
Nigeria's Auditor-General has raised concerns over N33.75 billion in cash transfers made to 3.29 million Nigerians, citing a lack of evidence to verify the payments. According to the audit, the National Cash Transfer Office (NCTO) showed missing records and weaknesses in financial controls. The findings raise questions about transparency and accountability in the government's cash transfer programme, which is designed to support vulnerable citizens across the country.
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The African Democratic Congress (ADC) has described President Bola Tinubu's social intervention programme as a racket, following an Auditor-General's finding that N33.75 billion in cash transfers to 3.29 million households could not be verified. According to a statement issued by the party on Monday, the finding confirms suspicions that social investment under the Tinubu administration benefits officials rather than the poor. The report concerns Nigeria's federal government and its cash transfer scheme.
Daily Trust·September 8, 2026 at 4:59 AM
Atiku Abubakar, presidential candidate of the African Democratic Congress (ADC), has pledged to establish an independent team of experts to investigate an alleged ₦33.75 billion cash transfer reportedly made to millions of vulnerable Nigerian households. According to Ripples Nigeria, Atiku's position follows concerns raised in an audit report questioning whether the funds reached their intended beneficiaries. The promised probe aims to verify the disbursement and address accountability concerns surrounding the government's cash transfer programme.
Ripples Nigeria·September 5, 2026 at 6:08 PM
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The Tide (NG)·September 7, 2026 at 4:56 AM
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The Citizen (ZA)·June 25, 2026 at 5:40 AM
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Punch·September 8, 2026 at 12:38 AM