POPULAR
  • How Design A wEBSITE
  • BBN
  • Basket Ball
  • Box Office
  • CONTACT US
SUBSCRIBE
  • Home
  • News
  • World News
  • Breaking
  • Sport
  • Entertainment
  • Business
  • Health & Fitness
Reading: Govt approves N4bn cash transfer for vulnerable households
Share
BrainBoxNews - Breaking News - Nigeria News - Entertainment NewsBrainBoxNews - Breaking News - Nigeria News - Entertainment News
Aa
  • News
  • World News
  • Sport
  • Trending
  • Adventure
Search
  • Home
    • Home 4
  • Categories
    • News
    • World News
    • Sport
    • Trending
  • Bookmarks
    • My Bookmarks
    • Customize Interests
  • More Foxiz
    • Blog Index
    • Sitemap
Have an existing account? Sign In
Follow US
© Foxiz News Network. Ruby Design Company. All Rights Reserved.
BrainBoxNews - Breaking News - Nigeria News - Entertainment News > Blog > Latest News > Govt approves N4bn cash transfer for vulnerable households
Latest News

Govt approves N4bn cash transfer for vulnerable households

Brainbox
Last updated: 2025/01/24 at 7:31 AM
Brainbox
Share
4 Min Read
Govt approves N4bn cash transfer for vulnerable households
SHARE



The Federal Government has approved N4bn for conditional cash transfers to vulnerable households in Nigeria.

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, Prof Nentawe Yilwada announced the interventions to address the country’s deepening humanitarian crisis.

This move is expected to support at least 10 million displaced households, primarily targeting the most vulnerable members of society.

The cash transfer programme is set to begin in February and continue through April, aiming to alleviate the immediate needs of families affected by displacement, particularly in the Northeast.

Additionally, the government has approved N2bn in interest-free loans to farmers, specifically those in rural communities, to boost food production and self-sufficiency.

“We are prioritizing women, especially widows, pregnant women, and those with disabilities. The experiences of displaced women, particularly those facing pregnancy or disability, are especially challenging. We understand these vulnerabilities and will continue to support those who are most in need,” he said.

“The President has approved the Ministry’s plan to begin paying conditional cash transfers to 10 million displaced households between February and April. This initiative aims to support those most in need, particularly vulnerable families affected by displacement,” he added.

“Additionally, the government has allocated N2bn to provide interest-free loans to farmers in rural communities. These loans will range from N300,000 to N400,000 per household, helping farmers access necessary resources and linking them to market opportunities.

“Furthermore, a N4bn provision has been approved to support vulnerable groups through cash transfers, targeting families affected by natural disasters and other crises. These interventions are part of the government’s broader strategy to alleviate poverty and provide relief to those in urgent need,” the minister stated.

He further emphasised the government’s commitment to addressing the needs of internally displaced persons, returnees, and affected communities across Nigeria.

The HNRP, he noted, was developed through extensive consultations and is designed to address the humanitarian challenges in Borno, Adamawa, Yobe, and other conflict-affected regions.

“We are combining the efforts of humanitarian, developmental, and peacebuilding platforms to ensure long-term resilience and sustainable solutions for these communities,” he added.

Highlighting the gender dynamics within these interventions, Yilwada underscored the priority given to female-headed households, who often face greater challenges, including gender-based violence, child marriage, and food insecurity.

“Female-headed households experience higher rates of hunger than male-headed ones, and this is where we will focus much of our efforts. Ensuring access to food, water, healthcare, and safety for these women is one of our top priorities,” he added.

Head of the UN Office for the Coordination of Humanitarian Affairs, Mr. Trond Jensen provided an overview of the situation, noting that 7.8 million women, men, and children across Borno, Adamawa, and Yobe states will require humanitarian assistance in 2025.



Source link

You Might Also Like

Man United ‘readying an offer for PSG goalkeeper Gianluigi Donnarumma’

I Am Still Relevant – Mercy Aigbe Reflects on Her First AMVCA Win

Nigerian-British art dealer, Ochuko Ojiri charged with terror offence in UK after probe into terrorist financing

We’ve 28 More Witnesses Against Yahaya Bello – EFCC Tells Court

TAGGED: approves, cash, govt, households, N4bn, Transfer, vulnerable
Brainbox January 24, 2025
Share this Article
Facebook Twitter Email Print
Leave a comment Leave a comment

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

New Releases

Trending Stories

Manchester United are reportedly plotting an audacious swoop for Paris Saint-Germain goalkeeper Gianluigi Donnarumma
Latest News

Man United ‘readying an offer for PSG goalkeeper Gianluigi Donnarumma’

May 9, 2025
Game

World of Warcraft Burning Crusade Classic Leaks Ahead of BlizzCon

May 14, 2022
News

She-Hulk: Attorney at Law review – female empowerment has never been so much fun

May 16, 2022
World News

Eight years after leading Buhari to Obasanjo, Tinubu meets ex-president for own ambition

May 16, 2022
Sport

Nationwide blackout, N3b lost to TCN strike as grid crashes

May 16, 2022
Entertainment

British billionaire Sir Jim Ratcliffe move to buy Man United

May 16, 2022

Follow US on Social Media

Facebook Youtube Steam Twitch Unity

© Brainbox News Network. All Rights Reserved.

More from Brainbox

  • Job @brainboxnews.com
  • Privacy Policy
  • Advertise
  • Subscribe

Removed from reading list

Undo
Welcome Back!

Sign in to your account

Lost your password?