The National Social Register (NSR) of poor and vulnerable Nigerians (NSR) now contains more than 46 million persons from more than 11 million poor and vulnerable households, identified across more than 8,000 wards and 125,000 communities across the 36 States of the country and the FCT.
From this number, close to 2 million poor and vulnerable Nigerian households currently benefiting from the Conditional Cash Transfer (CCT) program, which pays a bimonthly stipend of N10,000 per household.
In January 2019, President Buhari launched Nigeria’s MicroPension Scheme – which allows self-employed persons and persons working in organisations with less than three employees to save for the provision of pension at retirement or incapacitation.
Establishment of the Survival Fund, the National Youth Investment Fund, and National Special Public Works Program (774,000 beneficiaries across 774 LGAs nationwide), and the Central Bank’s Covid-19 300 billion Naira Targeted Credit Facility (TCF) to support millions of small businesses, households, and young people, with federal grants, loans, and stipends.
The Buhari Administration’s Survival Fund has provided grants (Payroll Support, Artisan and Transport Sector grants, and General MSME grants) to more than 1.2 million beneficiaries, since the last quarter of 2020. It has also provided free business registration to 250,000 MSMEs across the country.