President Bola Tinubu launched the Renewed Hope Conditional Cash Transfer programme to uplift 15 million poor and vulnerable Nigerian households.
This is alleviate the impact of fuel subsidy removal and tackle economic shocks that have affected Nigerians.
He was represented at the launch by the Secretary to the Government of the Federation (SGF), George Akume, which held during the International Day for the Eradication of Poverty
“My government will lead from the front in seeking to ensure that all Nigerians have opportunities for dignified work and sustained social protection,” President Tinubu stated.
Minister for Humanitarian Affairs and Poverty Alleviation Betta Edu, praised Tinubu’s initiative. She also confirmed that the payment process will be made transparent through biometric verification.
Finance Minister Wale Edun stressed the urgency of poverty reduction, emphasizing efficient support distribution using biometrics.
World Bank’s Country Director, Shubham Chaudhuri, has applauded Nigeria’s move. He highlighting the importance of cash transfers in aiding the poor and vulnerable.
Beneficiaries like Okor Jonah and Larai Suleiman expressed gratitude for the program’s impact on their lives.
