Cash Transfer: Nigerians With Over N5,000 Account Balance Not Eligible – FG

The federal government, on Tuesday, said its cash transfer to citizens in the cities would only be received by those with N5,000 or less in their bank accounts.
The Minister of Humanitarian Affairs, Disaster Management and Social Development, Sadiya Umar, disclosed this to State House correspondents in Abuja.
According to Farouq, such persons would form part of the additional one million households approved by President Muhammadu Buhari to partake in the cash disbursement.
Buhari had on Monday in a broadcast directed that the country’s current social register be expanded from 2.6 million households to 3.6 million households in the next two weeks.
The president said the cash disbursement, among other palliatives, was to cushion the effect of Coronavirus (COVID-19) and the restrictive measures put in place to prevent the spread of the virus in the country.