FEDERAL GOVERNMENT REVEALS 25M NIGERIANS RECEIVED ₦25,000 CONDITIONAL CASH TRANSFER

The Federal Government OF Nigeria on Thursday disclosed that 25 million Nigerians have so far received the ₦25,000 conditional cash transfer, to ease off economy hardship
The Minister of Finance and Coordinating Minister of the Economy, Wale Edun, stated this while briefing State House Correspondents shortly after the National Economic Council meeting chaired by Vice President Kashim Shettima.
He enumerated the steps taken by President Bola Tinubu’s administration to provide relief for Nigerians following the sufferings occasioned by the removal of subsidies and other policy reforms being implemented by the government.
According to him, five million households have benefited from the direct transfer, stating that the government uses it to ease the hardship facing Nigerians.
He also disclosed that in the last five days, no fewer than 11,000 beneficiaries have received ₦3.5 billion from the consumer credit scheme.
He further said over ₦90 billion has so far been disbursed to half a million Nigerian students under the student loan scheme.

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