✓ Federal Government announces plans to restart direct cash transfers to the poorest and most vulnerable citizens.
✓ Minister of Finance, Wale Edun, reveals the decision at a ministry retreat in Uyo, Akwa Ibom State.
✓ The presidential panel on social investment programs is preparing recommendations for President Buhari to approve the resumption.
✓ Approximately 3 million beneficiaries have received payments, but there is potential to reach another 12 million households.
✓ Technological solutions are being employed to ensure seamless and immediate implementation of direct payments.
✓ The primary focus is to alleviate economic hardships by putting food into the market and reducing the cost of living.
VIA INDEPENDENT
The Federal Government has disclosed plans to resume direct cash transfers to the poorest and most vulnerable Nigerians.
Minister of Finance and Coordinating Minister for the Economy, Wale Edun, disclosed this on Wednesday, at the ministry’s retreat held in Uyo, Akwa Ibom State.
According to the finance minister, “The presidential panel on the social investment programmes have prepared to go to Mr. President with an internal recommendation to restart the direct payments to the poorest and the most vulnerable.
