Posted By; Akinwale Akintayo
₦600bn Subsidy Relief: FG Disburses Cash Transfers to 9 Million Households
The Federal Government has disclosed that more than ₦600 billion in cash transfers has been disbursed to slightly over nine million households across the country. The massive financial intervention was designed as a critical stabilization measure to cushion vulnerable citizens against the severe economic shocks accompanying recent national reforms.
The Minister of Humanitarian Affairs and Poverty Reduction, Dr. Bernard Doro, made this disclosure during a live broadcast on Channels Television’s Politics Today. Speaking on the program, Doro stoutly defended the current administration’s welfare initiatives amid widespread public concerns over the soaring cost of living and rising poverty levels nationwide.
According to the Minister, the extensive cash payout was distributed in three separate tranches to ensure immediate relief reached the poor. He explained that the program became an operational necessity following the immediate removal of the fuel subsidy and the unification of the foreign exchange market, both of which disrupted household economies.
Despite the scale of the financial deployment, Doro admitted that the government has yet to determine the exact number of beneficiaries officially lifted out of poverty. He revealed that national planning still relies heavily on the 2022 multidimensional poverty assessment data, but confirmed that a comprehensive review has been commissioned to update the figures.
To address these data gaps and eliminate corruption, the Ministry is actively overhauling the nation’s social protection architecture. The government has introduced the "One Humanitarian, One Poverty Response System," a unified strategy engineered to end systemic fragmentation and stop different agencies from running duplicate, inefficient welfare schemes.
A central pillar of this new reform is the Unified National Social Registry, which acts as a secure database to isolate and target genuinely vulnerable Nigerians. Under this structure, eligible citizens are enrolled and systematically tracked through specialized "growth and exit registers" until they successfully graduate from poverty into self-reliance.
Defending the broader macroeconomic policies, the Minister asserted that the administration`s tough fiscal decisions are finally yielding positive indicators. He noted that inflation has begun a downward trajectory, falling from a peak of over 34 per cent to about 15 per cent in recent cycles, thereby gradually restoring purchasing power to ordinary citizens.
Reassuring the public, Doro emphasized that sustainable poverty eradication takes time, citing China’s forty-year reform journey as a historical benchmark. He reiterated that the Federal Government will maintain shock-responsive cash transfers as a short-term shield while longer-term infrastructural and economic mechanisms take full effect.










