1.6M HOUSEHOLDS ARE RECEIVING N5000 FROM THE GOVERNMENT MONTHLY- 16th Sep 2021, 08:26am
President Muhammadu Buhari has declared that 8 million people are at present benefiting under the contingent money move program (CCT).
What's more, the president likewise said 1.6 million families are presently getting a "every other month payment of N10,000″ from his administration. The CCT software engineer was set up to help poor and weak Nigerians with a month to month allowance of N5,000.
As per the workplace of the Vice-President, N5000 is paid month to month to the most weak families in the country. Buhari said this at the initial service of the fourteenth yearly banking and money gathering of Chartered Institute of Bankers of Nigeria (CIBN), on Tuesday.
Talking essentially, Buhari said the public social register had 32.6 million people from 7 million poor and weak families distinguished and consequently beseeched brokers to assume a part in further developing vocations. "From this number, 1.6 million poor and weak families, containing in excess of 8 million people, are as of now profiting from the Conditional Cash Transfer program, which pays an every other month allowance of N10,000 per family,'' he said.