The Honourable Minister, Dr Betty Edu While responding to questions from State House Correspondents on the day two of the three day retreat at the State House Conference Center. Abuja .Stated that the ongoing payment of #25,000 to poor households in Nigeria via the conditional cash transfer programme for the next three months amounting to #75,000 was part of it.
The Minister explained that Although the programme is for an immediate cushioning of the economic shock that these households are experiencing as a result of fuel subsidy removal, it will contribute to directly affecting lives of 6.1 Million individuals which is about 15 million households from poverty.
Edu added that the process is being carried out rigorously to ensure that the right people get the money .And it is completely traceable. She said that the government is identifying the beneficiaries, verifying their identities through their NIN and BVN ensuring that they are paid. Many have started receiving funds, and their details traceable. The Ministry will partner with NIMC to facilitate the very poor across the nation get their NIN so they can access funds.
The Minister emphasized that the government does not want to rush into paying people and then realize that they don’t even exist.We will credit the accounts of those with a valid NIN (National Identification Number)and BVN (Bank Verification Number) Hon.Betty Edu, The Minister for Humanitarian Affairs concluded.
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