The World Financial institution has reported that roughly 99.9% of focused poor and weak households are but to obtain the Federal Authorities’s just lately introduced N25,000 per thirty days money handout.

Based on The Instances, knowledge from the World Financial institution’s Lead Economist for Nigeria, Alex Sienaert, was introduced final week in Abuja through the Nigeria Improvement Replace, December 2023 version.

The Federal Authorities intends to offer money transfers to low-income households, paying N25,000 per thirty days for 3 months, in line with his presentation materials.

President Bola Tinubu launched the Conditional Money Switch Program on October 17, 2023, with funding assist of $800 million from the World Financial institution.

This program intends to help 15 million Nigerian households that make lower than N75,000 per thirty days and are thought of poor, near-poor, or weak. READ MORE

All rights reserved. This materials, and different digital content material on this web site, is probably not reproduced, revealed, broadcast, rewritten or redistributed in complete or partially with out prior specific written permission from PUNCH.

Contact: [email protected]