ADVERTISEMENT
  • About Us
  • Advertise
  • Contact Us
  • Privacy Policy
Wednesday, August 12, 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

Air Peace Flight Operations

BREAKING: Air Peace Flight Operations Grounded Nationwide

How Busy Professionals Across Nigeria Can Stay Fit Without Rebuilding Their Lives

How Busy Professionals Across Nigeria Can Stay Fit Without Rebuilding Their Lives

Baltasar Engonga Wife Video Knacking Another Man

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

UBA, Mikano Motors Launch Auto Financing Scheme With 30% Down Payment

UBA, Mikano Motors Launch Auto Financing Scheme With 30% Down Payment

Notti Osama Video Footage

WATCH Notti Osama Video Footage Of Death On Tiktok, Twitter, & Reddit

Ifunanya Lawyer Leaked Video

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

Nigerian Stock Market

NGX Loses ₦1.17tn as Nigerian Stock Market Ends Four-Day Winning Streak

Petrol Price

BREAKING: NNPC Announces Fresh Petrol Price Reduction

NFF President Ibrahim Gusau

Why NFF President Ibrahim Gusau Should Not Be Blamed for Nigeria’s Failure at Tournaments

Latest Stories

NFF President Ibrahim Gusau

Why NFF President Ibrahim Gusau Should Not Be Blamed for Nigeria’s Failure at Tournaments

Deep Offshore Oil Reform

Tinubu Approves Deep Offshore Oil Reform to Attract Up to $50bn Investment

Nigerian Stock Market

NGX Loses ₦1.17tn as Nigerian Stock Market Ends Four-Day Winning Streak

ECOWAS Startup Awards 2026

ECOWAS Startup Awards 2026: Nigerian Startups Can Win $30,000 (How to Apply)

Oyintiloye

Osun Election: Viral Video Puts Ex-Lawmaker Oyintiloye Under Scrutiny Over Alleged Inciting Remarks

Petrol Price

BREAKING: NNPC Announces Fresh Petrol Price Reduction

Sheikh Jingir’s Anti-Christian Remarks

Sheikh Jingir’s Anti-Christian Remarks Spark Outrage as Northern Governors Face Criticism

Air Peace Flight Operations

BREAKING: Air Peace Flight Operations Grounded Nationwide

How Busy Professionals Across Nigeria Can Stay Fit Without Rebuilding Their Lives

How Busy Professionals Across Nigeria Can Stay Fit Without Rebuilding Their Lives

UBA, Mikano Motors Launch Auto Financing Scheme With 30% Down Payment

UBA, Mikano Motors Launch Auto Financing Scheme With 30% Down Payment

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