News
Cash transfer: No payment for people without BVN, NIN – FG
The Federal Government has announced that only individuals with the National Identification Number and the Bank Verification Number will be eligible to receive payments under the Conditional Cash Transfer scheme.
This is part of the government’s efforts to ensure that payments are made directly to beneficiaries and to prevent fraud.
The government is also removing beneficiaries who have exited the poverty line and dead beneficiaries from the register, according to Special Adviser on Media and Publicity to the Minister of Humanitarian Affairs and Poverty Alleviation, Rasheed Olanrewaju.
Olanrewaju said that the government is using a verified expanded register with pensioners, veterans, and other vulnerable persons who were not captured in the previous register.
The CCT scheme is a social safety net program that provides cash transfers to poor and vulnerable households in Nigeria. The program is designed to help these households meet their basic needs and improve their living standards.
The government has expanded the National Social Register to include pensioners, ex-servicemen, and other vulnerable persons not captured in the previous register. This will ensure that more people benefit from the CCT scheme.
Payments under the CCT scheme will be made directly to beneficiaries through the Central Bank of Nigeria, and not through consultants. The government has also put in place other measures to ensure transparency and accountability, such as requiring beneficiaries to have a BVN and NIN.
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