Abuja, Sept. 17, 2025 — The Federal Government has disbursed ₦330 billion in conditional cash transfers to poor and vulnerable Nigerians, restoring momentum to its national social protection programme.
Minister of Finance and Coordinating Minister of the Economy, Wale Edun, announced this on Wednesday in Abuja during a meeting of the Special Presidential Panel on the Social Investment Programme.
Edun explained that the initiative, managed by the National Social Safety-Net Coordinating Office (NASSCO), is designed to cushion the impact of rising living costs on the most vulnerable groups.
“We are pleased to report that the social protection programme, put in place as a safety net to help people cope with the rising price level, is now firmly back on track,” he said.
According to the minister, 19.7 million poor and vulnerable households, representing over 70 million individuals, are captured in the National Social Register, making it one of the largest databases of its kind in Africa.
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The transfers, financed through an $800 million World Bank facility, have so far reached 15 million households. Of these, 8.5 million households have received at least one tranche of ₦25,000, with several already benefiting from two or three payments. The remaining seven million households are expected to be paid before the end of the year.
Edun stressed that the scheme is anchored on transparency and sustainability, with beneficiaries verified through their National Identity Numbers (NINs) and funds disbursed digitally via bank accounts or mobile wallets.
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