Abuja: The National Cash Transfer Office in Niger has announced that at least 150,000 vulnerable households will receive N75,000 each under the Federal Government’s Renewed Hope Economic Shocks Response Initiative. Malam Sulaiman Kpange, the Programme Manager of Cash Transfer in Niger, made this revelation during a distribution event for 19,000 debit cards to beneficiaries in Paiko Local Government.
According to News Agency of Nigeria, the initiative aims to mitigate the impact of economic shocks on vulnerable households. Kpange stated that over 50,000 vulnerable individuals have already been issued debit cards across the 25 local government areas in the state. The beneficiaries include those listed in the National Social Register and individuals who applied through the Rapid Response Register.
Kpange noted that selected beneficiaries are required to have a valid national identity card to receive a debit card. He expressed gratitude to the Federal and Niger State Governments for their logistical support in facilitating the programme.
Beneficiaries such as Bahago Musa and Hadiza Nawa have expressed their appreciation for the Federal Government’s financial support. “We are grateful for the support given to us by the Federal Government,” Musa said.
The News Agency of Nigeria reports that this initiative is part of the Federal Government’s broader efforts to provide direct financial assistance to vulnerable households, helping them manage the economic challenges resulting from subsidy removal.