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Nairametrics
Home Business News

FG says it pays N10 billion to 1 million Nigerians every 2 months

Chike Olisah by Chike Olisah
June 22, 2021
in Business News
Ekiti Knowledge Zone approved as Free Trade Zone by FG

President Muhammadu Buhari 

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The Federal Government has said that it pays the sum of N10 billion to one million beneficiaries every two months from the National Cash Transfer under its National Social Safety Nets Programme (NASSP).

The programme was introduced to help address unemployment, improve the living conditions of extremely poor and vulnerable Nigerians, empower the people economically, encourage school enrolment, equip less educated people to be self-employed, build capacity and so on.

Mr Apera Iorwa, the National Coordinator, National Social Safety Nets Coordinating Office (NASSCO) disclosed this at the NASSP Third-Party Project scorecard dissemination meeting on Monday, in Abuja, according to the News Agency of Nigeria.

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What the National Coordinator of NASSCO is saying

Iorwa said, “From the Federal Government cash transfer programme, each beneficiary got N5,000 monthly but because of logistics, we pay N10,000 every two months and we have paid about one million beneficiaries across the country.’’

He said that they first started with 19 states from 2016 to 2017 and with the World Bank loan, subsequently moved to 24 states by 2018, adding that gradually the program had covered the 36 states and the Federal Capital Territory.

He noted that the distribution depends on how the state governments are able to establish their social register in each of their states.

The NASSCO National Coordinator said, “We do this through the World Bank facility of 500 million dollars for five years. The Abacha repatriated loot of 325 million dollars was given to National Cash Transfer Office (NCTO). We have a total projection of 822 million dollars for over five years.’’

Iorwa disclosed that there are 35.2 million individuals from 8. 2 million households in the social register in 36 states and FCT, with about 49% of them being female and 51%, male.

He said that the cash transfer had also helped to send more children to school, as their parents were able to buy books and school uniforms.

The Executive Director, Centre for Health Education, Economic Rehabilitation and Social Security (CHEERS), an NGO, Mrs Ajia Agagbo, said that the meeting was to give the scorecard of the project for the past year.

Agagbo said that the centre’s objective was to provide independent monitoring information on the different processes being implemented within the safety net programme adding that the Third Party Monitoring (TPM) was one of the basic foundational elements in promoting social investment and accountability within the context of any government or donor-funded programmes.

What you should know

The NASSCO was established in 2016 by the Government of Nigeria in partnership with the World Bank to strengthen social safety nets and social protection system in Nigeria as a core strategy to help end extreme poverty and to promote shared prosperity.

The core mandate of the agency is to lay a strong foundation of rigorous and reliable evidence of poor and vulnerable households in Nigeria, by building a National Social Register (NSR), as well as coordinate, refine and integrate the social safety-net programs into social protection systems while ensuring policy coherence.

The flagship programs that are targeted to help the poor and vulnerable include The National Cash Transfer Office (NCTO), Youth Empowerment and Social Support Operations (YESSO), and the Community and Social Development Project (CSDP).


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Tags: National Social Safety Nets Programme (NASSP)
Chike Olisah

Chike Olisah

Chike was a banker with over 11 years experience in retail and commercial banking, risk management, treasury portfolio management and relationship management. He also acquired some experience in financial management and do have some special interest in investment analysis and personal finance. He had stints with financial institutions like the former Intercontinental Bank and Fidelity Bank.

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Comments 27

  1. Olatubosun Kazeem says:
    June 22, 2021 at 2:17 pm

    Who and who FG give 1Million naira to…every month……LIARS!!!!!!!

    Reply
  2. Aladekomo Bukola says:
    June 22, 2021 at 2:52 pm

    I wish to be among of the benefit sir

    Reply
  3. Anonymous says:
    June 22, 2021 at 2:55 pm

    I wish to be among of the benefit sir

    Reply
  4. manager says:
    June 22, 2021 at 3:19 pm

    Thief…please use the money to give the public steady power supply, good medical centers, good road’s, security and others, why is it that Nigeria lacks everything that makes life good.

    Reply
    • Naja'atu sani naja'atu sani says:
      June 22, 2021 at 6:35 pm

      I wish among of the benefit

      Reply
  5. Uce says:
    June 22, 2021 at 5:12 pm

    I live in maiduguri, I am yet to see any money.

    Reply
  6. Fidelis Osayimwense Obasuyi. says:
    June 22, 2021 at 5:29 pm

    When did so called Nigeria government and the Fulani’s will stop lying to Nigerians.?I kindly invited the members of Google Network to come to Nigeria and interview any of Nigeria Youths,If they are getting any social money from the Nigeria government.?

    Reply
    • Anonymous says:
      June 23, 2021 at 6:46 pm

      Please let us be highly objective when writing to the public and the world in general. I don’t believe such a amount has been paid out. If the Managers of the funds want to be sincere let them publish the names of the beneficiariesin the news papers and electronic media State by state.. and again look at the composition of the leadership,. it’s one sided.

      Reply
  7. Anonymous says:
    June 22, 2021 at 5:32 pm

    The best scam ever is when u feed someone for awhile then I claim I fed you with thousands of dollars… as the benefactor you can scream foul all you like no one will listen so far their are traces that I even fed you at allll.

    Reply
  8. Ojeah Kindness Nkechi says:
    June 22, 2021 at 6:28 pm

    I didn’t receive 1 million naira from Nigeria government’i only received 90thousand from government.when they take of 1m,they lie! Because since last year till now.no body in Delta state have receive 1 million naira.they only paid 30,20 and 10 thousand naira to few people, if only u are lucky enough to receive one or twice. Please am waiting to receive 1 million naira from Nigeria government because it will help me a lot to go far in life

    Reply
  9. Naja Salisu says:
    June 22, 2021 at 6:40 pm

    Najasalisu60@gmail.com

    Reply
  10. Anonymous says:
    June 22, 2021 at 6:50 pm

    Na lies go kill them

    Reply
  11. Ollan says:
    June 22, 2021 at 7:11 pm

    May God Almighty punished Nigeria Government for such Big l

    Reply
  12. Anonymous says:
    June 22, 2021 at 8:15 pm

    Abeg who them give this money make them line up her for confirmation, I’m just hearing it for the first time

    Reply
  13. Usman Yakubu says:
    June 22, 2021 at 8:22 pm

    Well, am not aware of such happened in my dear Country Naija! However, if such really existing in Naija? I’m patriotic Nigerian pls help me send my share through NIN?

    Reply
  14. Ago says:
    June 22, 2021 at 8:23 pm

    5000 naira is helping the men and women to feed their family and send their children to school.. Can you imagine ?

    Reply
  15. Anonymous says:
    June 22, 2021 at 9:27 pm

    LIES EVERYWHERE
    USELESS FELLOWS

    Reply
  16. Adebayo says:
    June 22, 2021 at 9:47 pm

    The said amounts is being shared among public office holders. Enough of deceit. The truth remains, “The person that is deceiving someone knows even if the person that’s being declined is not aware of the deceit.

    Reply
  17. Adebayo says:
    June 22, 2021 at 9:50 pm

    The said amounts is being shared among public office holders. Enough of deceit. The truth remains, “The person that is deceiving someone knows even if the person that’s being deceived is not aware of the deceit.

    Reply
  18. Patrick Nwokoro says:
    June 22, 2021 at 10:27 pm

    Can this government of Buhari stop making a mockery in governance. We are still to recover from lies put across on feeding of school children during lockdown, palliative allowance, taking a loan that my children are going to be burdened with to build a standard gague rail line to another country because the so called presidency have brothers, cousins and niece in that country.
    We are not kindergarten school children so stop telling us lies you cannot defend.

    Reply
  19. Kunlekunle says:
    June 23, 2021 at 12:11 pm

    When did thunder lose its potency? Because this should last lie this person will tell if thunder is active

    Reply
  20. Abdulmaleek Daniya says:
    July 4, 2021 at 7:05 am

    I don’t think there’s anything like that because if it exist add me

    Reply
  21. Jay says:
    July 13, 2021 at 12:40 am

    Chai see lie oooo this government don see us finish

    Reply
  22. Yusuf bello says:
    April 20, 2022 at 11:58 pm

    My isYusuf bello I was need the program

    Reply
    • Chima chiukpai says:
      May 15, 2022 at 11:55 am

      I will add u up sir

      Reply
  23. Chima chiukpai says:
    May 15, 2022 at 11:58 am

    dis my account number 2219080055

    Reply
  24. Mainasara Labo says:
    June 17, 2022 at 11:45 pm

    I am a metalwork craftman in k/kaura katsina

    Reply

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