Subsidy: 230,000 households to get FG’s N25,000 monthly in Kogi

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About 230,411 households are expected to receive the Federal Government’s N25,000 monthly as palliative for fuel subsidy removal in Kogi.

The National Enrolment Manager, National Cash Transfer Office (NCTO), Hajiya Sadiya Abdullahi, said this when she spoke with newsmen during the enrolment for targeted beneficiaries on Thursday in Lokoja.

She said the programme, tagged: “Renewed Hope Initiative Intervention”, was leveraging the National Social Safety Net project structure.

This, she said would enable Tinubu to fulfil his promise of cushioning the economy shock of fuel subsidy removal.

”Over 15 million households across the country will benefit from the N25,000 monthly disbursement for three months in the first phase,” she said.

Abdullahi said that the beneficiaries were sourced from the verified National Social Safety Net Coordinating Office (NASSCO).

“In Nigeria, a total number of 15 million will be supported through one primary recipient per household.

“In Kogi, we have a total of 230,411 beneficiaries for the first phase of the intervention which is one third of the total number of beneficiaries to be captured.

“This activity is transparency and accountability process; you can see we have displayed the list of beneficiaries both banked and unbanked so as to enrol them for payment.

“The system is fully digital, and the unbanked beneficiaries are supported to have bank accounts for financial inclusion,” she said.

Also speaking, Mrs Bridget James, the Head of Operation, Kogi Cash Transfer Unit, said the exercise was meant to display the list of beneficiaries and proceed with their data capturing

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