Headlines

FG Resumes Payment Of Conditional Cash Transfer

The Federal Government of Nigeria, (FG) Friday, began distribution of a monthly stipend of N5,000 to the vulnerable people of Ogun State, under its Conditional Cash Transfer (CCT) programme.

Brand News Day reports that the Commissioner for Special Duties and Intergovernmental Affairs in Ogun, Mr Femi Ogunbanwo, made this know at the flag-off of the programme at Odeda Local Government Area, stating that a total of 9,593 people would benefit from the FG benevolent gesture in the state.

Ogunbanwo revealed that the beneficiaries of the CCT scheme were selected from six local governments across the three senatorial districts of the state.

Advertisement

He said that the Household Uplifting Programme (HUP) was introduced by the federal government in 2016 to fortify the social safety net.

“The programme, HUP-CCT, is being coordinated by the Federal Ministry of Humanitarian Affairs, Disaster Management and Social Development.

“It is basically to help the poor graduate from poverty, prevent the poor and the vulnerable from sinking further into poverty and build resilience to withstand shock and risks,” he said.

Advertisement

The commissioner said that the pilot programme began in Ogun in October 2020 with enrolment and data capturing activities.

Speaking further, Ogunbanwo added that identification cards were thereafter issued to the beneficiaries to serve as a means of authentication and eligibility for payment.
The commissioner expressed assurance that the gesture would improve household consumption and enhance the economy of the affected communities, among other benefits.

He commended Governor Dapo Abiodun for ensuring that the people of the state benefited from the programme.

Advertisement

FG Resumes Payment Of Conditional Cash Transfer

“Today’s flag-off of HUP-CCT would not have been possible in the state if the governor had not been magnanimous enough to embrace the programme.

“This programme had started in other states in 2016 but the previous administrations in the state did not take steps to ensure that our people benefited from it.

“Surely, the governor deserves appreciation for his commitment to the development of the state and the improvement of the living standard of the people,” he said.

Advertisement

Ogunbanjo, while encouraging the beneficiaries to make judicious use of the funds, also urged government officials as well as religious and community leaders in the state to support the programme to achieve the intended purpose.

In her remarks, Head, State Cash Unit, HUP-CCT, Mrs Olufunmilayo Soyoye-Baker, asked the beneficiaries to drop their phone numbers or account details, saying that subsequent disbursements will be digital.

Facebook Comments
Advertisement
Adebayo

Adebayo is a Content Developer and website manager who loves to learn, unlearn and relearn. He has a knack for exploring the tech world. He is always thirsty to learn as the tech ecosystem evolves every day.

Recent Posts

Stanbic IBTC PMI: Business Activity Rises For First Time In Six Months

There were tentative signs of improvement in the Nigerian private sector during the final month…

3 weeks ago

Stanbic IBTC Insurance Limited Passes Audit Certification; Reinforces Commitment To Excellence And Transparency

Stanbic IBTC Insurance Limited, a subsidiary of Stanbic IBTC Holdings and a leading life insurance…

3 weeks ago

BREAKING: Jeju Air Plane Crash Leaves Over 149 People Dead In Korea [Video]

It is a black Sunday in South Korea as the Jeju Air Plane Crash news hits…

3 weeks ago

Black Market Dollar To Naira Exchange Rate In Lagos, FCT, 29 December 2024

Black Market Dollar To Naira Exchange Rate Today In Lagos, FCT, 29 December 2024. BrandNewsDay…

3 weeks ago

Digital Payments Ecosystem Requires Robust Collaboration- TeamApt Ltd CEO, Ajalie

TeamApt Ltd’s Managing Director, Dennis Ajalie, has said that fintech companies and banks play very…

3 weeks ago

Stanbic IBTC Bank Leads In Capital Importation, Achieving 28.30% Foreign Inflows In 2024

In a remarkable demonstration of resilience and strategic adaptation, Stanbic IBTC Bank, a member of…

3 weeks ago

This website uses cookies.