrition, education, healthcare, and sanitation. It added that the interventions are expected to expand social protection coverage to about 41 million beneficiaries. The diagnostic further observed…

…administration did roll out palliatives to soften the blow. These included conditional cash transfers, compressed-natural-gas buses, grains and fertiliser interventions, food-distribution efforts, student-loan promises, MSME support schemes, business loans and other social-intervention packages. Yet for most citizens,…