300,000 Nigerians Benefit From FG’s N10bn Conditional Cash Transfer

Cash transfer (CCT)

About three hundred thousand vulnerable and poorest Nigerians have benefited from the conditional cash transfer (CCT) programme of the federal government since its inception in 2016.

The National Programme Coordinator, Tope Asinkaye made this known during the mid-year review of the programme, pointing out that over N10 billion had been disbursed for this purpose.

As officials of the CCT programme across the federation came for the mid-year review of activities in their various states, the coordinator said that only 20 states have keyed into the initiative.

According to her, the Federal Government has disbursed the fund to about 300 beneficiaries since its inception in 2016.

She urged other states to key into the programme as it would henceforth be funded from the Abacha fund.

Coordinators from the six geo-political zones highlighted their achievements and challenges.

Although the federal government has a target to reach one million indigent Nigerians through the conditional cash transfer programme, some states’ inability to meet the conditions of providing office, staff and equipment is limiting the target.

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