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    Home - FG Approves N4bn Conditional Cash Transfer For Vulnerable Households

    FG Approves N4bn Conditional Cash Transfer For Vulnerable Households

    By Amina IbrahimJanuary 23, 2025
    Conditional Cash

    THE Federal Government has approved N4bn for conditional cash transfers to vulnerable households in Nigeria.

    BORNO PATRIOTS

    During the launch of the 2025 Nigeria Humanitarian Needs and Response Plan at the United Nations House in Abuja on Thursday, the Minister of Humanitarian Affairs and Poverty Reduction, Professor Nentawe Yilwada, announced the interventions aimed at addressing the country’s deepening humanitarian crisis.

    This initiative is expected to support at least 10 million displaced households, primarily targeting the most vulnerable members of society.

    Silk

    The cash transfer programme is set to commence in February and continue through April, focusing on alleviating the immediate needs of families affected by displacement, particularly in the Northeast.

    Additionally, the government has approved N2bn in interest-free loans for farmers, specifically those in rural communities, to boost food production and self-sufficiency.

    Professor Yilwada stated: “We are prioritising women, especially widows, pregnant women, and those with disabilities. The experiences of displaced women, particularly those facing pregnancy or disability, are especially challenging. We understand these vulnerabilities and will continue to support those who are most in need.

    “The President has approved the Ministry’s plan to begin paying conditional cash transfers to 10 million displaced households between February and April. This initiative aims to support those most in need, particularly vulnerable families affected by displacement.”

    He added: “Additionally, the government has allocated N2bn to provide interest-free loans to farmers in rural communities. These loans will range from N300,000 to N400,000 per household, helping farmers access necessary resources and linking them to market opportunities.

    “Furthermore, a N4bn provision has been approved to support vulnerable groups through cash transfers, targeting families affected by natural disasters and other crises. These interventions are part of the government’s broader strategy to alleviate poverty and provide relief to those in urgent need.”

    Nigerian TAX Reform - Federal Goverment

    The Minister further emphasised the government’s commitment to addressing the needs of internally displaced persons, returnees, and affected communities across Nigeria.

    The HNRP, Yilwada noted, was developed through extensive consultations and is designed to address the humanitarian challenges in Borno, Adamawa, Yobe, and other conflict-affected regions.

    “We are combining the efforts of humanitarian, developmental, and peacebuilding platforms to ensure long-term resilience and sustainable solutions for these communities,” he added.

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