The federal government has announced its plan to distribute cash to fifteen million poor and vulnerable households nationwide.
The targeted 15 million poor and vulnerable households were for the Conditional Cash Transfer (CCT) program.
Betta Edu, the Minister of Humanitarian Affairs and Poverty Alleviation spoke with newsmen in Abuja.
According to Edu, the initiative will enhance household consumption, promote health and nutrition services utilization, and improve school enrollment and attendance.
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The Minister confirmed that discussions with the World Bank have taken place to facilitate the implementation of the CCT program.
She added that once the Federal Executive Council, FEC approve the request, Nigerians can expect a swift implementation process.
The Minister said:
“Eradicating poverty is one of the eight-point agenda of the president. I met with the World Bank, and we had very good deliberations. By the grace of God, once we get approval from the president, we will be reaching out to 15 million households.
“It is an average of 5.7 persons per household.
“We are presenting the memo to the Federal Executive Council on Monday, and once we get the approval, we will swing into action.
“We will be coming up with our full agenda for the ministry and what we want to do for Nigerians. The target is to eradicate poverty by 2030, and President Tinubu is committed to this.”
