President Muhammadu Buhari-led federal
government Conditional Cash Transfer (CCT)
Programme has kicked off with Biometric
Capture and Account Opening in Borno
camps for Internally Displaced Persons (IDP)
The programme is a part of the scheme
under the ‘Social Investment Programmes’ of
the government of Muhammadu Buhari.
According to this initiative, one million
extremely poor Nigerians would receive 5,000
naira monthly in 2016.
Laolu Akande, the special assistant to the
vice president Yemi Osinbajo, clarified that
for the
Conditional Cash Transfer, the money would
be paid directly to the recipients through a
payment system that was being worked out.
Osinbajo’s aide said World Bank and the Bill
Gates Foundation were also cooperating with
the federal government to develop an
efficient payment system.
During the presidential campaign Buhari and
his party, the All Progressives Congress,
vowed to pay 5,000 naira a month to the
unemployed and the poorest youths in the
country.
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