Newscenter Media News The Minister of Finance and the Coordinating Minister of the Economy, Wale Edun, said on Thursday 25 million Nigerians have so far received the ₦25,000 conditional cash transfer.
Edun disclosed this to State House Correspondents shortly after the National Economic Council meeting chaired by Vice President Kashim Shettima in Abuja.
He listed the steps taken by President Bola Tinubu’s administration to provide relief for Nigerians following the hardship occasioned by the removal of subsidies and other policy initiatives of the government.
According to him, five million households have benefited from the direct cash transfer.
READ ALSO: Economic hardship: Nigeria to restart direct cash transfer to 12 million homes
The minister said at least 11,000 people have received ₦3.5 billion from the consumer credit scheme.
He also revealed that ₦90 billion has so far been disbursed to 500,000 Nigerian students under the student loan scheme.
By: Babajide Okeowo
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