The Federal Government will roll out fresh cash transfers to 2.2 million vulnerable households before the end of August 2025, a move expected to inject spending power into local markets and boost small businesses.Minister of State for Humanitarian Affai… Read on blog or Reader SMALL BUSINESS INSIGHTS Read on blog or Reader FG to transfer cash to 2.2m households, boosting SMEs, local markets By Busola Bamidele on August 19, 2025 The Federal Government will roll out fresh cash transfers to 2.2 million vulnerable households before the end of August 2025, a move expected to inject spending power into local markets and boost small businesses. Minister of State for Humanitarian Affairs and Poverty Reduction, Tanko Sununu, said ₦419 billion has already been disbursed to five million Nigerians under the rapid conditional cash transfer programme, with 71% of the funds directed to the North and 21% to the South. Beneficiaries are drawn from the National Social Register through the National Social Safety-Net Coordinating Office (NASSCO). Read also: AfCFTA can transform Africa by empowering women-led SMEs FG to transfer cash to 2.2m households, boosting SMEs, local markets AfCFTA can transform women-owned SMEs, Oye advocates stronger backing" SMEs face tough climate despite falling inflation – CPPE Building a Successful Intimate Events Brand – CEO Starz Suprises For SMEs, analysts note that such transfers often translate into increased patronage for petty traders, food vendors, transport operators, and other micro businesses, helping to keep local economies active amid hardship. Sununu assured that the next phase will reach more households in the coming days.

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