The Federal Government says it aims to target 15 million households under its updated social safety net project tagged “Conditional Cash Transfer ( CCT)
The Minister of Humanitarian Affairs and Poverty Alleviation, Dr Betta Edu, stated this in Abuja on a visit to the the World Bank Country Director, Mr. Shubham Chaudhuri.
Dr Edu thanked the World bank Country Director for the continuous support extended to Nigeria especially in the areas of Education, health, agriculture, private sector development, social services among others.
She solicted the support of World bank to verify and expand the National Social Register (NSR) as well as its technical support to help Nigeria achieve its mandate.
She told the world bank team of the Renewed Hope agenda of President Bola Ahmed Tinubu that led to the renaming the Ministry to Humanitarian Affairs and Poverty Alleviation to directly focus on the people and lift them out of poverty.
“The Ministry is preparing to host the Humanitarian Dialogue as well as creation of the Renewed Hope Humanitarian and Poverty Alleviation Trust Fund (HPATF).
“The Trust Fund is expected to come from fFederal Government budgetary provision and allocation, Development partners, international community, taxes, private sector contribution among others.
The world Bank Country Director,Mr Shubham Chaudhuri, pledged to provide all the needed support for the new Minister to deliver on the new focus of the Ministry.
“The proposed disbursement of $800M for the Social Safety Nets Project will commence soonest.
“We will support the verification and scaling up of the National Social Register, provide technical support in the preparation of the Ministry to attend UNGA and give specialized backing for the establishment of the Trust Fund”