The federal government plans to resume providing direct cash transfers to 12 million Nigerians.

The plan was disclosed by Wale Edun, the Minister of Finance and Coordinating Minister for the Economy, at the Ministry’s retreat in Uyo, Akwa-Ibom state on Wednesday, February 21.

According to the finance minister, “The presidential panel on the social investment programmes, have prepared to go to Mr. President with an internal recommendation to restart the direct payments to the poorest and the most vulnerable. Everything is being done to ease the pain.

“We know that there’s been about 3 million beneficiaries now, but given the way the rates have gone, there are probably another 12 million people, households that can benefit from that payment.”