{"id":108722,"date":"2023-10-17T17:55:06","date_gmt":"2023-10-17T16:55:06","guid":{"rendered":"https:\/\/pointblanknews.com\/pbn\/?p=108722"},"modified":"2023-10-17T17:55:06","modified_gmt":"2023-10-17T16:55:06","slug":"fg-launches-conditional-cash-transfer-for-15-million-vulnerable-households","status":"publish","type":"post","link":"https:\/\/pointblanknews.com\/pbn\/news\/fg-launches-conditional-cash-transfer-for-15-million-vulnerable-households\/","title":{"rendered":"FG Launches Conditional Cash Transfer For 15 Million Vulnerable Households"},"content":{"rendered":"
The Federal Government has launched the \u201cRenewed Hope Conditional Cash Transfer\u201d for 15 million vulnerable Nigerian households.<\/p>\n

The launch, which coincided with the World Poverty Eradication Day, took place at the Press Gallery of the State House in Abuja on Tuesday.<\/p>\n

President Bola Tinubu, who was represented by the Secretary to the Government of the Federation (SGF), George Akume, said it was in fulfillment of his Independence Day broadcast to Nigerians on October 1, where he announced the cash transfer programme which would target vulnerable citizens.<\/p>\n

Minister of Humanitarian Affairs and Poverty Eradication, Betta Edu, said the 15 million households represent 62 million Nigerians.<\/p>\n

According to Edu, the plan was to transfer the sum of N25,000 to the beneficiaries on a monthly basis for three months, amounting to N75,000 for each of the beneficiaries.<\/p>\n

She disclosed that another scheme would soon be launched code-named \u201cIya Loja Funds\u201d which would provide soft loans of N50,000 to support petty traders.<\/p>\n

The Country Director of the World Bank, Chaudhuri, pledged his organisation\u2019s support to the scheme.<\/p>\n

The finance minister said a biometric auditing system would be put in place to ensure efficiency and accountability in the disbursement of the funds to beneficiaries.<\/p>\n

In Nigeria, 40.1 per cent of people are poor, according to the 2018\/2019 national monetary poverty line, and 63 per cent are multi-dimensionally poor, according to the National MPI 2022.<\/p>\n

Multidimensional poverty is higher in rural areas, where 72 per cent of people are poor, compared to 42 per cent of people in urban areas.<\/p>\n

<\/div>\n
<\/div>\n<\/div>\n","protected":false},"excerpt":{"rendered":"

The Federal Government has launched the \u201cRenewed Hope Conditional Cash Transfer\u201d for 15 million vulnerable Nigerian households. The launch, which coincided with the World Poverty Eradication Day, took place at…<\/p>\n","protected":false},"author":1,"featured_media":108723,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_lmt_disableupdate":"","_lmt_disable":"","footnotes":""},"categories":[5],"tags":[],"class_list":["post-108722","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news"],"yoast_head":"\nFG Launches Conditional Cash Transfer For 15 Million Vulnerable Households - Pointblank News<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/pointblanknews.com\/pbn\/news\/fg-launches-conditional-cash-transfer-for-15-million-vulnerable-households\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"FG Launches Conditional Cash Transfer For 15 Million Vulnerable Households - Pointblank News\" \/>\n<meta property=\"og:description\" content=\"The Federal Government has launched the \u201cRenewed Hope Conditional Cash Transfer\u201d for 15 million vulnerable Nigerian households. The launch, which coincided with the World Poverty Eradication Day, took place at…\" \/>\n<meta property=\"og:url\" content=\"https:\/\/pointblanknews.com\/pbn\/news\/fg-launches-conditional-cash-transfer-for-15-million-vulnerable-households\/\" \/>\n<meta property=\"og:site_name\" content=\"Pointblank News\" \/>\n<meta property=\"article:published_time\" content=\"2023-10-17T16:55:06+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/pointblanknews.com\/pbn\/wp-content\/uploads\/2023\/10\/8aedcd0301d95a62.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"1000\" \/>\n\t<meta property=\"og:image:height\" content=\"500\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Our Reporter\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Our Reporter\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/pointblanknews.com\/pbn\/news\/fg-launches-conditional-cash-transfer-for-15-million-vulnerable-households\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/pointblanknews.com\/pbn\/news\/fg-launches-conditional-cash-transfer-for-15-million-vulnerable-households\/\"},\"author\":{\"name\":\"Our Reporter\",\"@id\":\"https:\/\/pointblanknews.com\/pbn\/#\/schema\/person\/ba61acbe7e8967bcf3f3ba603d9db23c\"},\"headline\":\"FG Launches Conditional Cash Transfer For 15 Million Vulnerable Households\",\"datePublished\":\"2023-10-17T16:55:06+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/pointblanknews.com\/pbn\/news\/fg-launches-conditional-cash-transfer-for-15-million-vulnerable-households\/\"},\"wordCount\":254,\"commentCount\":0,\"image\":{\"@id\":\"https:\/\/pointblanknews.com\/pbn\/news\/fg-launches-conditional-cash-transfer-for-15-million-vulnerable-households\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/pointblanknews.com\/pbn\/wp-content\/uploads\/2023\/10\/8aedcd0301d95a62.jpg\",\"articleSection\":[\"News\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\/\/pointblanknews.com\/pbn\/news\/fg-launches-conditional-cash-transfer-for-15-million-vulnerable-households\/#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/pointblanknews.com\/pbn\/news\/fg-launches-conditional-cash-transfer-for-15-million-vulnerable-households\/\",\"url\":\"https:\/\/pointblanknews.com\/pbn\/news\/fg-launches-conditional-cash-transfer-for-15-million-vulnerable-households\/\",\"name\":\"FG Launches Conditional Cash Transfer For 15 Million Vulnerable Households - Pointblank News\",\"isPartOf\":{\"@id\":\"https:\/\/pointblanknews.com\/pbn\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/pointblanknews.com\/pbn\/news\/fg-launches-conditional-cash-transfer-for-15-million-vulnerable-households\/#primaryimage\"},\"image\":{\"@id\":\"https:\/\/pointblanknews.com\/pbn\/news\/fg-launches-conditional-cash-transfer-for-15-million-vulnerable-households\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/pointblanknews.com\/pbn\/wp-content\/uploads\/2023\/10\/8aedcd0301d95a62.jpg\",\"datePublished\":\"2023-10-17T16:55:06+00:00\",\"author\":{\"@id\":\"https:\/\/pointblanknews.com\/pbn\/#\/schema\/person\/ba61acbe7e8967bcf3f3ba603d9db23c\"},\"breadcrumb\":{\"@id\":\"https:\/\/pointblanknews.com\/pbn\/news\/fg-launches-conditional-cash-transfer-for-15-million-vulnerable-households\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/pointblanknews.com\/pbn\/news\/fg-launches-conditional-cash-transfer-for-15-million-vulnerable-households\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/pointblanknews.com\/pbn\/news\/fg-launches-conditional-cash-transfer-for-15-million-vulnerable-households\/#primaryimage\",\"url\":\"https:\/\/pointblanknews.com\/pbn\/wp-content\/uploads\/2023\/10\/8aedcd0301d95a62.jpg\",\"contentUrl\":\"https:\/\/pointblanknews.com\/pbn\/wp-content\/uploads\/2023\/10\/8aedcd0301d95a62.jpg\",\"width\":1000,\"height\":500},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/pointblanknews.com\/pbn\/news\/fg-launches-conditional-cash-transfer-for-15-million-vulnerable-households\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/pointblanknews.com\/pbn\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"FG Launches Conditional Cash Transfer For 15 Million Vulnerable Households\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/pointblanknews.com\/pbn\/#website\",\"url\":\"https:\/\/pointblanknews.com\/pbn\/\",\"name\":\"Pointblank News\",\"description\":\"Just the news\",\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/pointblanknews.com\/pbn\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":\"Person\",\"@id\":\"https:\/\/pointblanknews.com\/pbn\/#\/schema\/person\/ba61acbe7e8967bcf3f3ba603d9db23c\",\"name\":\"Our Reporter\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/pointblanknews.com\/pbn\/#\/schema\/person\/image\/\",\"url\":\"https:\/\/secure.gravatar.com\/avatar\/83b3820ef93d502ae3a617b2c881ca42?s=96&d=mm&r=g\",\"contentUrl\":\"https:\/\/secure.gravatar.com\/avatar\/83b3820ef93d502ae3a617b2c881ca42?s=96&d=mm&r=g\",\"caption\":\"Our Reporter\"},\"url\":\"https:\/\/pointblanknews.com\/pbn\/author\/admin\/\"}]}<\/script>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"FG Launches Conditional Cash Transfer For 15 Million Vulnerable Households - Pointblank News","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/pointblanknews.com\/pbn\/news\/fg-launches-conditional-cash-transfer-for-15-million-vulnerable-households\/","og_locale":"en_US","og_type":"article","og_title":"FG Launches Conditional Cash Transfer For 15 Million Vulnerable Households - Pointblank News","og_description":"The Federal Government has launched the \u201cRenewed Hope Conditional Cash Transfer\u201d for 15 million vulnerable Nigerian households. The launch, which coincided with the World Poverty Eradication Day, took place at…","og_url":"https:\/\/pointblanknews.com\/pbn\/news\/fg-launches-conditional-cash-transfer-for-15-million-vulnerable-households\/","og_site_name":"Pointblank News","article_published_time":"2023-10-17T16:55:06+00:00","og_image":[{"width":1000,"height":500,"url":"https:\/\/pointblanknews.com\/pbn\/wp-content\/uploads\/2023\/10\/8aedcd0301d95a62.jpg","type":"image\/jpeg"}],"author":"Our Reporter","twitter_misc":{"Written by":"Our Reporter","Est. reading time":"1 minute"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/pointblanknews.com\/pbn\/news\/fg-launches-conditional-cash-transfer-for-15-million-vulnerable-households\/#article","isPartOf":{"@id":"https:\/\/pointblanknews.com\/pbn\/news\/fg-launches-conditional-cash-transfer-for-15-million-vulnerable-households\/"},"author":{"name":"Our Reporter","@id":"https:\/\/pointblanknews.com\/pbn\/#\/schema\/person\/ba61acbe7e8967bcf3f3ba603d9db23c"},"headline":"FG Launches Conditional Cash Transfer For 15 Million Vulnerable Households","datePublished":"2023-10-17T16:55:06+00:00","mainEntityOfPage":{"@id":"https:\/\/pointblanknews.com\/pbn\/news\/fg-launches-conditional-cash-transfer-for-15-million-vulnerable-households\/"},"wordCount":254,"commentCount":0,"image":{"@id":"https:\/\/pointblanknews.com\/pbn\/news\/fg-launches-conditional-cash-transfer-for-15-million-vulnerable-households\/#primaryimage"},"thumbnailUrl":"https:\/\/pointblanknews.com\/pbn\/wp-content\/uploads\/2023\/10\/8aedcd0301d95a62.jpg","articleSection":["News"],"inLanguage":"en-US","potentialAction":[{"@type":"CommentAction","name":"Comment","target":["https:\/\/pointblanknews.com\/pbn\/news\/fg-launches-conditional-cash-transfer-for-15-million-vulnerable-households\/#respond"]}]},{"@type":"WebPage","@id":"https:\/\/pointblanknews.com\/pbn\/news\/fg-launches-conditional-cash-transfer-for-15-million-vulnerable-households\/","url":"https:\/\/pointblanknews.com\/pbn\/news\/fg-launches-conditional-cash-transfer-for-15-million-vulnerable-households\/","name":"FG Launches Conditional Cash Transfer For 15 Million Vulnerable Households - Pointblank News","isPartOf":{"@id":"https:\/\/pointblanknews.com\/pbn\/#website"},"primaryImageOfPage":{"@id":"https:\/\/pointblanknews.com\/pbn\/news\/fg-launches-conditional-cash-transfer-for-15-million-vulnerable-households\/#primaryimage"},"image":{"@id":"https:\/\/pointblanknews.com\/pbn\/news\/fg-launches-conditional-cash-transfer-for-15-million-vulnerable-households\/#primaryimage"},"thumbnailUrl":"https:\/\/pointblanknews.com\/pbn\/wp-content\/uploads\/2023\/10\/8aedcd0301d95a62.jpg","datePublished":"2023-10-17T16:55:06+00:00","author":{"@id":"https:\/\/pointblanknews.com\/pbn\/#\/schema\/person\/ba61acbe7e8967bcf3f3ba603d9db23c"},"breadcrumb":{"@id":"https:\/\/pointblanknews.com\/pbn\/news\/fg-launches-conditional-cash-transfer-for-15-million-vulnerable-households\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/pointblanknews.com\/pbn\/news\/fg-launches-conditional-cash-transfer-for-15-million-vulnerable-households\/"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/pointblanknews.com\/pbn\/news\/fg-launches-conditional-cash-transfer-for-15-million-vulnerable-households\/#primaryimage","url":"https:\/\/pointblanknews.com\/pbn\/wp-content\/uploads\/2023\/10\/8aedcd0301d95a62.jpg","contentUrl":"https:\/\/pointblanknews.com\/pbn\/wp-content\/uploads\/2023\/10\/8aedcd0301d95a62.jpg","width":1000,"height":500},{"@type":"BreadcrumbList","@id":"https:\/\/pointblanknews.com\/pbn\/news\/fg-launches-conditional-cash-transfer-for-15-million-vulnerable-households\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/pointblanknews.com\/pbn\/"},{"@type":"ListItem","position":2,"name":"FG Launches Conditional Cash Transfer For 15 Million Vulnerable Households"}]},{"@type":"WebSite","@id":"https:\/\/pointblanknews.com\/pbn\/#website","url":"https:\/\/pointblanknews.com\/pbn\/","name":"Pointblank News","description":"Just the news","potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/pointblanknews.com\/pbn\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Person","@id":"https:\/\/pointblanknews.com\/pbn\/#\/schema\/person\/ba61acbe7e8967bcf3f3ba603d9db23c","name":"Our Reporter","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/pointblanknews.com\/pbn\/#\/schema\/person\/image\/","url":"https:\/\/secure.gravatar.com\/avatar\/83b3820ef93d502ae3a617b2c881ca42?s=96&d=mm&r=g","contentUrl":"https:\/\/secure.gravatar.com\/avatar\/83b3820ef93d502ae3a617b2c881ca42?s=96&d=mm&r=g","caption":"Our Reporter"},"url":"https:\/\/pointblanknews.com\/pbn\/author\/admin\/"}]}},"_links":{"self":[{"href":"https:\/\/pointblanknews.com\/pbn\/wp-json\/wp\/v2\/posts\/108722","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/pointblanknews.com\/pbn\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/pointblanknews.com\/pbn\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/pointblanknews.com\/pbn\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/pointblanknews.com\/pbn\/wp-json\/wp\/v2\/comments?post=108722"}],"version-history":[{"count":0,"href":"https:\/\/pointblanknews.com\/pbn\/wp-json\/wp\/v2\/posts\/108722\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/pointblanknews.com\/pbn\/wp-json\/wp\/v2\/media\/108723"}],"wp:attachment":[{"href":"https:\/\/pointblanknews.com\/pbn\/wp-json\/wp\/v2\/media?parent=108722"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/pointblanknews.com\/pbn\/wp-json\/wp\/v2\/categories?post=108722"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/pointblanknews.com\/pbn\/wp-json\/wp\/v2\/tags?post=108722"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}