The president had on
that same day, November 1st, that Ministers would sign a performance
agreement with him at the end of the 3-day cabinet retreat for ministers,
presidential aids, permanent secretaries and top Government functionaries.
The
Honourable Minister, Dr. Betta Edu, while responding to questions from State
House Correspondents on the day two of the three-day retreat at the State House
Conference Center, Abuja, stated that the ongoing payment of N25,000 to
poor households in Nigeria via the conditional cash transfer programme for the
next three months, amounting to N75,000, was part of it.
The
minister explained that although the Programme is for an immediate cushioning
of the economic shock that these households are experiencing as a result of
fuel subsidy removal, it will contribute to directly affecting the lives of 61
million individuals which is about 15 million households from poverty.
Edu added that the process is being carried out rigorously to ensure that the right people get the money. And it is completely traceable. She said the government is identifying the beneficiaries, verifying their identities through their NINs and BVNs, and ensuring that they are paid.
Many have started receiving funds,
and their details are traceable. The Ministry will partner with NIMC to ensure
the very poor across the nation get their NIN so they can access funds.
The Minister emphasised that the government does not want to rush into paying people and then realised that they don’t even exist. We pay only those with NIN and BVN, whom we have.
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