Conditional Cash Transfer Program – The Minister of Humanitarian Affairs and Poverty Alleviation, Mrs. Betta Edu, has announced that the Federal Government under the administration of President Bola Ahmed Tinubu is gearing up to initiate the Conditional Cash Transfer Scheme for 15 million households across the federation on 17th October, 2023.Thank you for reading this post, don't forget to subscribe!
The minister made this announcement during her appearance on Channels Television’s Sunday Politics programme, months after the Federal Government ceased the payment of subsidies on petroleum. The minister revealed that the initiative, pending approval from the President, aims to officially kick off on the 17th October, 2023, it will impact millions of lives across Nigeria.
Mrs. Edu stated that the ministry is actively collaborating with stakeholders nationwide to compile a credible register of beneficiaries.
According to her, “We are currently conducting a verification exercise. Each state can attest that we have dedicated individuals working closely with state cash transfer offices, governors serving as steering committee heads, and several others,” she stated.
The Conditional Cash Transfer Scheme is a flagship initiative by the Federal Government, its main objectives and set goals is to provide financial support to households struggling to meet basic needs, ultimately breaking the cycle of poverty for millions of Nigerians.
She further elaborated, “Our primary goal is to ensure that individuals listed on the national social register genuinely qualify as Nigerians living below the poverty line of $1.95 a day. The verification exercise is essential to confirm the authenticity of the beneficiaries, considering that some individuals on the list might have passed away or improved their economic status.”
How will the Conditional Cash Transfer (CCT) Scheme Work?
Edu highlighted the meticulous process involved in cleaning up the data and performing a comprehensive verification.
According to her,“We are in the field, meticulously verifying the data. We are cross-referencing information from various sources, including BVN, NIM, and other databases, to confirm the identities of these beneficiaries.
“Additionally, we are incorporating biometrics, capturing the head of each household along with household photographs and unique numbering systems to ensure accurate verification against the register,” she explained.
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