Home BUSINESS FG to pay 24.3 million poor Nigerians N729bn — Minister

FG to pay 24.3 million poor Nigerians N729bn — Minister

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Floods: Niger Delta Reps call for resignation of Farouq
Floods: Niger Delta Reps call for resignation of Farouq

The Federal Government on Tuesday said about 24.3 million poor Nigerians would get N5,000 each for a period of six months. This translates to N729bn within the six-month period.

Minister of Humanitarian Affairs, Disaster Management and Social Development, Sadiya Farouq, disclosed this at the inauguration of the Federal Government’s emergency intervention database for the urban poor.A statement issued in Abuja by the minister’s aide, Nneka Anibeze, said the intervention would serve as cushion for those further impoverished by the COVID-19 pandemic.

“According to records, about 24.3 million poor and vulnerable individuals were identified at the end of 2020 and registered into the National Social Register.Each beneficiary will receive N5,000 for a period of six months.”