The Minister of Finance and the Coordinating Minister of the Economy, Wale Edun, said on Thursday that 25 million Nigerians have so far received the ₦25,000 conditional cash transfer.
Edun disclosed this to State House Correspondents shortly after the National Economic Council meeting chaired by Vice President Kashim Shettima in Abuja.
He listed the steps taken by President Bola Tinubu’s administration to provide relief for Nigerians following the hardship occasioned by the removal of subsidies and other policy initiatives of the government.
According to him, five million households have benefited from the direct cash transfer.
The minister said at least 11,000 people have received ₦3.5 billion from the consumer credit scheme.
He also revealed that ₦90 billion has so far been disbursed to 500,000 Nigerian students under the student loan scheme.
Discover more from The STATESMAN Newspaper
Subscribe to get the latest posts sent to your email.
Post Disclaimer
THE STATESMAN NEWSPAPER make no representations or warranties of any kind, express or implied, about the stories hereon as the statements are purely of the news makers.
All rights reserved. This material, and other digital content on this website, may not be reproduced, published, broadcast, rewritten or redistributed in whole or in part without prior express written permission from THE STATESMAN NEWSPAPER.
Contact:
