Minister of Finance and Coordinating Minister of the Economy, Wale Edun, has said 600,000 households have benefited from the direct cash transfer programme under the present administration, following the resumption of payments.
Edun said this on Thursday in Abuja, during the half-year review ministerial press briefing, themed, ‘Economic Recovery and Growth: Progress and Prospects 2024’.
Last week, President Bola Tinubu ordered an immediate review of the conditional cash transfer scheme — an intervention initiative coordinated by the National Social Investment Programme Agency (NSIPA).
Tinubu later suspended all programmes administered by NSIPA for six weeks, as part of a probe of alleged malfeasance in the management of the agency and its programmes.
During a radio interview session in Kaduna, Mohammed Idris, Minister of Information and National Orientation, disclosed the Federal Government’s plan to resume the intervention schemes.
Speaking at the press briefing, the minister reiterated Tinubu’s commitment to the welfare of ordinary Nigerians and the government’s efforts to ensure transparency and accountability in its social protection initiatives.
“Following the resumption of payments, over 600,000 households have already received this direct transfer this week,” Edun was quoted as saying in a statement by in a statement on by Mohammed Manga, the ministry’s director of information and public relations”, he said.
Edun said the government has made significant strides in its economic reforms, “well on its way to achieving a step-change in the revenues of the government; closely in line with the budget for 2024”.
