FG announces date for fresh cash transfer to Nigerians, as scheme gulps N419bn

The federal government said it plans fresh cash transfers to 2.2 million households in the country as the scheme gulped N419 billion.

The Minister of State for Humanitarian Affairs and Poverty Reduction, Tanko Sununu, disclosed this during an interview with Channels Television on Monday.

According to him, the cash transfer is expected to kick off before the end of August 2025.

He said the government had already distributed 71 percent to the country’s northern part and 21 percent to the southern part of the country under its rapid conditional cash transfer to vulnerable people.

“In the next few days to come, before the end of August, we are going to reach out to 2.2 million households.

“The process is such that the National Social Safety-Net Coordinating Office (NASSCO) will now harvest vulnerable Nigerians based on their lowest cadre in the national social register,” the minister said.

“For those Nigerians, it is a rapid conditional cash transfer. So far, we have disbursed N419 billion to five million Nigerians.

“We have distributed 71 percent in the northern part and 21 percent in the southern part of the country,” the minister said.

FG announces date for fresh cash transfer to Nigerians, as scheme gulps N419bn