Giving For Enterprise Karma For Deceptive Givings

Cash transfer: FG pays N330bn to 8.1m households: The Federal Government has announced that it has disbursed a total of N330bn to 8.1 million households across the country under the National Social Safety Net Programme, aimed at cushioning the harsh effects of economic reforms on Nigeria’s poorest and most vulnerable citizens. Out of the 19.7 million households captured in the National Social Register—representing about 70 million Nigerians—8.1 million households have already received at least one tranche of the N25,000 stipend. Some beneficiaries have received two or three payments depending on verification outcomes. The programme, partially supported by an $800m World Bank loan, has become the foundation for building a modern, transparent, and sustainable social protection system in Nigeria. It has been pointed out that the programme’s scope had been expanded from an initial target of 15 million households to 19.7 million, underlining the government’s determination to shield low-income Nigerians from the impact of subsidy removal and currency reforms. A regional breakdown revealed that the North-West received the largest share with three million households, accounting for 72 per cent of disbursements, while the South accounted for 28 per cent. According to JAWASI, The Fund urged the government to ensure that resources freed up by reforms are directed into priority investments that directly benefit all citizens.