FG remembers beneficiaries for N25,000 contingent money move program

 FG remembers beneficiaries for N25,000 contingent money move program

The Central government has uncovered that retired people under the Characterized Advantage Plan (DBS) are remembered as recipients for the as of late supported N25,000 restrictive money move as a piece of measures to diminish the impacts of the fuel endowment expulsion on Nigerians.

The choice was uncovered in an explanation by the Corporate Correspondences unit of the Benefits Temporary Organization Directorate (PTAD) where it gave lucidity on the CCT program to beneficiaries.

PTAD noted in its explanation that the choice to remember retired people for the money move program was a continuation of a gathering between PTAD, Nigeria Association of Beneficiaries (NUP), benefits association leaders and annuity work area officials of PTAD's benefits division prior in October.

The assertion peruses,

“The Pension Transitional Administration Directorate (PTAD) and the Nigeria Union of Pensioners (NUP) during an interactive session with stakeholders including the Nigeria Pension Commission (PenCom), Pension Union Executives and Pension desk officers of the parastatals pension department on Wednesday October 18, 2023 clarified that pensioners under the Defined Benefit Scheme (DBS) are part of the priority groups to benefit from the just approved N25,000 Conditional Cash Transfer (CCT).”

“He further explained that PTAD in collaboration with the NUP made sure that the data of all DBS pensioners who have been verified and are on the payroll has been promptly submitted to the Ministry of Humanitarian Affairs and Poverty Alleviation through the Nigeria Union of Pensioners (NUP).”

Information of beneficiaries as of now with the Service of Helpful Undertakings

The Head of the Common Help Benefits Division (CSPD), Mr Sulayman said that PTAD in organization with the Nigeria Association of Beneficiaries (NUP) has caught and checked the information of all DBS retired people and submitted it to the Service of Philanthropic Undertakings and Destitution Lightening.

The Service of Philanthropic Issues will deal with the exchange of the assets to the retired people.

About the CCT

Prior in October, the national government sent off the contingent money move program designated at 15 million Nigerians. The program intends to pay N25,000 to 15 million monetarily weak Nigerians for quite some time.