In Photos: Federal Government Begins Payment Of N5,000 To Extremely Poor Nigerians.
The President Muhammadu Buhari-led
federal government Conditional Cash Transfer (CCT) Programme has kicked
off with Biometric Capture and Account Opening in Borno camps for
Internally Displaced Persons (IDP).
The programme is a part of the scheme under the ‘Social I
nvestment Programmes’
of the government of Muhammadu Buhari. 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.
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