BenedictRenewed Hope Cash Transfer – Get N75k Grant Now
If you are a Nigerian who has been active on social media or paying attention to the news, then the phrase Renewed Hope must sound familiar to you as it is the slogan of the current President Tinubu administration and it has been borrowed by most APC governors across the country.
What Is Renewed Hope Cash Transfer?
The Renewed Hope cash transfer program is a generous cash transfer program aimed at alleviating hardship and boosting the well-being of millions of beneficiaries across all local government areas (LGAs) of various States in the country. Beneficiaries in some states (like Kebbi State) are set to receive a total of N75,000 each (distributed in three installments of N25,000) under this initiative.
The program RHCT targets both existing beneficiaries listed on the National Social Register (NSR) and new individuals identified through the Rapid Response Register (RRR). A total of 160,708 beneficiaries from the NSR and 51,258 from the RRR are eligible for the program.
The RHCT program is a small part of a larger national initiative under the National Social Safety Net Project Scale-Up (NASSP-SU), under the President Tinubu-led administration.
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Aim of RHCT
- Provide financial relief to vulnerable citizens: The N75,000 grant is intended to ease the burden of the current economic realities and improve beneficiaries’ standard of living.
- Promote well-being and resilience: The program hopes to empower beneficiaries to better cope with challenging economic circumstances and build resilience for the future.
- Contribute to economic development: Increased individual purchasing power through cash transfer can stimulate local businesses and potentially boost the local economy.
Enrollment Process:
The enrollment process is currently underway in all 21 LGAs, covering 71 wards and 3,308 communities across the state.
The state cash transfer unit is actively conducting registration, ensuring transparency and inclusivity. So if you are yet to enroll or you are yet to see the unit assigned to your ward, kindly visit your LGA headquarters and ask about the Renewed Hope cash transfer team.
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- The President Tinubu-led government aims to reach 15 million households nationwide through this Cash Transfer Programme.
- Each beneficiary will receive a total of N75,000 across three payment circles, with each circle distributing N25,000.
You can check the online portal https://grant.fedgrantandloan.gov.ng/ for the national cash transfer program and also visit your LGA for the state version of this program especially if your state has an APC governor because most of them are replicating the idea.
Benedict
