Federal Government announced on Thursday that 25 million Nigerians have so far benefitted from the ₦25,000 conditional cash transfer.
Minister of Finance and Coordinating Minister of the Economy, Wale Edun, stated this after the National Economic Council meeting presided over by Vice President Kashim Shettima.
He outlined the measures taken by President Bola Tinubu’s administration to alleviate the hardships faced by Nigerians due to subsidy removal and other ongoing policy reforms.
According to him, five million households have been beneficiaries of the direct transfer.
He further revealed that over the past five days, approximately 11,000 beneficiaries have received ₦3.5 billion through the consumer credit scheme.
He added that over ₦90 billion has been disbursed to half a million Nigerian students through the student loan scheme.
