ADVERTISEMENT
  • About Us
  • Advertise
  • Contact Us
  • Privacy Policy
Thursday, October 1, 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]

Anthropic

Anthropic Targets $2 Trillion IPO Valuation Despite $42 Billion 2025 Loss

Naija News

Nigerian Newspapers: Top 10 Newspaper Headlines Tuesday, March 22 2022

God Willing – Neymar Speaks On Surpassing Pele’s Goals Record For Brazil

God Willing – Neymar Speaks On Surpassing Pele’s Goals Record For Brazil

JAMB 2023 Answers

JAMB Past Questions and Answers PDF For All Subjects, Get JAMB 2023 Answers Here

Peter Obi

BREAKING: FG Accuses Labour Party Presidential Candidate, Peter Obi of Treason

Happy Independence Day Nigeria Messages

Happy Independence Day Nigeria Messages, Quotes and Wishes For Everyone

Jeffrey Dahmer Real Polaroid Photos Of His Victims

Jeffrey Dahmer Real Polaroid Photos Of His Victims Goes Viral On Youtube, Twitter, Reddit

Coastal Road Realignment

BREAKING: FG Dumps Coastal Road Realignment After Destroying Landmark, Other Multimillion Dollars Businesses

Latest Stories

Anthropic

Anthropic Targets $2 Trillion IPO Valuation Despite $42 Billion 2025 Loss

GTCO

GTCO Reports ₦603bn Profit Before Tax, Grows Deposits to ₦14.2trn in H1 2026

Peter Obi

BREAKING: Peter Obi Promises to Restore Fuel Subsidy in Nigeria

NDC

NDC Raises Constitutional Concerns Over Tinubu’s Absence From Nigeria

DSS

DSS Secures Death Sentence for Kidnap Convict Over Killing of Three in Sokoto

Fidelity Bank

Fidelity Bank Distributes 2,500 Food Packs to Vulnerable Communities in Edo

Zenith Bank NBBF Women’s Basketball League Final 8

Zenith Bank NBBF Women’s Basketball League Final 8 Tips Off in Lagos

Google

Google Urges Nigerian Businesses to Rethink Search Advertising Ahead of Black Friday 2026

Financial Crime Response

When Millions Move Across Borders, Nigeria Needs a Stronger Financial Crime Response

$1.5bn World Bank Loans

Tinubu Government Seeks $1.5bn World Bank Loans as Public Debt Hits Record N166.79tn

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