Nigeria humanitarian affairs, disaster management and social development minister sadiya Umar farouq said” Nigeria is too broke to pay N20000 to over 40 million BVN holders.
The economy is so dry now to pay every Bvn holder 20,000 the stay at home relief fund.
Therefore federal government deem it wise to focus on the poorest people in Nigeria who are mainly in Northern part of Nigeria,
we are not saying that other geopolitical zone are not among just that northern part of the country has more poorest and vulnerable people.
The Nigeria on Wednesday commence the payment of #20,000 relief fund or conditional cash transfer to the poorest home in Nigeria.
Speaking at the commencement of the cash transfer at the kwali area council of Abuja, Nigeria humanitarian affairs, disaster management and social development minister sadiya Umar farouq said”
distribution of fund were in compliance with the directives of president Muhammad Buhari.
We have directed immediate cash transfer to the poorest and most vulnerable household in the country”. Farouq said.
Subsequently, any person that has More than N200,000 in his or her account will not benefits from the allocation.
The federal government will need up to N900bn to pay up to N40million Nigeria with bvn, if they want to pay every bvn holder,then where did you see such money.