The Federal Government has disbursed over ₦300 billion to 8.1 million households through the Conditional Cash Transfer scheme.
The Minister of State for Humanitarian Affairs and Poverty Reduction, Yusuf Sanunu, disclosed this on Monday at a roundtable event to mark this year’s International Day for Disaster Risk Reduction in Abuja.
“As a ministry, under the Hope Agenda of Mr. President, the Ministry has, through the National Social Investment Agency, has done very well in improving the resilience of the local community. As of today, in terms of conditional cash transfer, over 8.1 million households in Nigeria have been reached with a total sum of over 300 and something billion naira. This has really improved their capacity, improved their health, and education, and the process will continue,” Sanunu said.
He also hinted that the 21,000 Nigerians affected by flood disasters across the country are to benefit from the government’s interest-free loan totalling ₦6.3 billion.
“We also are planning, together with both national and state level, to improve on our flood mitigating effect by dolling out, in the next few weeks to come, to 21,000 Nigerians free interest, and also free collateral loan of over 300,000 Naira each. This is to address the issue of crisis in farming so as to mitigate the interest of flooding in Nigeria,” he said.
(Channels TV)
