{
  "id": 3681448,
  "title": "FG says it disbursed over N600 billion to 10 million households in 3 years",
  "url": "https://urgent.news/2026/08/27/fg-says-it-disbursed-over-n600-billion-to-10-million-households-in-3",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-08-27T06:15:31.000Z",
  "source": {
    "name": "Nairametrics",
    "slug": "nairametrics",
    "url": "https://nairametrics.com/2026/08/27/fg-says-it-disbursed-over-n600-billion-to-10-million-households-in-3-years/"
  },
  "original_language": "en",
  "account": "The Federal Government has transferred more than N600 billion in cash to vulnerable Nigerians over the past three years, reaching about 10 million households, according to Minister of Humanitarian Affairs and Poverty Reduction, Bernard Doro. This announcement coincides with the launch of a new USD 1 billion social protection programme called the Household Prosperity and Empowerment Social Protection Project, or HOPE-SP, under the Renewed Hope Social Protection Programme. First Lady Oluremi Tinubu unveiled the new programme, which targets approximately 7.6 million vulnerable households across Nigeria. Each eligible household will receive a one-off digital shock-response transfer of N40,000. This marks a shift from traditional cash distribution to actively tracking household progress towards economic self-reliance. Doro defended the government's economic reforms, stating that the removal of petrol subsidies has contributed to greater economic stability. He rejected claims of seven million Nigerians falling into poverty under the current administration, emphasizing ongoing efforts to reduce inflation and rebuild the economy. To benefit from the HOPE-SP programme, households must be registered on the National Social Register and validated with a National Identification Number. The government is collaborating with the National Identity Management Commission to streamline NIN registration and enhance verification for eligible households. Doro's remarks come amid the government's efforts to expand social protection and poverty-reduction initiatives, including a recently unveiled USD 3.05 billion package aimed at poverty reduction, human capital strengthening, and cushioning vulnerable Nigerians from economic shocks. However, concerns have arisen regarding whether sufficient funding will reach the intended households as the government expands programs involving large-scale transfers and strives to move beneficiaries towards long-term economic empowerment.",
  "summary": "The Federal Government has disbursed more than N600 billion in cash transfers to vulnerable Nigerians over the past three years, reaching slightly over 10 million households. The post FG says it disbursed over N600 billion to 10 million households in 3 years appeared first on Nairametrics .",
  "key_points": [
    "Federal Government disbursed over N600 billion to 10 million households in 3 years",
    "HOPE-SP programme targets 7.6 million vulnerable households with N40,000 each",
    "Government defends economic reforms, rejects poverty claims"
  ],
  "editors_take": "The government's shift from traditional cash distribution to tracking household progress towards economic self-reliance marks a new approach to social protection, aiming to empower vulnerable households towards long-term economic stability.",
  "illustration": null,
  "coverage": {
    "outlets": 1,
    "also_reported_by": []
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}