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President Buhari: 1.6m households are receiving N5,000 from my govt monthly

President Buhari: 1.6m households are receiving N5,000 from my govt monthly



President Muhammadu Buhari has announced that eight million people are presently benefiting below the conditional cash switch programme (CCT).

In addition, the president also stated 1.6 million households are presently receiving a “bi-month-to-month stipend of N10,000″ from his authorities. The CCT programmer become established to benefit bad and vulnerable Nigerians with a monthly stipend of N5,000. 

Consistent with the office of the  Vice-President, N5000 is paid month-to-month to the most inclined households within the u . S . A .. Buhari stated this at the opening rite of the 14th annual banking and finance conference of Chartered Institute of Bankers of Nigeria (CIBN), on Tuesday.

Speakme clearly, Buhari said the country wide social check in had 32.6 million individuals from 7 million bad and prone households identified and therefore implored bankers to play a position in improving livelihoods. “From this number, 1.6 million bad and prone families, comprising extra than eight million individuals, are presently cashing in on the Conditional coins switch software, which will pay a bi-monthly stipend of N10,000 in step with family,’’ he said.

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