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FG announces special grant of N25,000 for vulnerable pensioners

by Alice Babalola

The Federal Government has introduced a special grant of N25,000 each to support vulnerable pensioners in Nigeria through its Conditional Cash Transfer (CCT) Scheme.

The announcement was made by the Minister of Humanitarian Affairs and Poverty Alleviation, Dr. Betta Edu, during a meeting with the leadership of the Nigerian Labour Congress (NLC) in Abuja.

Dr. Edu revealed that President Bola Tinubu had emphasized the importance of including vulnerable pensioners in the National Social Register and providing them with financial support through the CCT.

This commitment was made during the President’s Independence Day speech, where he pledged N25,000 for 15 million households for a duration of three months.

The minister expressed the government’s desire to expand the national social register to encompass vulnerable pensioners as part of the Renewed Hope Agenda.

She called on the NLC to assist in the swift collection of data for these potential beneficiaries, ensuring that they can begin receiving CCT payments as early as November.

Dr. Edu commended the NLC’s leadership for their cooperative approach and stressed the importance of collective efforts in moving Nigeria forward.

She encouraged the NLC to maintain faith in the Tinubu Administration’s commitment to addressing the needs of vulnerable groups in the country.

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