NewStats: 3,263,617 , 8,180,765 topics. Date: Friday, 06 June 2025 at 08:16 PM 1u5se

Buhari Government’s ₦5,000 Cash Transfer Scheme Had Little Impact On Household Consumption, Financial Inclusion—World Bank

The World Bank has said the ₦5,000 cash transfer scheme implemented by the Nigerian Government had little impact on household consumption and women's financial inclusion in the country.

This global apex bank said this in a report titled, ‘Beta Don Come: Effects of Cash Transfers on Women and Households in Nigeria’.

In the report, the World Bank added that the scheme implemented in 2016, called the National Social Safety Nets Project (NASSP) also had a limited impact on employment, especially for women.

Former President Muhammadu Buhari’s istration provided households with a cash transfer of N5,000, disbursed as a lump sum every two months.

Payments were given to each household’s primary caregiver — predominantly women — the report stated.

The report, however, suggested that there is a need for a complementary livelihood to the intervention to generate sustainable improvements in households’ self-sufficiency.

The bank said it found “no significant effects on overall household consumption, women’s employment, or financial inclusion”.

The report reads: “Program participation improved several dimensions of households’ and women’s welfare over time.

“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.

“We also find improvements in caregivers’ self-reported happiness, decision-making autonomy over how to spend their own income, and freedom of movement.

“Positive impacts appear to primarily result from the saving mobilisation component of the program.

“Households are substantially more likely to save the longer they have been receiving cash transfers and to switch away from exclusively using cash for household consumption.

“However, in contrast to these strong positive impacts, we do not find any statistically significant effects on overall household consumption or on caregivers’ employment and financial inclusion.”

The World Bank also said despite the efficacy of the programme, there is no evidence of “the impacts of participating in the program at all”.

“We find positive effects on households’ saving, food security, and economic activity along with increased caregivers’ decision-making autonomy and physical mobility associated with participating in the project for longer periods of time.”

https://saharareporters.com/2024/05/10/buhari-governments-n5000-cash-transfer-scheme-had-little-impact-household-consumption

Monies that were looted by the wasteful and corrupt humanitarian disaster minister under Buhari and continued by Betta Edu? This country is a cruise!

Holly Gram My people come and hear ooo !!!


LITE UP my WEED in peace


WTF MAN!

Nawa oo. How can a whole VP dey distribute money for Markets.

Invisible N5000 household transfer. I have never met anyone who claims to have collected such money. Tinubu and co are just using that to loot blindly. Heartless thieves.

Why are they reporting now?
Since 2015, #5000 has never been able to a family for 2 days.

Nlfpmod dem share oo.

ogododo:
This global apex bank said this in a report titled, ‘Beta Don Come: Effects of Cash Transfers on Women and Households in Nigeria’.

The World Bank has said the ₦5,000 cash transfer scheme implemented by the Nigerian Government had little impact on household consumption and women's financial inclusion in the country.

This global apex bank said this in a report titled, ‘Beta Don Come: Effects of Cash Transfers on Women and Households in Nigeria’.




In the report, the World Bank added that the scheme implemented in 2016, called the National Social Safety Nets Project (NASSP) also had a limited impact on employment, especially for women.

Former President Muhammadu Buhari’s istration provided households with a cash transfer of N5,000, disbursed as a lump sum every two months.








Payments were given to each household’s primary caregiver — predominantly women — the report stated.

The report, however, suggested that there is a need for a complementary livelihood to the intervention to generate sustainable improvements in households’ self-sufficiency.

The bank said it found “no significant effects on overall household consumption, women’s employment, or financial inclusion”.

The report reads: “Program participation improved several dimensions of households’ and women’s welfare over time.

“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.



“We also find improvements in caregivers’ self-reported happiness, decision-making autonomy over how to spend their own income, and freedom of movement.

“Positive impacts appear to primarily result from the saving mobilisation component of the program.

“Households are substantially more likely to save the longer they have been receiving cash transfers and to switch away from exclusively using cash for household consumption.



“However, in contrast to these strong positive impacts, we do not find any statistically significant effects on overall household consumption or on caregivers’ employment and financial inclusion.”



The World Bank also said despite the efficacy of the programme, there is no evidence of “the impacts of participating in the program at all”.



“We find positive effects on households’ saving, food security, and economic activity along with increased caregivers’ decision-making autonomy and physical mobility associated with participating in the project for longer periods of time.”




https://saharareporters.com/2024/05/10/buhari-governments-n5000-cash-transfer-scheme-had-little-impact-household-consumption

APC loves palliatives to entrench more people in poverty. Please how many have become rich through Osinbajo N5k.

Rubbish decision so far

Nonsense

Yeye World Bank report, if I see World bank see snake, I will kill World bank first.

Sharing money by Govt in the name of palliative is never a good policy.
It's often laden with corruption & sharp practices and never achieves the intended result.

But you are confidently telling Bulaba to carry on with the surreal 'Poverty alleviation scheme'.....
Hypocritical bunch

How do you alleviate poverty by giving people money? 5k at that...........

Fds

There wasn't any money transferred to anybody. They just siphon the money.

The corruption under the watch of Buhari wear G-strings.

We don't need to be told, we all know how it was shared among their faithfuls and how it was flooded away from them. But na all of us suffered the effects of the flood

nnachukz:
Invisible N5000 household transfer. I have never met anyone who claims to have collected such money. Tinubu and co are just using that to loot blindly. Heartless thieves.

Buhari era not Tinubu read it again

but IMF said tinubu should continue from were buhari stopped and keep dashing people money

Shege banza.... 🤔The heats is everywhere now...





Bunch of irresponsible cowards we have as leaders... 🤔🤔

Watin be this people problem, Una go advice government to do Rubbish still turn back dey fault them...

Goldenval bless me with 5k it will have an impact in my household ejoo

Holluwhakemmy:
Buhari era not Tinubu read it again

So what's the difference between that buharis' policy of sharing 5k and the so-called Tinubus' palliative formula?

At the end it won't have any positive effect on the economy.

And big impact to the politician

Money that entered into the coffers of those in the humanitarian ministry and party

Something wey I no receive. Who are those that are poor?

The bastards and his cohorts stole the country blind..using humanitarian ministry and other vices...the clueless ebola tinubu is chasing shadows when we know where all our money went.Start with Buhari,Aisha first lady who was Emefiele's boss,Sabiu "Tunde",Malami,former aviation minister etc

Racoon:
Monies that were looted by the wasteful and corrupt humanitarian disaster minister under Buhari and continued by Betta Edu? This country is a cruise!

.,and this were women doing the looting..fear woman 🙄