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₦688 Billion Paid to 9.2 Million Households in Cash Transfer, Says FG ‎

By 𝔸bdulrazak Tomiwa

‎The Federal Government has disbursed ₦688 billion to 9.2 million households over two years under the HOPE-CT programme, announced Minister of Humanitarian Affairs, Dr Bernard Doro, as a key intervention to cushion economic reforms.

‎Each eligible household receives ₦75,000 in three tranches of ₦25,000. Over 9.17 million have received the first tranche, 7.2 million the second, and 6.5 million the third, with disbursements running from November 2023 to February 2026.

‎Women constitute 58.7% of beneficiaries, with 5.39 million women empowered as caregivers and entrepreneurs to strengthen community resilience.

‎Verification uses the National Social Register, NIN, or BVN. NIMC successfully verified over 11.8 million of 13.2 million records, with failed cases being analysed to improve transparency.

‎The programme is funded by an $800 million World Bank facility, and the target has been raised from 10.4 million to 15 million vulnerable Nigerians.

‎Implemented with multiple agencies and digital payments, the initiative aims to stabilise vulnerable households and deliver efficient relief amid macroeconomic adjustments.

Abdulrazak Shuaib Tomiwa

Abdulrazak Shuaib Tomiwa

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