Featured Metro Politics News

FG disburses $700m Abacha loot to 1.9m vulnerable households in six years

The Federal Government, through the National Social Safety-Nets Coordinating Office (NASSCO), says it has disbursed about $700 million from the repatriated Abacha looted funds to over 1.9 million poor and vulnerable households across the country in the last six years.

Acting National Coordinator of NASSCO, Kabir Abdullahi, disclosed this at the one-day dissemination meeting by the Centre for Health Education, Economic Rehabilitation and Social Security (CHEERS), which led nine other Civil Society Organisations (CSOs) for the Third-Party Monitoring (TPM) of the National Social Safety Net Programme (NASSP).

He noted that beneficiaries in about four states have not been paid for two years due to logistics reasons, whereby, the ICPC, on seeing a large volume of money, seized the fund, adding that the funds have now been retrieved and that payment in the affected states will commence in earnest.

Abdullahi explained that NASSP project entails conditional and basic cash transfers to poor and vulnerable households, stressing beneficiaries of the basic cash transfer receive N5,000 every month, while those under the conditional cash transfer receive an additional N5000, making it N10,000 every two months.

He stated that the current register of the beneficiaries of conditional cash transfer has 1,940,000 households and with the ongoing enrolment, it is hoped that the target beneficiaries may reach two million by the end of December 2022.

Meanwhile, the CHEERS and other partner CSOs have hailed the Federal Government on the implementation of the National Social Safety-net programme (NASSP).

Earlier, the Executive director, CHEERS, the national lead TPM CSO, Ajia Ogugua Agagbo, said that the major problem encountered during the implementation of the project was that some of the beneficiaries experienced delays in getting their payments and urged the Federal Government to expand the programme in order to reach more poor and vulnerable households.

She stated that the aim of the NASSP TPM is to objectively and independently access beneficiaries/community’s awareness, perception and satisfaction with the programme and as well as check the transparency and compliance level with the standard operating guidelines establishes for the programme.

Agagbo revealed that a total of 18 states and 191 new LGAs were added to the previous 19 states and 280 LGAs that were monitored in Year 1 monitoring cycle. The new states include Lagos, Ogun, Ondo, Ebonyi, Enugu, Delta, Edo, Bayelsa, Rivers, Zamfara, Kebbi, Sokoto, Yobe, FCT, Imo, Abia, Akwa Ibom, and Borno.

Related posts

Arms, Arms Everywhere, But None to Protect us

Our Reporter

Climate Change: Dangote Cement’s commitment yields dividend 

Charles Okonji

Just in: Gbajabiamila sets up committee to review House Rules

Editor

Sango festival: We must preserve, sustain our culture, tradition – Alaafin

Shile GIWA

IMF pledges support to Kenya as $989 standby deal expires

Editor

Ogun Speaker commends FG for Lagos-Abeokuta road

thebusine