W’Bank: FG pays N658.9bn to 10.46m poor households

The World Bank has commended the Federal Government for disbursing N658.9bn in direct cash transfers to 10.46 million poor and vulnerable households as of September 2026. However, it has urged the authorities to strengthen the programme through wider coverage, adequate payments, and consistent disbursements. The World Bank emphasized the need for building a sustainable social protection system that provides regular support to vulnerable Nigerians rather than relying primarily on emergency interventions.

The report highlights the importance of social protection and effective public service delivery in cushioning households against financial hardship, but warns that the impact of such interventions depends on the number of people reached, the adequacy of the assistance, and the regularity of payments.

Brief written by urgent.news from Punch Nigeria's own syndicated text. Machine-written — may contain errors; check the original before relying on it.