President Muhammadu Buhari’s led- administration has started payment of N5, 000 monthly stipends it promised to poor Nigerians.
The promise was made during its campaign in 2015 and has been fulfilled, as N5, 000 monthly is to be given to the unemployed as well as to poor Nigerians.
The Programme is part of the Conditional Cash Transfer (CCT) of its Social Investment Programmes, (SIP) for which N500 billion was appropriated in the 2016 national budget.
People from nine states; Borno, Kwara, Bauchi, Cross Rivers, Niger, Kogi, Oyo, Ogun and Ekiti are to receive the stipends, with the first batch already having started to receive their payment by Friday last week, Vanguard reports.
According to a statement from the office of the Vice President, “The nine pilot states were chosen because they have an existing Social Register that successfully identified the most vulnerable and poorest Nigerians through a tried and tested community based targeting (CBT) method working with the World Bank.
