ADVERTISEMENT
  • About Us
  • Advertise
  • Contact Us
  • Privacy Policy
Saturday, July 4, 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
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]

How Fake Agency Operated Within Nigeria’s Presidency

How Fake Agency Operated Within Nigeria’s Presidency in Major Fraud Scandal

CAC

CAC Login Portal for Fee Business Registration – www.pre.cac.gov.ng

JAMB Past Questions

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

Omoge Saida

Popular Socialite Omoge Saida’s Private Video Sparks Outrage Online (WATCH VIDEO HERE)

OnlyFans Sex Videos Of Anita Brown

Watch OnlyFans Sex Videos Of Anita Brown, Davido’s New Baby Mama

Death

Is Death the Enemy We Fear or the Friend We Misunderstand? By Festus Edovia

Ifunanya Lawyer Leaked Video

Ifunanya Lawyer Leaked Video Goes Viral On Twitter, Reddit, Instagram, Youtube

FPSO Tamara Tokoni Crude Oil

BREAKING: Supreme Court Orders Release of FPSO Tamara Tokoni Crude Oil to GHL, Dismisses First Bank’s Case

Latest Stories

How Fake Agency Operated Within Nigeria’s Presidency

Nigeria’s Anti-Corruption Fight: Why No One Should Be Above Accountability By Festus Edovia

Access Holdings, Coronation Group

Access Holdings, Coronation Group Celebrate Success of Nigerian Modernism Exhibition at Tate Modern London

FPSO Tamara Tokoni Crude Oil

BREAKING: Supreme Court Orders Release of FPSO Tamara Tokoni Crude Oil to GHL, Dismisses First Bank’s Case

How Fake Agency Operated Within Nigeria’s Presidency

How Fake Agency Operated Within Nigeria’s Presidency in Major Fraud Scandal

NNPCL

NNPCL Cuts Petrol Price Again, Reduces Pump Price to N1,210 per Litre

Google

Google Announces New AI, Cloud and Startup Initiatives at Africa Cloud Summit

Death

Is Death the Enemy We Fear or the Friend We Misunderstand? By Festus Edovia

Microfinance Banks

BREAKING: CBN Revokes Operating Licences of 46 Microfinance Banks (Full List)

Hackaholics 7.0

Wema Bank Launches Hackaholics 7.0, Unveils New Tracks and Millions in Grants for African Startups

Keystone Bank

Court Declares Keystone Bank Staff Wanted Over Alleged N35 Million Fraud

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