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FG’s N5,000 Cash Transfer Scheme Not Effective—World Bank

conditional cash transfer scheme

By Adedapo Adesanya The World Bank has knocked the federal government’s N5,000 conditional cash transfer scheme, saying it had little impact on household consumption and financial inclusion. In its latest report Beta Don Come: Effects of Cash Transfers on Women and Households in Nigeria, the global lender said the intervention, which was targeted at the most vulnerable citizens in the country, had a limited impact on employment, especially for women. Recall that the federal government under former President Muhammadu Buhari launched the National Social Safety Nets Project (NASSP) in 2016 and throughout the administration, it claimed it had provided households with

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