1.9 million Nigerians receive N5,000 monthly cash – FG

The Federal Government has revealed that 1,940,004 vulnerable Nigerians are currently receiving N5,000 cash gift each every month.

This was disclosed by the Minister of Humanitarian Affairs, Disaster Management and Social Development, Hajia Sadiya Farouq during a One-Day Stakeholders’ Retreat On National Social Investment (Establishment) Bill organised by the Senate Committee On Social Duties.Information Guide Nigeria

The minister who was represented by the Permanent Secretary of the Ministry, Dr Nasir Gwarzo explained that the objective of the National Social Investment Programme Establishment Bill was to provide a statutory and institutional framework for the implementation of the National Social Investment Programme.

She noted that the NSIP which was created in 2016 by the President, Major General Muhammadu Buhari (retd.), is meant to empower the poorest and most vulnerable Nigerians to enable them to attain an acceptable standard of living.

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PUNCH reports that she said, “Since the inception of the NSIP in 2015, one million youths have been empowered through the N-Power Programme and additional 500,000 others are currently undergoing various forms of training under the programme as approved by the President.NYSC Portal

“The cash transfer has enrolled 1,975,381 poor and vulnerable households from the National Social Register into a National Beneficiary Register. The NBR alone has 9, 841, 700 household individuals in the 36 states of the federation.

“The Cash Transfer supports the poor and vulnerable to improve consumption and develop savings skills to reduce the poverty line and build their resilience to withstand shocks.

“A total of 1, 940, 004 beneficiaries are currently receiving cash transfers each month. Public Primary Schools across the country have witnessed an unprecedented number of new enrollment as a result of the National Home Grown School Feeding Programme.JAMB Result

“A total of 1, 142, 783 individuals across the country have registered to benefit from the second round of GEEP under the three loan programmes.”

According to PUNCH, the Chairman of the Senate panel, Senator Yusuf Yusuf, explained, “Information is a very important tool for legislation. Since the government policies emanate from legislation, we invited critical stakeholders from the ministry and other agencies so that they can furnish the committee with vital information that would enable them to come up with robust legislation for the NSIP establishment,” he said.

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