ADVERTISEMENT
  • About Us
  • Advertise
  • Contact Us
  • Privacy Policy
Monday, August 10, 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

BREAKING: EFCC Threatens To Arrest, Prosecute Tompolo Over Naira Abuse

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

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]

Naira Appreciates

Dollar To Naira: Exchange Rate Disparity Doubles As Traders Point To N900/$1

Balthazar Wife Video

Another Balthazar Wife Video Breaks Internet (WATCH HERE)

Download JUPEB Free Past Questions & Answers in PDF

Download JUPEB Free Past Questions & Answers in PDF [All Subjects]

Zoho

Zoho Partners She Code Africa To Empower, Upskill Women Through Specialized Training

Prophet Jeremiah

Solomon Buchi Calls For Prophet Jeremiah’s Arrest Over Miracle Soap, Others

Ifunanya Delilah

Ifunanya Lawyer Photos Breaks the Internet: Watch Ifunanya Lawyer Photos Here

Justice Winner, Senior Account Manager, IVI PR

5 Strategic Communication Moves Every Nigerian Startup Should Implement to Attract Investors By Justice Winner

Latest Stories

Nigeria-Canada Investment Conference

Tinubu Names Gbajabiamila, Five Governors for Nigeria-Canada Investment Conference

Justice Winner

Justice Winner Launches New Four-Week Fitness Guide For Busy Professionals

Temu

How Temu Helped a Madagascan Vanilla Family Business Sell Direct to Consumers Across Europe

Trump

Trump Warns He Could Be ‘Last Republican President’ If Michigan Democrat El-Sayed Wins Senate Seat

Peter Okoye

Celebrities Rally Behind Peter Okoye After Jude Okoye’s ‘Career Going Down’ Remark

Osun Government Accounts

Tinubu Orders EFCC to Withdraw Court Order Freezing Osun Government Accounts Ahead of Governorship Election

Nigeria

BREAKING: Nigeria Fully Under Authoritarian Regime – Report

Peter Obi, Rabiu Kwankwaso, Seriake Dickson, NDC, OK Movement, Obidient Movement, Kwankwassiyya Movement, 2027 election, Peter Obi news, Kwankwaso news, Nigerian politics, opposition coalition

2027: Peter Obi, Kwankwaso Meet Seriake Dickson Amid OK Movement Leadership Crisis

OPay Is Okay

OPay Launches ‘OPay Is Okay’ Campaign to Strengthen Trust in Nigeria’s Digital Finance Sector

National Grid

FG to Add 60.82MW Solar Power to National Grid, Begins 13.92MW Hybrid Mini-Grid Project in Yobe

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