The World Bank said yesterday the conditional cash transfer programme of the Federal Government has had limited impact on household consumption and financial inclusion.
The Bretton Woods institution disclosed this in its latest report, titled, ‘Beta Don Come: Effects of Cash Transfers on Women and Households in Nigeria’.
The report cited the 2016 cash transfer programme when the federal government launched the National Social Safety Nets Project, NASSP.At the launch of the programme, it said, the Federal Government had provided households a cash transfer of N 5,000, disbursed as a lump sum every two months.The World Bank, however, suggested that there is a need for a complementary livelihood to support the intervention to generate sustainable improvements in households’ self-sufficiency.
“Households in communities that entered the program earlier experience larger increases in household savings and food security, along with increased access to farmland and livestock ownership, compared to similar households in communities that entered the program later.
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