Close Menu
MarketForces AfricaMarketForces Africa
    What's Hot

    XRP Price Edges Higher as Investors Rack Up Spot ETFs

    August 29, 2026

    GCR Upgrades Tangerine Life Insurance Financial Strength Rating to A

    August 29, 2026

    Naira Gains Value as Nigeria’s Foreign Reserves Reach $53.3bn

    August 29, 2026
    Facebook X (Twitter) Instagram
    Trending
    • XRP Price Edges Higher as Investors Rack Up Spot ETFs
    • GCR Upgrades Tangerine Life Insurance Financial Strength Rating to A
    • Naira Gains Value as Nigeria’s Foreign Reserves Reach $53.3bn
    • Tinubu Orders Forensic Audit of IPPIS, Federal Agencies
    • Ethereum Down 2% on Hawkish Pivot by Fed Chair Kevin Warsh
    • Pi Network Gains Ahead of Protocol 27 Mainnet Upgrade
    • Oil Prices Decrease 5% over 5 Days as Supply Risk Eases
    • NVIDIA Tokenised bStocks Dips Amidst Broader Market Pullback
    • Home
    • About Us
    Facebook X (Twitter) Instagram LinkedIn WhatsApp TikTok Telegram
    MarketForces AfricaMarketForces Africa
    Subscribe
    Sunday, August 30
    • Home
    • News
    • Analysis
    • Economy
    • Mobile Banking
    • Entrepreneurship
    MarketForces AfricaMarketForces Africa
    MarketForces Africa » MarketForces News » 81,000 Residents to Benefit from FG’s Cash Transfer in Ondo

    81,000 Residents to Benefit from FG’s Cash Transfer in Ondo

    Ogochukwu NdubuisiBy Ogochukwu NdubuisiJune 5, 2024Updated:June 5, 2024 News No Comments2 Mins Read
    81,000 Residents to Benefit from FG’s Cash Transfer in Ondo
    Share
    Facebook Twitter LinkedIn Pinterest Email Tumblr Reddit Telegram WhatsApp Copy Link

    81,000 Residents to Benefit from FG’s Cash Transfer in Ondo

    No fewer than 81,000 residents of Ondo State are to benefit from the Federal Government’s Cash Transfer programme. Mrs Tosin Olupona, Manager, Ondo Cash Transfer, Office of Public and Intergovernmental Relations, made this known on Wednesday in Akure during a training programme for local government cash facilitators.

    The training was organised in conjunction with the Federal Ministry of Humanitarian Affairs and Poverty Alleviation and the National Social Investment Programmes Agency. According to Olupona, each of the beneficiaries would receive a sum of N25,000 for three months.

    She said the programme was for poor households, adding that in the past, the state had only 12, 000 beneficiaries. ”Now it has been increased to 81,000 in line with the renewed hope agenda of the present government.

    “The benefit is to cushion the effect of removal of fuel subsidy. It is an economic shock response, because the fact remains that nobody is finding it easy now, particularly the poor and vulnerable households.

    “The FG has started paying them N25, 000, and they are going to take this for three months, after which they will exit the programme and another set of people will benefit.

    Olupona revealed that the beneficiaries were drawn from the National Social Register and their BVN and NIN were linked for accountability, with the money paid directly into beneficiary’s account.

    Similarly, the Administrative Secretary, Office of Public and Intergovernmental Relations, Mrs Yemi Pirisola, said the public should have knowledge about the activities of the Agency. Heritage Bank; NDIC Begins Payment of Depositors’ Insured sum — MD

    Pirisola urged the desk officers and beneficiaries to let people know about what the government was doing and steps being taken to cushion the effect of the removal of fuel subsidy and improve the lives of vulnerable people #81,000 Residents to Benefit from FG’s Cash Transfer in Ondo

    FG Ondo
    Share. Facebook Twitter Pinterest LinkedIn Tumblr Email
    Ogochukwu Ndubuisi
    • Website
    • Facebook
    • X (Twitter)
    • LinkedIn

    Ogochukwu Ndubuisi is an editorial content strategist and financial news writer at MarketForces Africa, covering a broad range of topics including Nigeria's equity markets, infrastructure development, energy, government policy, corporate finance, and digital economy.With over 2,400 published articles on MarketForces Africa, Ogochi brings depth and consistency to the publication's daily news coverage.Her reporting spans Nigerian Exchange Group market movements, Lagos State infrastructure projects, and federal government economic policies, oil and gas developments, and emerging sectors shaping Nigeria's economic landscape.She also covers Africa-wide stories, including East African market indices, continental investment trends, and cross-border economic developments.Ogochi works closely with MarketForces Africa's editorial and corporate communications teams to deliver accurate, timely, and well-researched content to the publication's professional readership.Ogochukwu Ndubuisi is based in Lagos, Nigeria.

    Keep Reading

    XRP Price Edges Higher as Investors Rack Up Spot ETFs

    GCR Upgrades Tangerine Life Insurance Financial Strength Rating to A

    Naira Gains Value as Nigeria’s Foreign Reserves Reach $53.3bn

    Tinubu Orders Forensic Audit of IPPIS, Federal Agencies

    Ethereum Down 2% on Hawkish Pivot by Fed Chair Kevin Warsh

    Pi Network Gains Ahead of Protocol 27 Mainnet Upgrade

    Add A Comment

    Comments are closed.

    Editors Picks

    XRP Price Edges Higher as Investors Rack Up Spot ETFs

    August 29, 2026

    GCR Upgrades Tangerine Life Insurance Financial Strength Rating to A

    August 29, 2026

    Naira Gains Value as Nigeria’s Foreign Reserves Reach $53.3bn

    August 29, 2026

    Tinubu Orders Forensic Audit of IPPIS, Federal Agencies

    August 29, 2026

    Ethereum Down 2% on Hawkish Pivot by Fed Chair Kevin Warsh

    August 29, 2026
    Latest Posts

    XRP Price Edges Higher as Investors Rack Up Spot ETFs

    August 29, 2026

    GCR Upgrades Tangerine Life Insurance Financial Strength Rating to A

    August 29, 2026

    Naira Gains Value as Nigeria’s Foreign Reserves Reach $53.3bn

    August 29, 2026

    Tinubu Orders Forensic Audit of IPPIS, Federal Agencies

    August 29, 2026

    Ethereum Down 2% on Hawkish Pivot by Fed Chair Kevin Warsh

    August 29, 2026

    Subscribe to News

    Get the latest sports news from Dmarketforces Africa about finance, business and tech.

    Advertisement
    Facebook X (Twitter) Pinterest Vimeo WhatsApp TikTok Instagram

    News

    • World
    • Politics
    • Economy
    • Business
    • Opinions
    • Fintech
    • Science & Technology

    Company

    • About us
    • Advertising
    • Classified Ads
    • Contact Info
    • Editorial Policy

    Services

    • Subscriptions
    • Research
    • Due Diligence
    • Newsletters
    • Sponsored News
    • Work With Us

    Subscribe to Updates

    Subscribe to updates from MarketForces Africa, an independent financial news service provider.

    © 2026 MarketForces Africa. All rights reserved.
    • Privacy Policy
    • Terms
    • Accessibility

    Type above and press Enter to search. Press Esc to cancel.