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1.6 million poor households paid N10,000 stipend bimonthly – FG

The government of President Buhari has stated that 1.6 million poor households received a bi-monthly payment of N10,000 each, as part of their plan to alleviate the suffering of citizens.

This was announced by the Minister of Labour, Employment and Productivity, Dr Chris Ngige, during the International Workers’ Day celebrations.

Speaking further, Ngige also noted the regime’s efforts towards the improvement of living conditions of Nigerians.

He said, “In 2016, President Muhammadu Buhari launched the National Social Investment Programme, currently the largest of such programmes in Africa and one of the largest in the world. The National Social Register of Poor and Vulnerable Nigerians now has 32.6 million persons from more than seven million poor and vulnerable households, identified across 708 local government areas, 8,723 wards and 86,610 communities across the 36 states of the country and the FCT.

“From this number, 1.6 million poor and vulnerable households, comprising more than eight million individuals in 45,744 communities from 5,483 wards of 557 LGs in 35 states and the FCT, are currently benefiting from the Conditional Cash Transfer  programme, which pays a bimonthly stipend of N10,000 per household.

“Not forgetting the Housing Sector, The Family Homes Fund Limited incorporated by the Federal Government of Nigeria in September 2016, is the implementing agency for the Buhari regime National Social Housing scheme.

“More than 2,000 hectares of land with titled documents have been given by 24 states under the Buhari regime Social Housing Programme, which can accommodate about 65,000 new homes.

“Under the National Social Housing programme, Nigerians will be given at least 15 years with a monthly payment at a six per cent interest rate to pay for each housing unit. The Central Bank of Nigeria provides an N200bn financing facility, guaranteed by the FG. States like Enugu,Nassarawa Delta, Kano have benefitted their workers from the scheme.”

Source:Rootstv
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