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Nigeria's Conditional Cash Transfer program provides targeted cash transfers to the most vulnerable households with the long-term goal of lifting millions out of poverty. A monthly stipend of N5,000 ($13.89) is given to households in poverty-stricken communities along with an additional N5,000 for families designated as priorities or extreme cases.
Conditional cash transfer ( CCT) programs aim to reduce poverty by making welfare programs conditional upon the receivers' actions. The government (or a charity) only transfers the money to persons who meet certain criteria. These criteria may include enrolling children into public schools, getting regular check-ups at the doctor's office ...
51–200. Website. www .newincentives .org. New Incentives is a non-governmental organization (NGO) that operates in Nigeria, running a conditional cash transfer (CCT) program. They aim to increase infantile vaccination through cash transfers, raising public awareness and reducing the frequency of vaccine stockout. [1]
In 2021, the Federal Government introduced another Npower category known as N-knowledge and, it is targeted at Nigerian youths. The aim is to help youths learn computer hardware skills that are profitable and employable. Npower has been able to successfully train 1,500 Youths and also gave them tools such as Laptops to each beneficiary.
Yemi Osinbajo. Oluyemi Oluleke Osinbajo SAN GCON (born 8 March 1957) is a Nigerian lawyer, professor, and politician who served as the 14th vice president of Nigeria from 2015 to 2023. [1] A member of the All Progressives Congress (APC), he previously served as Attorney General of Lagos State from 1999 to 2007 and holds the title of Senior ...
Universal basic income ( UBI) [ note 1] is a social welfare proposal in which all citizens of a given population regularly receive a minimum income in the form of an unconditional transfer payment, i.e., without a means test or need to work. [ 2][ 3][ 4] In contrast a guaranteed minimum income is paid only to those who do not already receive an ...
An important part of its subject matter is the system of transfer payments or grants by which a central government shares its revenues with lower levels of government. Federal governments use this power to enforce national rules and standards. There are two primary types of transfers, conditional and unconditional.
Under this program, poorer families receive a direct cash payment via a government issued debit card. Bolsa Família is a conditional cash transfer program, meaning that beneficiaries receive their aid if they accomplish certain actions. Families who receive the aid must put their children in school and participate in vaccination programs.