ABUJA, Nigeria – The Federal Government has announced plans to disburse ₦54.9 billion this August to 2,196,474 households nationwide under the National Conditional Cash Transfer (CCT) Programme, a component of the National Social Investment Programme Agency (NSIPA).
Minister of State for Humanitarian Affairs and Poverty Reduction, Dr Yusuf Tanko Sununu, disclosed this during a courtesy visit by the Presidential Economic Advisory Council (PEAC), led by Director-General Prince Adeniyi Adeyemi, on Monday in Abuja.
Dr Sununu revealed that before this new phase, the government had already disbursed ₦419 billion to 5.9 million households under the CCT scheme.
He stressed that the process remains “unbiased and based on verifiable data.”
The Minister also announced plans under the Government Enterprise and Empowerment Programme (GEEP) to provide ₦300,000 collateral- and interest-free loans to 21,000 smallholder farmers for dry-season farming.
The initiative aims to mitigate flood damage to wet-season crops, enhance food security, and reduce poverty.
Highlighting wider funding pressures, Dr Sununu warned that foreign aid is declining even as disasters escalate. “The World Food Programme has given notice of suspending its Emergency Food Transfer, which assists 1.3 million Nigerians and supports over 300,000 children in North-East clinics,” he said. “We must have strong safety nets to cushion reforms and stabilise the economy.”
He confirmed that the Ministry will participate in the World Investment Summit scheduled for 17–21 November 2025 in Abuja.
Earlier, PEAC DG Prince Adeyemi described the Ministry as a strategic partner in poverty reduction and FDI mobilisation, noting the summit will be hosted in Nigeria for the next five years.
