FG flags off National Rural Cash and Digitized Payment System

FG flags off National Rural Cash and Digitized Payment System

The Ministry of Humanitarian Affairs, Disaster Management and Social Development has flagged of its National rural cash and digitized payment system for conditional cash transfer programme.

 

The minister announced that, over 12 million household have benefited from the National Social Insurance Programme, NSIP.

 

Sadiya Umar Farouq described NSIP as the largest social intervention programme in Africa, costing Government a budgetary allocation of one billion dollars annually, she added that, President had approved the expansion of the programme to lift more Nigerians out of poverty.

 

You may also like: Latest update on NEXIT Loan and Npower Batch C

 

The minister also added that, the programme was designed to provide a one-off grant to some of the poorest and most vulnerable Nigerians in rural and per-urban areas of the country under which a grant of 20,000 naira would be disbursed to poor and vulnerable categories across the 36 States of the federation including the FCT.

 

Declaring the programme open, The Governor of Osun Stae, Mr. Adegboyega Oyetola commended the Federal Government social intervention programme which he described as a major step to reducing poverty among the people.

 

Download Videos from Socials for free using this Online Video Downloader

 

He further advised the beneficiaries to make use of the 20,000 grants judiciously. He added that, every big business that you see today started small. So, it is not an excuse to described 20,000 naira as too little to start a business.

Sadiya Farouq