NCTO Loan Cash Transfer Payment 2021 Starts: FG begins Payment, Check your Status Now – This update is a reminder of National Cash Transfer Office (NCTO) Loan Grant Payment Update. The date for the payment of NCTO Loan or Grant exercise are all contained in this article below to enable all to check his or her status and for those that are yet to apply to do so now
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The National Cash Transfer Office (NCTO) under the Federal Ministry of Humanitarian Affairs, Disaster Management and Social Development is set to recommence payment of Conditional Cash Transfer to beneficiaries nationwide.
The National Coordinator of the programme, Hajiya Halima Shehu, said this while speaking with State Focal Persons of the National Social Investment Programme who paid her a courtesy visit in Abuja on Friday.
Read: NMFB Household Loan 2021: Apply for NMFB Covid-19 Household Loan
Shehu said that the delay in payment was due to system strengthening process in the project to improve implementation and further enhance service delivery.
She said that it was also to ensure value for money, transparency and accountability.
Shehu further explained that the systems strengthening revolves around tweaking the payment modalities to respond to cashless realities, security concerns and digitization of the payment processes.
30% of NCTO operations have been digitized and will recommence payment to its beneficiaries next week.
The national coordinator noted that some states might not start receiving payment on August 23 due to some challenges.
The State Focal Persons will continue to support the programme to enable the Federal Government achieve its set objectives of lifting 100 Nigerians out of poverty.
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