Join NairaMan / Login / Trending / Recent / New
Stats: 2,039 members, 6,555 topics. Date: June 28, 2017, 4:41 am
NairaMan Forum / Jobs/Vacancies / Presidency starts firsts batch of N5,000 monthly payments to poor Nigerians (2 Posts | 455 Views)
Kaduna State Civil Service Commission Recruitment 2017 / Central Bank Of Nigeria Recruitment 2016 / The Nigeria Air Force 2017/2018 Recruitment /Replacement form is currently out and on sale now contact the admin on 09030608871 for more guidelines. /
Presidency starts firsts batch of N5,000 monthly payments to poor Nigerians by segiade(: 4:50 pm On Jan 03
OFFICE OF THE VICE PRESIDENT
*FG already implementing four Social Investment Programmes across the country including Micro-Credit Scheme for about 1.2m
As part of its determined efforts to touch the lives of Nigerians positively the Buhari administration has now started the payment of N5, 000 monthly stipends to the poorest and the most vulnerable in the country through the Conditional Cash Transfer (CCT) of its Social Investment Programmes, SIP.
Under the CCT, one million Nigerians would receive N5000 monthly payments as a form of social safety net for the poorest and most vulnerable as budgeted for in the 2016 Budget. In the first batch that commenced last week, nine states would be covered, and many of the beneficiaries have already reported receiving their first payments by Friday last week, December 30, 2016.
Funds for the commencement of the payments in four states were released last week to the Nigeria Inter-Bank Settlement System (NIBSS) – the platform that hosts and validates payments for all government’s social intervention programmes. Funds for another set of five states to complete the first batch of nine states would follow soon.
Though the sequence for the payment of the money would be operationally managed by NIBSS, beneficiaries in Borno, Kwara and Bauchi States have started receiving the money. The other states in the first batch to commence the CCT payments are Cross Rivers, Niger, Kogi, Oyo, Ogun & Ekiti States.
The nine pilot states were chosen because they have an existing Social Register that successfully identified the most vulnerable and poorest Nigerians through a tried and tested community based targeting (CBT) method working with the World Bank. However other states have already begun developing their Social Registers and would be included in subsequent phases of the CCT implementation.
Beneficiaries of the Conditional Cash Transfer of the Federal Government would be mined from the Social Register, initially developed by 8 States through a direct engagement with the World Bank. Those states are featured in the first batch, with the added inclusion of Borno States where a validated list of IDPS were compiled in addition to the Social Register which is expected to go round the country.
Working with the World Bank, the CBT process has now been adopted for developing the Social Register in the other States around the country, for transparency, objectivity and credibility in the selection of the poorest and most vulnerable beneficiaries for the programme.
The Federal Government will actually commence community mobilization for the creation of the Register in more States soon, to expand the scope and reach of the CCT across the country.
Meanwhile, Plateau, Jigawa, Adamawa, Anambra, Benue, Enugu, Katsina & Taraba States have so far complied with the stipulated framework provided, and are set for the community based targeting method for the development of their Social Register within their jurisdictions.
These States are to be followed by Delta, Gombe, Kaduna, Kano, Imo and Ogun States. Once the community mobilization, identification and selection processes are completed, the information garnered from the poorest households would be entered onto the Social Register in the states and the National Register at NIBSS, after which the cash transfers would be disbursed to the beneficiaries.
All the funds approved for the Federal Government’s Social Investment Programmes, SIP, are domiciled with the Ministry of Budget and National Planning. In addition, the payment information and processes for all beneficiaries of the Federal Government’s SIP are hosted at NIBSS, as the Consolidated Beneficiary Register, to ensure and fortify efforts at authentication and verification, as well as for effective and efficient programme management.
With the commencement of the CCT, the Buhari administration is now implementing four of the Federal Government's SIP.
Besides the CCT, the N-Power Volunteer Corps designed to hire half a million unemployed graduates which has now engaged 200,000, and the National Homegrown School Feeding Programme now running in three states, the Buhari administration has also kicked-off the Government Enterprise and Empowerment Programme, (GEEP).
Under GEEP, soft loans ranging from N10,000 to 100,000 have been designed for artisans, traders, market women among others.
Already, thousands of cooperatives, market women associations, farmers and enterprising youths, have been identified and registered for the purpose, on an ongoing basis, and the disbursement of the soft loans through the Bank of Industry have started since Nov 25, 2016.
At the last count, for the first phase, beneficiaries have been drawn from the Federal Capital Territory, FCT, Abia, Adamawa, Bauchi, Delta, Imo, Kwara, Kano, Katsina, Lagos, Osun, Oyo, Ogun and Kogi States.
However, disbursements were halted and deferred until after the festive season. Vetting and approval of beneficiaries are now being continued through the month, with the expectation and plan that by month-end disbursements would have been made to 33,000 beneficiaries.
Regarding the 200,000 beneficiaries of the N-Power programme, close to 50% of the graduates, have now been physically verified, and started receiving their monthly stipends of N30,000 last week. A second batch of 300,000 unemployed graduates are expected to be selected early this year to make up the half a million target set by the Buhari administration.
The verified graduates are being deployed to work as assistant teachers in schools, as community health aides and as agricultural extension workers, in more than 20 States of the Federation. These States include; Abia, Adamawa, Bauchi, Anambra, Benue, Cross Rivers, Borno, Gombe, Edo, Jigawa, Katsina, Plateau, Kogi, Osun, Rivers, Zamfara, Niger, Sokoto, Ogun and Taraba.
Government has also started the implementation of the National Home-grown School Feeding programme designed to feed 5.5 million school children for 200 school days in the first phase of the programme. Although the initial design was to feed pupils in 18 States, funding challenges had affected an earlier take-off. But the programme has now commenced in Osun, Kaduna and Anambra States. More states are expected to join this new year.
In the new year, it is the plan of the Federal Government to scale up the implementation of the SIP to touch the lives of millions of Nigerians in fulfillment of it’s promises and in furtherance of its Change agenda.
Senior Special Assistant on Media & Publicity
Office of the Vice President
Source from http://www.nairaway.com/6019/presidency-starts-firsts-batch-of-n5-000-monthly-payments-to
Re: Presidency starts firsts batch of N5,000 monthly payments to poor Nigerians by nblinks(m) : 10:57 am On Apr 11
This is a good thing from the Federal government. I hope the money will be given to the right set of people.
Viewing this topic: 1 guest viewing this topic
|NairaMan - Copyright © 2012 - 2015 John Onam. All rights reserved. See NairaMan and NairaBlog|
Disclaimer: Every NairaMan member is solely responsible for anything that he/she posts or uploads on NairaMan.