ovr.news

Solutions that work, including long-horizon plans with outcomes

Nigeria’s cash transfers reach millions amid audit concerns

thisdaylive.com · 21 September 2026
Nigeria’s cash transfers reach millions amid audit concerns
Photo: thisdaylive.com
2 related sources

Summary and headline written by AI from the source article. How we work

The World Bank reported that Nigeria’s National Social Safety Net Programme-Scale Up provided cash transfers to 67.19 million people and 10.44 million households by August 2026.

The programme distributes payments to poor and vulnerable families, with over 7.1 million households receiving all three scheduled payments after biometric verification using their National Identification Numbers or Bank Verification Numbers.

Women made up the majority of those receiving aid, accounting for 39.77 million of the total, and 81 percent of beneficiary households fell within the lowest six income levels. The scale of the program coincides with ongoing questions about its transparency and accountability. The Auditor General for the Federation questioned documentation for 33.751 billion Nigerian Naira in electronic transfers in 2023, noting missing beneficiary details and a lack of reconciliation statements.

Former Vice President Atiku Abubakar also raised concerns about discrepancies in reported household numbers and the overall amount of funds disbursed. The World Bank noted that the programme has met its targets for reaching beneficiaries, disbursing 98.2 percent of its $776.42 million International Development Association facility. However, the report also identified significant implementation risks related to politics, governance, the economy, technical design, and financial management, and noted the program’s modernized social registry was not yet operational as of August 2026.

Was this worth your time?
Read on thisdaylive.com
Surfaced by the Solutions lens — one of the vital signs ovr.news reads.
How we evaluated this

More in Solutions

Browse all Solutions articles

What made it worth it?

What's wrong with this article?