ADVERTISEMENT
  • About Us
  • Advertise
  • Contact Us
  • Privacy Policy
Tuesday, October 13, 2026
NewsOnline Nigeria
  • Headlines
  • Top Stories
  • Politics
  • Crime Watch
  • Entertainment
  • Sports
No Result
View All Result
  • Headlines
  • Top Stories
  • Politics
  • Crime Watch
  • Entertainment
  • Sports
No Result
View All Result
NewsOnline Nigeria
No Result
View All Result
  • Headlines
  • Top Stories
  • Politics
  • Crime Watch
  • Entertainment
  • Sports
ADVERTISEMENT
Home Economy And Business

BREAKING: FG Approves ₦4 Billion Cash Transfer Payment To Vulnerable Nigerians

Beyond the cash transfers, the government has also approved ₦2 billion for interest-free loans to farmers in rural areas, designed to boost food production and self-sufficiency.

by NewsOnline Nigeria
January 23, 2025
in Economy And Business, Headline
0
BREAKING: EFCC Threatens To Arrest, Prosecute Tompolo Over Naira Abuse

FG has approved ₦4 billion cash transfer payments to vulnerable Nigerians.

 

NewsOnline Nigeriareports that President Bola Tinubu-led government has approved a ₦4 billion allocation for conditional cash transfers aimed at supporting vulnerable households across Nigeria, particularly those displaced by conflict and other crises.

 

The announcement was made on Thursday by the Minister of Humanitarian Affairs and Poverty Reduction, Professor Nentawe Yilwada, during the launch of the 2025 Nigeria Humanitarian Needs and Response Plan (HNRP) at the United Nations House in Abuja.

 

ALSO: Tinubu Appointed Kogo CCT Chairman Without Recourse To NJC, FJSC Constitution

 

The initiative, set to run from February through April, will provide financial aid to at least 10 million displaced households nationwide, with a focus on those most in need.

 

Yilwada said, “We are prioritising 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.”

 

Details Of The Cash Transfers

According to the minister, the cash transfer initiative has been approved by President Tinubu to support displaced families, particularly in the conflict-affected Northeast.

“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,” Yilwada explained.

 

Beyond the cash transfers, the government has also approved ₦2 billion for interest-free loans to farmers in rural areas, designed to boost food production and self-sufficiency.

 

“These loans will range from ₦300,000 to ₦400,000 per household, helping farmers access necessary resources and linking them to market opportunities,” Yilwada said.

 

The minister noted that the government’s broader strategy includes targeted relief for families impacted by natural disasters and other crises, as part of efforts to alleviate poverty.

 

“A ₦4 billion provision has been approved to support vulnerable groups through cash transfers, targeting families affected by natural disasters and other crises,” he added.

 

The 2025 HNRP was developed through extensive consultations and is designed to address the humanitarian needs of conflict-affected regions, including Borno, Adamawa, and Yobe states.

 

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

The minister reaffirmed the government’s commitment to addressing the needs of internally displaced persons (IDPs), returnees, and other affected communities, ensuring that interventions are impactful and sustainable.

Previous Post

Tinubu Appointed Kogo CCT Chairman Without Recourse To NJC, FJSC Constitution

Next Post

IGP Bans Police Officers From Wearing Dark Glasses

Next Post
IGP Kayode Egbetokun

IGP Bans Police Officers From Wearing Dark Glasses

Trending Stories

Baltasar Engonga Wife Video Knacking Another Man

Watch Full Baltasar Engonga Wife Video Knacking Another Man [#BaltasarEngonga]

JAMB Past Questions

Download JAMB Past Questions & Answers PDF From 1983 Till Date [All Subjects]

Gloria Onosode

Stop Waiting to Feel Rich Before You Build Wealth By Gloria Onosode

Sex Tape

President 50-Year Old Daughter’s Sex Tape Breaks The Internet (WATCH HERE)

Ibrahim Buba Jagaba

AYDAN Applauds Sanwo-Olu Over Appointment of Ibrahim Buba Jagaba as Senior Special Adviser on Arewa Matters

Nigeria Common Entrance Past Questions

Nigeria Common Entrance Past Questions & Answers | 2011 Till Date

Ifunanya Lawyer Biography

Ifunanya Lawyer Biography, Photos, Nudes Videos, Age, Instagram, Controversy

How Mohbad Died

Mohbad Cause of Death and Obituary, What Happened to Nigerian Musician Mohbad? How Did Mohbad Die?

JAMB Past Questions

Download JAMB Past Questions & Answers In PDF [All Subjects Updated]

APC

BREAKING: APC Joins Coalition To Stop Tinubu’s 2027 Re-Election Bid

Latest Stories

Fake Presidential Agency DG,

Court Strikes Out Charges Against Alleged Fake Presidential Agency DG, Orders Fresh Arraignment

CJN Kekere-Ekun

CJN Kekere-Ekun Swears In 68 New Senior Advocates of Nigeria (FULL LIST)

Tinubu

2027: Tinubu to Kick Off Second Tenure Campaign Amid Hunger, Insecurity Across Nigeria

Gloria Onosode

Stop Waiting to Feel Rich Before You Build Wealth By Gloria Onosode

MTN Network Outage

MTN Network Outage Hits Lagos, Oyo, Rivers, Delta, FCT

Bamboo

Bamboo Alerts Users to Cybersecurity Incident at US Brokerage Partner DriveWealth

Fuel Price

Tinubu Government Pegs Fuel Price at N1,350 Per Litre Amid Rising Hardship

Spotify

Spotify Names Solana October’s EQUAL Africa Artist of the Month

New Google data

New Google data reveals Nigeria’s favorite coffee-related searches in 2026

Festus Edovia

They Give You Rice Today, Steal Your Future Tomorrow By Festus Edovia

NewsOnline 2026

Get the Latest Naija News, Breaking News, Top Stories, World News, Business, Politics & Entertainment from NewsOnline Nigeria.

RELEVANT PAGES

  • About Us
  • Advertise
  • Contact Us
  • Privacy Policy

ALERT US

Important Press Releases, Special Investigations: admin@newsonlineng.com

OFFICE ADDRESS

13 Poland Street, London, United Kingdom (UK)

Copyright © 2026 NewsOnline Nigeria

No Result
View All Result
  • Headlines
  • Top Stories
  • Politics
  • Crime Watch
  • Entertainment
  • Sports

Copyright © 2023 Newsonline Nigeria