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Payment of N5k monthly stipends to1m Nigerians commence -FG

According to the Federal Government some states have began the payment of N5, 000 monthly stipends as part of President Muhammadu Buhari’s campaign promises.

As announcement in a statement signed by Laolu Akande, the spokesperson to the Vice President, Yemi Osinbajo, on Monday states like Borno, Kwara, Bauchi, Cross Rivers, Niger, Kogi, Oyo, Ogun and Ekiti have started the disbursement to one million vulnerable Nigerians.

The statement disclosed that the government commenced the payment through the Conditional Cash Transfer (CCT) of its government’s Social Investment Programmes, SIP.

The Federal Government said under the CCT, one million Nigerians would receive N5, 000 monthly payments.
He explained that the states were selected because they had a social register that identified the vulnerable and poorest Nigerians through a tried and tested community based targeting (CBT) method working with the World Bank.

Akande stated that the payment was a form of social safety net for the poorest and most vulnerable as budgeted for in the 2016 Budget.

According to the Vice President’s spokesperson, some of the beneficiaries have received their first payments in the first batch that commenced on December 30, 2016.

He said, “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.

“However other states have already begun developing their Social Registers and would be included in subsequent phases of the CCT implementation.”

The Federal Government said with the support of the World Bank, it adopted the CBT for developing the social register in the other states across the country for transparency, objectivity and credibility in the selection of the poorest and vulnerable Nigerians.

He disclosed that government would soon commence community mobilisation for the creation of the register in more states.

“Once the community mobilisation, 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,” Akande added.

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