NSIPA National Coordinator and Chief Executive Officer, Badamasi Lawal, said the disbursement was in line with President Bola Tinubu’s Renewed Hope Agenda, as he explained that the Federal Government had in August 2024 paid N3.83bn to 153,038 households.
“The Renewed Hope Conditional Cash Transfer is aimed to cushion the economic shocks of the beneficiaries who are mostly the poor and vulnerable Nigerian households,” the statement added.
Lawal said in addition to reducing poverty, the programme is expected to improve household finances and promote savings.
“The health benefits provide opportunities for the beneficiaries to improve their health and nutritional services. The emotional and social benefits include livelihood, interpersonal relationship and family happiness,” the statement read.
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