The Federal Government of Nigeria has declared its intentions to give a special monetary grant of N25,000 each to pensioners who are in need. This grant will be provided through the government’s Conditional Cash Transfer (CCT) Scheme, which aims to help those in financial difficulty.
This announcement was made by the Minister of Humanitarian Affairs and Poverty Alleviation, Dr. Betta Edu. She communicated this during a meeting held in the capital city, Abuja, with leaders of the Nigerian Labour Congress (NLC). The NLC is a significant organization in Nigeria that stands up for the rights of workers. Its current President is Mr. Joe Ajaero.
In the course of their discussion, Dr. Betta Edu recalled a statement from the President, Bola Tinubu. The President had spoken about his wish for vulnerable retirees to be included in the National Social Register. The aim of this is to ensure that these elderly individuals receive benefits from the CCT Scheme. She added that this desire for support was not something new. In fact, the President had made a public commitment on Nigeria’s Independence Day. He promised to give N25,000 to 15 million households for a span of three months.
Dr. Edu clarified that this decision to extend help to vulnerable pensioners using the CCT scheme wasn’t an isolated idea. It was part of a bigger plan called the renewed hope agenda. This agenda seeks to offer support and hope to various sections of society who need it.
Given the importance of this project, Dr. Edu requested the Nigerian Labour Congress’s help. She emphasized the need for speed in gathering data about pensioners who should get this grant. The aim is to have everything ready, so the deserving pensioners can start getting their money as early as the next month, which is November.
Dr. Edu took the opportunity to praise Mr. Ajaero, the President of the NLC. She appreciated him for being a good team member. She believes that taking Nigeria towards a brighter future isn’t a job for one person or one group. Instead, it requires everyone to work together. As a result, she encouraged the leaders of the Nigerian Labour Congress to keep believing in and supporting the efforts of the Tinubu Administration.
In simple terms, the Federal Government has recognized that some retirees in Nigeria need financial help. To assist them, the government will give them a sum of N25,000. They are collaborating with important worker groups to make sure this help reaches the right people quickly. The goal is to start giving out this money in November. The government believes that with everyone working together, they can make a positive change in Nigeria
FAQs on FG announces N25,000 grant for vulnerable pensioners
Question: What is the amount of the grant?
Answer: The amount of the grant is N25,000.
Question: Who is eligible for the grant?
Answer: The grant is open to vulnerable pensioners. This includes pensioners who are:
- 70 years old or above
- Living below the poverty line
- Have no other source of income
Question: How can I apply for the grant?
Answer: To apply for the grant, you can visit the FG website or contact your local government office. You will need to provide some basic information, such as your name, age, and address. You may also need to provide proof of income and age.
Question: When will I receive the grant?
Answer: The FG has not yet announced a timeline for disbursing the grant. However, they have stated that they are working to get the money to eligible pensioners as soon as possible.
Question: What can I use the grant for?
Answer: The grant is meant to be used to help vulnerable pensioners meet their basic needs, such as food, shelter, and healthcare. You can use the money to buy food, pay rent, or pay for medical expenses.
Question: What if I have more questions?
Answer: If you have more questions about the grant, you can contact the FG website or your local government office.
- The grant is a one-time payment.
- The grant is not taxable.
- The grant is not open to pensioners who are receiving other government benefits, such as the National Social Insurance Trust Fund (NSITF) or the National Pension Commission (PENCOM).
If you are a vulnerable pensioner, I encourage you to apply for this grant. It can be a valuable source of financial assistance to help you meet your basic needs