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Home » News » Nigerian Government Allocates N4 Billion for Conditional Cash Transfers to Support Vulnerable Households

Nigerian Government Allocates N4 Billion for Conditional Cash Transfers to Support Vulnerable Households

January 23, 2025
in News
Reading Time: 2 mins read

The Federal Government has announced a fresh N4 billion intervention funds for conditional cash transfers to vulnerable households in the country.

Minister of Humanitarian Affairs and Poverty Reduction, Professor Nentawe Yilwada, who made the announcement during the launch of the 2025 Nigeria Humanitarian Needs and Response Plan at the United Nations House in Abuja on Thursday, said the interventions aimed at addressing the country’s deepening humanitarian crisis.

Yilwatda stated that the initiative is expected to support at least 10 million displaced households, primarily targeting the most vulnerable members of society.

He further noted that the conditional cash transfer programme will commence in February and continue through April, with the main focus being on alleviating the immediate needs of families affected by displacement, particularly in the 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,” the Minister said.

“Furthermore, a N4bn provision has been approved to support vulnerable groups through cash transfers, targeting families affected by natural disasters and other crises. These interventions are part of the government’s broader strategy to alleviate poverty and provide relief to those in urgent need.”

He added that the government has also approved N2bn in interest-free loans for farmers, specifically those in rural communities, to boost food production and self-sufficiency.

“Additionally, the government has allocated N2bn to provide interest-free loans to farmers in rural communities. These loans will range from N300,000 to N400,000 per household, helping farmers access necessary resources and linking them to market opportunities.

“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,” he added.

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