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Breaking: Buhari Fulfills Yet Another Promise, Begins Payment Of N5,000 In This Northern State - Politics - NairaMan

NairaMan Forum / Politics / Breaking: Buhari Fulfills Yet Another Promise, Begins Payment Of N5,000 In This Northern State (1 Post | 128 Views)

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Breaking: Buhari Fulfills Yet Another Promise, Begins Payment Of N5,000 In This Northern State by jchima14(: 8:25 pm On Oct 07, 2016




Conditional Cash Transfer (CCT) programme with biometric capture and account opening commenced in Borno camps for Internally Displaced Persons (IDP). The programme is a part of the scheme under the ‚ÄėSocial Investment Programmes‚Äô of the government of Muhammadu Buhari. According to this initiative, one million extremely poor Nigerians would receive 5,000 naira monthly in 2016.

Laolu Akande, the special assistant to the vice president Yemi Osinbajo, clarified that for the Conditional Cash Transfer the money would be paid directly to the recipients through a payment system that was being worked out. Osinbajo‚Äôs aide said World Bank and the Bill Gates Foundation were also cooperating with the federal government to develop an efficient payment system. ‚ÄúAll together, about 60 billion naira has been estimated to be paid out to extremely poor Nigerians,‚ÄĚ Akande said in a statement.

Source: http://thesummary.com.ng/index.php/news-categories/national/item/8437-breaking-buhari-fulfills-yet-another-promise-begins-payment-of-n5-000-in-this-northern-state
  

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