Economy

The disbursement of monthly stipend of Five thousand naira to the poor and the vulnerable under The Conditional Cash Transfer (CCT) programme of the Federal Government has commenced in Ogun state. 

The Program which was flagged off in Odeda local Government area By the State Government will benefit a total of nine thousand, five hundred and ninety three vulnerable people across the state.

Speaking at the Flag off, The Commissioner for Special Duties and Intergovernmental Affairs, Mr Femi Ogunbanwo who said beneficiaries were  drawn from six local governments across the three senatorial districts of the State expressed the hope  that the program would improve household consumption and enhance the economy of the affected communities, among other benefits.

The Head, State Cash Transfer Unit, HUP-CCT, Mrs Olufunmilayo Soyoye-Baker said the scheme was designed to help beneficiaries graduate from poverty, prevent them from sinking further into poverty and build resilience to withstand shock and risks.

In the same vein, The Chairman Odeda Local Government, Mrs Folasade Soyinka expressed appreciation to the Federal And State Government for choosing Odeda as one of the benefitting Local Governments.

Speaking on behalf of the beneficiaries, a farmer, Mrs Sufiana Idowu who commended the state and the federal governments for the gesture said the fund would go a long way in boosting her agriculture business and her standard of living.

Modupeola Sobukonla

Economy

The Minister of Humanitarian Affairs, Disaster Management and Social Development, Hajia Sadiya Umar-Farouk says 3,826 beneficiaries under the Conditional Cash Transfer, CCT, programme have received forty-eight point seven two million naira since its inception in six Local Government Areas of Ondo State.

Hajia Farouk disclosed this during the launch of cash grant to rural women in Akure.

She explained that the payments slated for September to December last year stopped due to the problem with the Payment Service Provider (PSP). 

The minister gave an assurance that the programme would resume in earnest following the president’s social inclusion and poverty reduction agenda, including the realization of the national aspiration of lifting 100 million Nigerians out of poverty in 10 years.

She said 20,000 naira grant would be disbursed to over 150,000 poor rural women across the 36 States of the federation and the Federal Capital Territory, FCT.

Earlier, governor of Ondo State, Mr Oluwarotimi Akeredolu expressed delight in the initiative, which he said would empower rural women as a social inclusion and poverty reduction agenda.

A beneficiary, Mrs Tolulope Kumuyi from Ile-Oluji/Okeigbo LG thanked the federal and state governments for the initiative.

Olorunferanmi Odofin

Politics

Thirteen thousand eight hundred and six people have benefited from the Federal Government’s Conditional Cash Transfer Scheme in Oyo state.

The programme was officially flagged off by the Commissioner for Women Affairs, Alhaja Faosat Sanni in some local government areas of Oyo state.

Our Correspondent Rasheedah Makinde captured the moment for Radio Nigeria.

Rasheedah Makinde