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.
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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.
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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.
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Sadiya Farouq |