NEWS

FG Announces N25,000 Grant To Vulnerable Pensioners

The Federal Government has disclosed a unique grant of N25,000 for each vulnerable pensioner in the nation through its Conditional Cash Transfer (CCT) Scheme.

Dr. Betta Edu, the Minister of Humanitarian Affairs and Poverty Alleviation, made this announcement during her meeting with the leadership of the Nigerian Labour Congress (NLC), headed by its President, Joe Ajaero, in Abuja.

“President Bola Tinubu mentioned very clearly that vulnerable pensioners should be immediately captured on the National social Register and benefit from the CCT.

“As part of social safety net, this was made clear in his speech on Independence Day where he committed 25000 Naira for 15million household for three months”, she said.

Edu conveyed to the labour union leadership that the aspiration to incorporate vulnerable pensioners into the CCT scheme by expanding the national social register is a key component of the renewed hope agenda. Consequently, she urged the NLC to assist in expediting the collection of data for prospective beneficiaries among vulnerable pensioners, enabling them to commence receiving CCT benefits.

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