Under the nation’s conditional money switch (CCT) programme, over 1.5 million residents have acquired a N25,000 stipend, the National Social Investment Programme Agency (NSIPA) has revealed.
Addressing a press convention in Abuja on Saturday, Halima Shehu, NSIPA’s Chief Executive Officer, stated the company’s goal is to succeed in 15 million residents.
The beneficiaries, she stated, would obtain the stipend for 3 months.
Shehu stated the programmes of Trader Moni, Farmers Moni and Market Moni underneath the Government Enterprise and Empowerment Programme (GEEP) have been relaunched, and disbursement will start in January 2024.
“Under my watch, we have now efficiently kick-started the conditional money switch programme based by the World Bank with a twenty thousand naira (N25,000) month-to-month stipend for 3 months. We are focusing on 15 million households. So far, over a million 5 hundred thousand (N1,500,000) beneficiaries have acquired this stipend.
“We have flagged off the grants for susceptible teams in Kogi with a twenty thousand naira one-off grant that targets the upper proportion of individuals residing with disabilities. Both grants are to easy consumption and cushion the impact of the gas subsidy elimination.
“The authorities is working in direction of an exit technique for the prevailing N-Power beneficiaries, and as quickly as that’s completed, a portal for the enrolment of Batch D might be launched capturing the totally different parts of N-Power similar to N-Tech, N-Creative, N-Teach, N-Knowledge, N-Skills, N-Agro and N-Build.
“There is no doubt that any agency saddled with the responsibility to impact the lives of millions of poor and vulnerable Nigerians becomes the human face of any administration,” she stated.
According to her, the company is working to surpass the expectations of the president.
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