BREAKING: FG Approves N4 Billion Conditional Cash Transfer For Vulnerable Households

The Federal Government of Nigeria has approved N4 billion for conditional cash transfers to vulnerable households across the country. This announcement was made during the launch of the 2025 Nigeria Humanitarian Needs and Response Plan at the United Nations House in Abuja on Thursday.

Minister of Humanitarian Affairs and Poverty Reduction, Professor Nentawe Yilwada, shared that the funds would be directed to support at least 10 million displaced households, with a focus on the most vulnerable members of society. This initiative, which aims to alleviate the immediate needs of families affected by displacement, particularly in the Northeast, is set to commence in February and continue through April.

The government also allocated N2 billion in interest-free loans for farmers in rural communities to boost food production and self-sufficiency. The loans, ranging from N300,000 to N400,000 per household, will help farmers access resources and link them to market opportunities.

Professor Yilwada highlighted the prioritization of women, especially widows, pregnant women, and those with disabilities, as these groups face heightened challenges due to displacement. The funds are part of the broader government strategy to alleviate poverty and provide relief to those in need.

The Minister added that the Humanitarian Needs and Response Plan (HNRP) was developed through extensive consultations to address the humanitarian challenges in conflict-affected regions such as Borno, Adamawa, and Yobe. This multi-faceted approach combines humanitarian, developmental, and peacebuilding efforts to create sustainable solutions for affected communities.

This is the content of the article as published on GISTSMATE.

Comments

Post a Comment

Popular posts from this blog

TRAGEDY: Former Enugu Commissioner, Edoga Kidnapped!

Image
   In a heartbreaking news, the former Commissioner for Lands and former Head of Service in Enugu State, Surv. Barr. Albert Edoga, has been reportedly kidnapped along the Opi Nsukka - Ugwogo Nike Road.  In light of this distressing situation, there are urgent calls for the intervention of security agencies to take swift action to secure his safe release.  Reports confirmed that the incident took place on Friday, 31st January 2025, Edoga is believed to still be in captivity. Agu Chineme: reporting from Enugu More Details loading.... Surv. Barr. Albert Edoga
Read more

BREAKING: World Bank Condemns Tinubu’s Wasteful Spending Amidst Nigeria's Economic Hardship, Advices For Urgent Financial Reforms

Image
The World Bank has raised serious concerns about wasteful spending by the Nigerian government under President Bola Tinubu, describing it as a key contributor to the country's economic woes. In its latest Nigeria Development Update, the global financial institution expressed deep dissatisfaction with the government's financial management, urging greater transparency and accountability. A key area of concern is the administration’s extravagant spending on non-essential items, even as Nigeria grapples with widespread economic challenges. The report highlighted the allocation of billions to luxury purchases, including a staggering N9.2 billion spent on State House vehicles within three months. Another N250 million was reportedly spent on event decorations for the First Lady in just five days, while additional billions went towards renovations, honorariums, and forex acquisitions. Perhaps most alarming was the purchase of a new presidential jet, costing the nation N150 billion, at a...
Read more

Police Clears Air on Viral Video, Urges Public to Remain Calm

Image
The Imo State Police Command has issued an official statement to clarify the misinformation circulating in a viral video that has sparked concern among residents. The video, which shows vehicles set ablaze by individuals allegedly affiliated with the Indigenous People of Biafra (IPOB) and the Eastern Security Network (ESN) while enforcing an unlawful sit-at-home order, is being recirculated across social media platforms. According to the police, this incident, though alarming, is not recent and has been falsely portrayed as a current event. In a press release signed by the Commissioner of Police, CP Aboki Danjuma, and communicated through the state's Police Public Relations Officer, ASP Okoye Henry, the Command revealed that the events shown in the video actually occurred in 2022, not on October 21, 2024, as suggested by the mischief-makers behind its resurgence. “The Imo State Police Command is issuing this statement in response to a recent viral video showing vehicles set ablaze ...
Read more