President Buhari begins payment of N5,000 to extremely poor Nigerians


President Buhari's Conditional Cash Transfer (CCT) programme has kicked off today with Biometric Capture and Account Opening of Internally Displaced Persons at various IDP camps in Borno state. The programme is a part of the scheme under the ‘Social Investment Programmes’ of this present administration. Over one million extremely poor Nigerians are to be paid N5,000 monthly.
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’s aide said World Bank and the Bill Gates Foundation were also cooperating with the federal government to develop an efficient payment system.

During the presidential campaign Buhari and his party, the All Progressives Congress, vowed to pay 5,000 naira a month to the unemployed and the poorest youths in the country.
 More photos after the cut...


Previous
Next Post »