At least, One million poorest Nigerians are to get five thousand naira monthly from the Cash Transfer of the Buhari Social Investment programmes soon.
However, there are no online applications required for the very poor Nigerians for whom the monthly N5,000 Conditional Cash Transfer of the Buhari Social Investment programmes are designed for.
This clarification was made by Mr. Laolu Akande, the Senior Special Assistant on Media in the Office of the Vice President in a chat with the press.
He was responding to questions arising from what he described as some misleading reports in the media regarding the implementation of the N500b Social Investment Programmes of the Buhari administration. The said media reports are based on a recent debate and resolution on a motion in the Senate, titled “The Need to Avoid the Mismanagement of the N500b Social Intervention Funds.”
“While we understand the need for an ongoing public discussion of this unprecedented budgetary allocation in favor of the Nigerian people especially the poorest and the most vulnerable, it is not correct to claim any form of mismanagement or marginalization whatsoever,” he said.
“ There has not been any disbursement from the allocated fund not to talk of any kind of mismanagement at all. While it is true that funds are being released for the social investment programmes, it is rather preposterous for now to say there is no evidence where the funds have gone to.
As an administration noted for its transparency, we intend to fully keep Nigerians posted on all financial expenditure in line with extant laws of the country.”
The Presidential spokesperson explained that “of the series of social investment programmes we have outlined, only the job creation scheme-N-Power requires an online registration from unemployed graduates and non-graduate youths.”
He noted that the Conditional Cash Transfer, CCT, which would pay N5000 monthly to the most vulnerable and the poorest Nigerians-a total of one million in the first year-“no online registration of any kind is required,” Akande asserted.
Justifying the requirement for online registration for the hiring of 500,000 unemployed graduates, Akande said “it is important to explain, again, for the benefit of clarity, that the requirement for online application for the N-Power job scheme makes absolute sense considering that all together the Federal Government is planning to hire half a million unemployed Nigerian graduates.”
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