“In The Next Few Weeks, 21k Nigerians Will Receive N300k Each -Details

“In the next few weeks, 21,000 Nigerians will receive interest-free, collateral-free loans of ₦300,000 each.

“This intervention is designed to support farmers and strengthen communities

Those were the words of the Minister of State for Humanitarian Affairs and Poverty Reduction, Yusuf Sununu.

He stated this today in Abuja during a roundtable marking the International Day for Disaster Risk Reduction.

Sununu said the initiative aims to cushion the impact of flooding and enhance food security nationwide.

The minister spoke further, revealing that the Federal Government, through the National Social Investment Programme, has reached over 8.1 million households with more than ₦300 billion in Conditional Cash Transfers.

READ ALSO: Planned Strike: Will Nigeria Labour Congress Betray Nigerians?

READ ALSO: Naija Latest: State Government Goes Spiritual Over Economic Hardship

“This support has improved the resilience, health, and education of many vulnerable households. The process will continue under the Hope Agenda of Mr. President,” Sununu added.

On plans to empower internally displaced persons, the minister said:

“Under our new collaboration with the Federal Ministry of Agriculture, IDPs will retain 30% of their produce while the government will off-take 70%, providing direct cash payments to the participants,” he explained.