The Federal Government has indicated intentions to restart direct cash transfers to about 12 million vulnerable households.
Minister of Finance and Coordinating Minister for the Economy, Wale Edun, revealed this plan during the Ministry’s retreat in Uyo, Akwa-Ibom state.
According to the finance minister, the plan is intended to ease the pain of Nigerians.
The minister noted that the expansion of the direct cash transfer aims to reach a wider population struggling with the economic situation and to put more money directly in the hands of those who need it most, allowing them to prioritize their needs and alleviate poverty.
He said: “The only thing delaying that is not waiting for the end of the report. It is something that the intervention is meant to happen immediately.
“We have experts in technology, the commitment was to make sure that we use technology to ensure that we have a seamless payment, a seamless movement between the registered and the direct beneficiaries, without any manual processes in between. So it’s taking time to automate that process immediately that direct payment will resume”.
