• About Us
  • Advertise With Us
  • Contact Us
  • Donate
Monday, October 19, 2026
Daily Intel Newspapers
  • Login
  • Welcome
  • Special reports
    • All
    • Unedited for the record
    Screenshot

    World Bank express mix reaction over Nigerian govt N658.9bn disbursement claim to 10.46m poor household

    maxresdefault

    JAMB warns admission offered outside CAPS is invalid

    Screenshot

    Nigeria, seven ECOWAS countries move to strengthen boarder cooperation

    Screenshot

    Morocco eases strict Islamic values, appoints first female prime minister

    Screenshot

    Jehovah Witness makes U-turn on blood transfusion, says members can now donate and be donated for

    images (40)

    National Assembly transmits 2026 constitution amendment bill to states, sets 30 days target

  • Metro News
    Screenshot

    FCTA set to relocate Apo mechanics

    Screenshot

    Apo-Karshi, Bwari-Kubwa roads to be ready soon, says Wike

    Buy-A-Car-And-Pay-In-Monthly-Installment-Guide-In-Nigeria

    Wike ban use of green areas in FCT as car dealers stand

    IMG-20260613-WA0004

    Court convict motorist for assaulting FRSC mashal, dangerous driving in Abuja

    6953820_everytaxiinabujamustbeairconditionedbyoctoberfctalailasnews3600x300_jpeg46064d76500186bd9ed8eedee28ff7f4

    Tinubu’s harsh economic policies pushing us into cab driving- Abuja civil servants

    FCT NAWOJ demands justice for women

    FCT NAWOJ demands justice for women

  • Latest News
    • All
    • Crime watch
    Screenshot

    Rubio says no pause in US intel sharing with Ukraine

    Screenshot

    World Bank express mix reaction over Nigerian govt N658.9bn disbursement claim to 10.46m poor household

    Screenshot

    Trump paused Russia sanctions to ‘analyse’ impact on global economy

    Screenshot

    Ogun FRSC loses sector commander Oludare Ogunjobi

    Screenshot

    Three policemen killed in fresh Zamfara ambush

    Screenshot

    Terrorists abduct three, kill one in fresh attack on Niger state community

    Trending Tags

  • Infotech
    Screenshot

    Meta removes 3.7m accounts in crackdown targeting West African scam networks

    ae4a9a74-jamb-center

    Kano govt launches N27.8bn ICT, CBT project to take digital exams to grassroots

    images (31)

    NASENI to empower women, youths through capacity-building orogrammes in Kano

    smart-tv

    FG unveils freeTV with over 100 free channels

    Nigerian-telecom

    No excuse for poor network delivery, FG tells telecom Operators

    Amazon turns to artificial intelligence after cutting 16,000 jobs.

    Amazon turns to artificial intelligence after cutting 16,000 jobs.

  • World conflict & diplomacy
    Screenshot

    Rubio says no pause in US intel sharing with Ukraine

    images (71)

    Trump says US won’t attack Iran until after midterm elections

    Screenshot

    US slams visa restrictions on South Africa nationals, citing land seizures, racial policies

    images (31)

    Saudi Arabia shuts key oil pipeline after Iraqi drone attack

    images (28)

    Spanish lawmakers back law granting citizenship to Western Saharans

    images (25)

    Israel asks Britain to close East Jerusalem consulate within 30 days

  • Africa
    Screenshot

    Three policemen killed in fresh Zamfara ambush

    images (22)

    Bandits kills immigration officer in Niger-NIS

    Screenshot

    Nigeria, seven ECOWAS countries move to strengthen boarder cooperation

    Screenshot

    South Africa halts asylum processing following xenophobic clashes

    IMG-20261005-WA0001

    Helpline social support strengthening cultural rights of FCT original inhabitants-project so far

    Screenshot

    Morocco eases strict Islamic values, appoints first female prime minister

No Result
View All Result
  • Welcome
  • Special reports
    • All
    • Unedited for the record
    Screenshot

    World Bank express mix reaction over Nigerian govt N658.9bn disbursement claim to 10.46m poor household

    maxresdefault

    JAMB warns admission offered outside CAPS is invalid

    Screenshot

    Nigeria, seven ECOWAS countries move to strengthen boarder cooperation

    Screenshot

    Morocco eases strict Islamic values, appoints first female prime minister

    Screenshot

    Jehovah Witness makes U-turn on blood transfusion, says members can now donate and be donated for

    images (40)

    National Assembly transmits 2026 constitution amendment bill to states, sets 30 days target

  • Metro News
    Screenshot

    FCTA set to relocate Apo mechanics

    Screenshot

    Apo-Karshi, Bwari-Kubwa roads to be ready soon, says Wike

    Buy-A-Car-And-Pay-In-Monthly-Installment-Guide-In-Nigeria

    Wike ban use of green areas in FCT as car dealers stand

    IMG-20260613-WA0004

    Court convict motorist for assaulting FRSC mashal, dangerous driving in Abuja

    6953820_everytaxiinabujamustbeairconditionedbyoctoberfctalailasnews3600x300_jpeg46064d76500186bd9ed8eedee28ff7f4

    Tinubu’s harsh economic policies pushing us into cab driving- Abuja civil servants

    FCT NAWOJ demands justice for women

    FCT NAWOJ demands justice for women

  • Latest News
    • All
    • Crime watch
    Screenshot

    Rubio says no pause in US intel sharing with Ukraine

    Screenshot

    World Bank express mix reaction over Nigerian govt N658.9bn disbursement claim to 10.46m poor household

    Screenshot

    Trump paused Russia sanctions to ‘analyse’ impact on global economy

    Screenshot

    Ogun FRSC loses sector commander Oludare Ogunjobi

    Screenshot

    Three policemen killed in fresh Zamfara ambush

    Screenshot

    Terrorists abduct three, kill one in fresh attack on Niger state community

    Trending Tags

  • Infotech
    Screenshot

    Meta removes 3.7m accounts in crackdown targeting West African scam networks

    ae4a9a74-jamb-center

    Kano govt launches N27.8bn ICT, CBT project to take digital exams to grassroots

    images (31)

    NASENI to empower women, youths through capacity-building orogrammes in Kano

    smart-tv

    FG unveils freeTV with over 100 free channels

    Nigerian-telecom

    No excuse for poor network delivery, FG tells telecom Operators

    Amazon turns to artificial intelligence after cutting 16,000 jobs.

    Amazon turns to artificial intelligence after cutting 16,000 jobs.

  • World conflict & diplomacy
    Screenshot

    Rubio says no pause in US intel sharing with Ukraine

    images (71)

    Trump says US won’t attack Iran until after midterm elections

    Screenshot

    US slams visa restrictions on South Africa nationals, citing land seizures, racial policies

    images (31)

    Saudi Arabia shuts key oil pipeline after Iraqi drone attack

    images (28)

    Spanish lawmakers back law granting citizenship to Western Saharans

    images (25)

    Israel asks Britain to close East Jerusalem consulate within 30 days

  • Africa
    Screenshot

    Three policemen killed in fresh Zamfara ambush

    images (22)

    Bandits kills immigration officer in Niger-NIS

    Screenshot

    Nigeria, seven ECOWAS countries move to strengthen boarder cooperation

    Screenshot

    South Africa halts asylum processing following xenophobic clashes

    IMG-20261005-WA0001

    Helpline social support strengthening cultural rights of FCT original inhabitants-project so far

    Screenshot

    Morocco eases strict Islamic values, appoints first female prime minister

No Result
View All Result
Daily Intel Newspapers
No Result
View All Result
Home Finance & economy

World Bank express mix reaction over Nigerian govt N658.9bn disbursement claim to 10.46m poor household

Daily Intel Newspaper by Daily Intel Newspaper
October 19, 2026
Screenshot
Share on FacebookShare on TwitterChat With Us Live

World Bank has expressed dissatisfaction over Nigeria’s claimed disbursement of N658.9bn direct cash transfers to 10.46 million poor and vulnerable households as of September 2026, saying Nigeria should focus on building sustainable social protection system that would provide regular support to vulnerable Nigerians rather than relying on emergency interventions.

The Nigerian government had in a statement announced that 10.46 million poor and vulnerable households benefited from direct cash transfer worth N658.9bn as of September 2026.

Many Nigerians disputed the disbursement and called for evidence supporting the claims.

The World Bank in its latest Nigeria Development Update, titled ‘Beyond the Federal Purse: How Higher Revenues Shaped State Priorities’, analysed on Sunday, said Nigeria needs to put in place a system that addresses economic challenges faced by vulnerable Nigerian, rather government short term interventions.

“Building on this progress, the next step is to move from an emergency response toward a regular, sustainable social protection system, with dedicated budget lines at the federal and state levels, gradually increasing financing from government resources, and a shared overarching vision,” the report stated.

The World Bank said social protection and effective public service delivery could help protect households from the effects of economic pressures, but warned that the impact of such interventions would depend on the number of people reached, the adequacy of the assistance and the regularity of payments.

“Social protection and service delivery can help cushion households against these pressures, though their effectiveness will continue to depend on coverage, adequacy, and continuity,” the report stated.

The bank called for a shift towards a more predictable social protection system backed by government resources and coordinated action between federal and state authorities, to ensure that vulnerable Nigerians receive sustained support.

“These efforts need to be accelerated and deepened, with continued progress on coverage, adequacy, and consistency of transfers necessary to broaden and strengthen their contribution to household welfare,” it said.

The bank also urged the Federal Government and state governments to establish a long-term funding framework for social protection, arguing that sustainable financing would be essential to maintaining assistance to poor and vulnerable household.

The report called for faster implementation and improvements in the reach, value and consistency of cash transfers to ensure that the programme provided more meaningful relief to beneficiaries facing economic hardship.

Share187Tweet117SendShare
Support Us Support Us Support Us
Daily Intel Newspaper

Daily Intel Newspaper

Next Post
Screenshot

Rubio says no pause in US intel sharing with Ukraine

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

POPULAR POST

  • JUST IN: Tinubu directs Civil Defence to take over the protection of VIPs, orders withdrawal of police personnel 

    How Tinubu’s administration paid billions of naira for the release of Niger State kidnapped schoolchildren

    891 shares
    Share 356 Tweet 223
  • CBN gives Moniepoint, OPay, others go ahead to onboard new customers

    818 shares
    Share 327 Tweet 205
  • National Academy of Sciences endorses embryonic engineering

    671 shares
    Share 268 Tweet 168
  • South-East importers, exporters threaten strike over Nigerian Shippers’ Council’s 200% rates hike

    654 shares
    Share 262 Tweet 164
  • BREAKING: President Tinubu approves the reappointment of Adaji as DG of NBC

    645 shares
    Share 258 Tweet 161

STAY CONNECTED

Follow Us

Categories

  • Africa
  • Aviation
  • Business
  • Citizen reporter
  • Corruption
  • Crime watch
  • Culture
  • Document
  • Education
  • Entertainment
  • Exclusive
  • Featured
  • Finance & economy
  • Foreign News
  • Health
  • Human rights & the people
  • Infotech
  • Interviews
  • Investigation
  • Judiciary
  • Latest News
  • Maritime
  • Metro News
  • News
  • Oil & gas
  • Opinion
  • Politics
  • Promoted
  • Science & Technology
  • Special reports
  • Special updates
  • Sports
  • Unedited for the record
  • World conflict & diplomacy

LATEST NEWS

Screenshot

Rubio says no pause in US intel sharing with Ukraine

October 19, 2026
Screenshot

World Bank express mix reaction over Nigerian govt N658.9bn disbursement claim to 10.46m poor household

October 19, 2026
  • About Us
  • Advertise With Us
  • Contact Us
  • Donate

© 2025 All Rights Reserved Daily Intel Newspapers

No Result
View All Result
  • Home
  • Special reports
  • Special updates
  • World conflict & diplomacy
  • Infotech
  • Metro News
  • Latest News
    • Human rights & the people
    • Unedited for the record
    • Judiciary
  • Finance & economy
  • Exclusive
  • Africa
  • Document
  • Education
  • Entertainment
  • Infotech
  • Investigation
  • Science & Technology
  • Aviation
  • Sports
  • Business
  • Culture
  • Finance & economy
  • Foreign News
  • Health
  • Corruption
  • Promoted
  • Crime watch

© 2025 All Rights Reserved Daily Intel Newspapers

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In