Nigeria’s ₦5,000 cash transfer increased households welfare – World Bank

The World Bank said on Friday the Federal Government’s ₦5,000 cash transfer scheme has increased households’ and women’s welfare over time.

However, the Bretton Wood institution noted that the scheme had little impact on household consumption and financial inclusion.

The World Bank stated these in its latest report titled: “Beta Don Come: Effects of Cash Transfers on Women and Households in Nigeria’, obtained by Ripples Nigeria.