Coinciding with the World Poverty Eradication Day, President Bola Tinubu has launched the Renewed Hope Conditional Cash Transfer for 15 million households.
According to the humanitarian affairs minister, Betta Edu, The fifteen million households represent sixty two million Nigerians, stressing that the sum of twenty five thousand naira would be transferred to the beneficiaries on a monthly basis for three months, which amounts to seventy five thousand naira for each of the beneficiaries.
Recall that the President had in his maiden Independence Day broadcast to Nigerians on 1st of October, announced the cash transfer programme which he said would target vulnerable citizens.
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