Poverty Alleviation
Fintiri highlights debt repayment in follow-up 2026 budget address
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Adamawa Governor Ahmadu Umaru Fintiri addressed the State House of Assembly on December 21, 2025, emphasizing key achievements like over 50% debt repayment and plans to expand the Fintiri Business Wallet Programme to 100,000 more citizens in the 2026 Appropriation Bill.
The Ministry of Social Affairs, in collaboration with the Central Statistics Agency, prioritizes social aid quotas for 4.2 million new beneficiary families, including single elderly. This step follows the verification of 18.7 million families, revealing ineligible recipients. The quota is redirected to vulnerable groups such as disabled individuals and families in unfit housing.
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A pilot program administered by GiveDirectly and funded by Coinbase is providing 160 low-income New Yorkers with $12,000 in USDC, a stablecoin pegged to the U.S. dollar. The initiative draws inspiration from universal basic income experiments to study the impact of unconditional cash payments on poverty. Payments consist of a $8,000 lump sum followed by five $800 installments.