{"id":119985,"date":"2024-05-29T10:27:01","date_gmt":"2024-05-29T09:27:01","guid":{"rendered":"https:\/\/www.africa-press.net\/nigeria\/uncategorized\/nigerian-govt-restarts-n75000-cash-payment-to-citizens"},"modified":"2024-05-29T12:41:10","modified_gmt":"2024-05-29T11:41:10","slug":"nigerian-govt-restarts-n75000-cash-payment-to-citizens","status":"publish","type":"post","link":"https:\/\/www.africa-press.net\/nigeria\/economy\/nigerian-govt-restarts-n75000-cash-payment-to-citizens","title":{"rendered":"Nigerian Govt restarts N75,000 cash payment to citizens"},"content":{"rendered":"<p><span style=\"color: #ff6600\"><strong>Africa-Press &#8211; Nigeria. <\/strong><\/span>Minister of Finance, Wale Edun has said the federal government has restarted the provision of conditional direct N75,000 cash transfers to 75 million Nigerians to tackle the impact of inflation.<\/p>\n<p>Edun disclosed this on Tuesday at a ministerial sectoral briefing to mark the first year in office of the President Bola Tinubu administration in Abuja.<\/p>\n<p>He noted that the beneficiaries of the social investment scheme are 15 million households nationwide.<\/p>\n<p>Edun who is the chairman of the Presidential Panel of Social Investment programme explained that the cash transfer will improve the living standard of Nigerians in the immediate term.<\/p>\n<p>According to him, the Government has developed a system to ensure that payments get directly to beneficiaries through digital routes.<\/p>\n<p>Edun announced that the government has recruited Mobile Network operators to fasten the roll-out of the scheme.<\/p>\n<p>He stated beneficiaries must have a National Identity Number, account number or mobile wallets to receive the cash transfer payments.<\/p>\n<p>\u201cAs the Chairman of the Presidential Panel of Social Investment program, the all-important direct payment to the poor.<\/p>\n<p>\u201cWhich is the veritable tool and sharpest tool we can have for attacking increased living standards. That program has been restarted.<\/p>\n<p>\u201cIt involves 75 million Nigerians and 15 households with the payment of N75,000 in the immediate term.<\/p>\n<p>\u201cTo ensure public trust is there we have a system that has developed between the Ministers of Communications and Digital Economy, Health, and Youths with a global best standard in providing direct payment.<\/p>\n<p>\u201cOn the one hand, each person must have a National Identity Number, secondly, the payment must be through digital routes. Whether BVN, that is bank account Accounts or mobile wallets.<\/p>\n<p>\u201cMobile Network operators have been recruited to ensure we have a faster rollout of the program. That is one of the key ways initially that the poor and vulnerable will be helped\u201d, he said.<\/p>\n<p>On January 12, Tinubu suspended all the programs administered by the National Social Investment Programme Agency and Humanitarian Ministry over alleged misappropriation.<\/p>\n<p>Recall that Tinubu suspended the Minister of Humanitarian Affairs and Poverty Alleviation, Betta Edu on January 8 over alleged funds\u2019 mismanagement under NSIPA.<\/p>\n<p><strong>For More News And Analysis About <a href=\"https:\/\/www.africa-press.net\/nigeria\">Nigeria<\/a> Follow <a href=\"https:\/\/www.africa-press.net\/\">Africa-Press<\/a><\/strong><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Africa-Press &#8211; Nigeria. Minister of Finance, Wale Edun has said the federal government has restarted the provision of conditional direct N75,000 cash transfers to 75 million Nigerians to tackle the impact of inflation. Edun disclosed this on Tuesday at a ministerial sectoral briefing to mark the first year in office of the President Bola Tinubu [&hellip;]<\/p>\n","protected":false},"author":84,"featured_media":119983,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[24,15],"tags":[1570,2140,12945,254,13664],"class_list":["post-119985","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-all-news","category-economy","tag-africa-press","tag-africa-press-nigeria-2","tag-edun","tag-nigeria","tag-tinubus-anniversary"],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v26.1 (Yoast SEO v27.0) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>Nigerian Govt restarts N75,000 cash payment to citizens - Nigeria<\/title>\n<meta name=\"description\" content=\"Minister of Finance, Wale Edun has said the federal government has restarted the provision of conditional direct N75,000 ...\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.africa-press.net\/nigeria\/economy\/nigerian-govt-restarts-n75000-cash-payment-to-citizens\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Nigerian Govt restarts N75,000 cash payment to citizens\" \/>\n<meta property=\"og:description\" content=\"Minister of Finance, Wale Edun has said the federal government has restarted the provision of conditional direct N75,000 ...\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.africa-press.net\/nigeria\/economy\/nigerian-govt-restarts-n75000-cash-payment-to-citizens\" \/>\n<meta property=\"og:site_name\" content=\"Nigeria\" \/>\n<meta property=\"article:published_time\" content=\"2024-05-29T09:27:01+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2024-05-29T11:41:10+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/static.africa-press.net\/nigeria\/sites\/3\/2024\/05\/sm_1716966323.262268.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"1280\" \/>\n\t<meta property=\"og:image:height\" content=\"862\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"cfeditoren\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"cfeditoren\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/www.africa-press.net\/nigeria\/economy\/nigerian-govt-restarts-n75000-cash-payment-to-citizens#article\",\"isPartOf\":{\"@id\":\"https:\/\/www.africa-press.net\/nigeria\/economy\/nigerian-govt-restarts-n75000-cash-payment-to-citizens\"},\"author\":{\"name\":\"cfeditoren\",\"@id\":\"https:\/\/www.africa-press.net\/nigeria\/#\/schema\/person\/068c7ab4e9634ae78ec5d54ec46598bb\"},\"headline\":\"Nigerian Govt restarts N75,000 cash payment to citizens\",\"datePublished\":\"2024-05-29T09:27:01+00:00\",\"dateModified\":\"2024-05-29T11:41:10+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/www.africa-press.net\/nigeria\/economy\/nigerian-govt-restarts-n75000-cash-payment-to-citizens\"},\"wordCount\":368,\"commentCount\":0,\"image\":{\"@id\":\"https:\/\/www.africa-press.net\/nigeria\/economy\/nigerian-govt-restarts-n75000-cash-payment-to-citizens#primaryimage\"},\"thumbnailUrl\":\"https:\/\/static.africa-press.net\/nigeria\/sites\/3\/2024\/05\/sm_1716966323.262268.jpg\",\"keywords\":[\"Africa Press\",\"Africa Press-Nigeria\",\"Edun\",\"Nigeria\",\"Tinubu's anniversary\"],\"articleSection\":[\"all news\",\"Economy\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\/\/www.africa-press.net\/nigeria\/economy\/nigerian-govt-restarts-n75000-cash-payment-to-citizens#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/www.africa-press.net\/nigeria\/economy\/nigerian-govt-restarts-n75000-cash-payment-to-citizens\",\"url\":\"https:\/\/www.africa-press.net\/nigeria\/economy\/nigerian-govt-restarts-n75000-cash-payment-to-citizens\",\"name\":\"Nigerian Govt restarts N75,000 cash payment to citizens - 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