People with over N5,000 in bank won’t get palliatives – FG

The Federal Government has revealed that people with over N5, 000 in their bank account will not benefit from the palliatives being rolled out during the ongoing lockdown.

People with over N5,000 in bank won’t get palliatives - FG

The FG also said that it will be using the mobile networks, to know people that top up the credit units for their phones with may be N100 or less. She said;

“You are aware that the President in his broadcast of Monday 13th April, directed that we expand the beneficiaries of the conditional cash transfer by one million and in this regard, we are going to focus more now on the urban poor.

“These are people who depend on the informal sector to earn their livelihood; they are daily wage earners and these are the people that we are really going to focus more on as well as people living with disabilities.”

“Well, we have three options; one, we are going to use the national social register that we already have, two, we are also going to focus on the urban poor as I mentioned, by using their verified BVN accounts to get them, that is, people that have an account balance of N5, 000 and below.

“We are also using the mobile networks, to know people that top up the credit units for their phones with may be N100 or less. Those are also people that we consider to be poor and vulnerable. So, these are the three options that we are exploring and I am sure that by the time we get this data we will be able to give this intervention.”

She, however, said only 25 percent of the population would benefit for now, adding that the scope might be expanded later.

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