As of January 2025, the number of Nigerians benefiting from the Federal Government’s cash transfer programme under the National Social Safety Net Program-Scale Up (NASSP-SU) has increased to 32.21 million, according to the most recent World Bank Implementation Status & Results Report.
Released on January 29, 2025, the report indicates that the cash transfer initiative, aimed at supporting poor and vulnerable households, has continued to expand despite initial implementation delays, covering over 5 million households in the country.
The program, implemented by the Federal Ministry of Humanitarian Affairs and Poverty Alleviation, is designed to provide financial relief to low-income households while strengthening Nigeria’s social safety net system.
The report read, “The direct benefit transfer program to date has supported over 5 million households. Following the CBN circular of December 2023, mandating the use of NIN or BVN to operate an account after March 2024, and the recommendation from the presidential panel, all transfers since March 2024 are made to beneficiaries whose NIN or BVN have been verified. About 1.4 million households, part of the total 5 million, have received a second and third tranche of support.”
