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Presidency maps out strategy for N5000 monthly Allowance



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 Vice president Yemi Osibanjo has through his Senior Special Assistant on media and publicity, Laolu Akande re iterated the need and strategies for the proposed N5000 monthly allowance for Nigeria’s unemployed.

In a statement issued, the federal government said it would not import food for its school feeding programme. And the disbursement will be for the poor.

“The social intervention programme such as the Conditional Cash Transfer would be a direct transfer of N5,000.00 monthly to the extremely poor among us. This is a safety net that several advanced nations have put in place long time in their history often at times of economic challenges.’’ The statement read.

The presidency said it would employ best strategy to make sure that the money is targeted to the right set of people concerned and could be conditioned through school enrolment and immunization

“The money would be paid directly to the people concerned on the condition of school enrolment and immunisation. This way, we are expanding school enrolment and also assuring physical well-being’’.

To ensure a fraud free programme, the presidency said it is working with experts from other global bodies to achieve international best practices.

“We are not talking here of something hurriedly put together or a programme where some consultants would take the huge chunk of the resources. We have experts working in the Presidency, collaborating with experts from global bodies who together will bring to bear international best practices working on how best to implement these programmes.”


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