• News - South South - Edo
  • Updated: January 04, 2024

N25,000 cash transfer: Second batch set to benefit over 100,000 Nigerians

N25,000 cash transfer: Second batch set to benefit over 100,

The second round of President Bola Tinubu's 'Renewed Hope Cash Transfer' would benefit 102,650 people in 1,969 communities across 18 local government areas of Edo state.

Yuwa Aladeselu, the General Manager of Edo State's Social Investment Programme, stated this at a one-day refresher training for local government cash transfer facilitators in Benin City on Wednesday, January 3.

According to Aladeselu, the Federal Government's Renewed Hope Cash Transfer is part of the National Social Safety Nets Project Scale-Up.

The Edo State SIP chief stated that the state governor, Godwin Obaseki, was interested in any action that would support or offer succour for the poor and vulnerable, adding that the state has a social register of more than 1.6 million people.

She went on to say that around 314,000 homes, including people with disabilities, were included in the registry.

Flora Bossey, Head of the Edo State Cash Transfer Unit, stated in her remarks that over 12,108 beneficiaries were enrolled and paid during the first phase of the program's implementation in the state in 2022.

Bossey stated that 40,647 beneficiaries were paid N25,000 across the state's 18 local government districts, including those with bank accounts, and were chosen from both the National Social Register and the Rapid Response Register.

She stated that the cash distribution was to the Federal Government's objective of providing 15 million poor and vulnerable Nigerians under the Expanded National Social Safety Nets Programme Scale-Up.

She went on to say that the expansion was intended to help new recipients of economic shock response cash transfers in metropolitan areas.

Bossey further stated that the programme comprises the Extended Regular Cash Transfer in rural areas around the country, as well as transfers to existing beneficiaries who have yet to complete 12 cycles of payment to mitigate the impact of the gasoline subsidy removal.

Mohammed Adams, the National Cash Transfer Office's Enrolment Officer/Beneficiaries Management Officer, stated that the training was designed to ensure that facilitators find the biodata of a total of 101,404 people who do not have valid bank accounts and enrol them in the renewed hope cash transfer.

“All beneficiaries will receive their funds directly through interoperable transactional accounts/wallets thus leading to significant financial inclusion of the beneficiaries.

“We all know that times are hard; this intervention is to deliver support to those who need it most,” he said.

He, however, enjoined the facilitators to do their best to find the beneficiaries and capture them for the programme, noting that no one should be left behind. 

Related Topics

Join our Telegram platform to get news update Join Now

0 Comment(s)

See this post in...


We have selected third parties to use cookies for technical purposes as specified in the Cookie Policy. Use the “Accept All” button to consent or “Customize” button to set your cookie tracking settings