The World Bank has increased its disbursement to Nigeria under the $800 million National Social Safety Net Programme-Scale Up (NASSP-SU), bringing the total amount released to $530 million.
According to media reports, this marks a significant boost from the previously reported $315 million disbursed in 2023.
The latest figures, sourced from the World Bank’s official website, suggest the additional funds were likely transferred recently, although the exact date is yet to be updated on the platform as of April 30, 2025.
The NASSP-SU, approved in December 2021, is aimed at delivering conditional cash transfers to Nigeria’s most vulnerable populations. The programme seeks to ease the burden of economic reforms, especially the removal of the petrol subsidy, which has led to a sharp rise in the cost of living.
