FG Announces Nigerians Not Qualified For Cash Transfer Scheme as CBN Begins Payment

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The Federal Government is reviewing and expanding the National Social Register to accommodate pensioners and ex-servicemen under its Conditional Cash Transfer scheme.

FG Announces Nigerians Not Qualified For Cash Transfer Scheme as CBN Begins Payment

It is also removing beneficiaries who have excited the poverty line.


It was gathered that the government was also taking out dead beneficiaries from the register and would disqualify those without National Identification Numbers and Bank Verification Numbers.


According to The Punch, payments would be made directly to the beneficiaries by the Central Bank of Nigeria and not through consultants, as the first batch of bulk payments would begin next week for five million households.


The Conditional Cash Transfer scheme is part of the National Social Investment Programme of the Federal Government, which is a project created to change the lives of millions of Nigerians living in extreme poverty, upgrade their standards of living and improve the economy.

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