FG Begins Payment Of N5,000 Monthly Stipends To Poor Nigerians

As part of its determined efforts to touch the lives of Nigerians positively, the Buhari administration has now started the payment of N5, 000 monthly stipends to the poorest and the most vulnerable in the country through the Conditional Cash Transfer (CCT) of its Social Investment Programmes, SIP according to the Presidency.

In a statement by the senior special assistant media to the Vice President, Laolu Akande, under the CCT, one million Nigerians would receive N5000 monthly payments as a form of social safety net for the poorest and most vulnerable as budgeted for in the 2016 Budget.

He said in the first batch that commenced last week, nine states would be covered, and many of the beneficiaries have already reported receiving their first payments by Friday last week, December 30,
2016.

Laolu Akande also said funds for the commencement of the payments in four states were released last week to the Nigeria Inter-Bank Settlement System (NIBSS) – the platform that hosts and validates payments for all government’s social intervention programmes. Funds for another set of five states to complete the first batch of nine states would follow soon.

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Posted: at 3-01-2017 06:34 AM (8 years ago) | Addicted Hero

5k now no b anytin ooo, everytin don cost

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Posted: at 3-01-2017 07:13 AM (8 years ago) | Gistmaniac

Get out president. Check well only d Muslim and hausa people they pay. And u say the poor people. Pls get a life in 2017.

Posted: at 3-01-2017 08:14 AM (8 years ago) | Upcoming

that is change.

Posted: at 3-01-2017 08:55 AM (8 years ago) | Gistmaniac

I am biginnin to believ dat dis man is a confused man, com to tink of it, hw many pple can he pay? D populatn is almost 200 million now, and over 70% of dis 200 million is presently poor in dis country, instead of u to tink of hw to reviv d economy wit dis money, u ar sharing d little money among ur mallam brothers by saying u want to b payin d poor nigerians 5k monthly,wat exactly can somone buy wit 5k dat wil last for 1 month in dis present condition of dis country? is dis really d change u talked abt in ur champaign promises? Mr. President,,
u beta do somtin b4 somtin do u oooo,and dont forget that dere is GOD oooo.

Posted: at 3-01-2017 09:52 AM (8 years ago) | Gistmaniac

u hav said it all, com to tink of it, d commissioners dat wil b in charg of distributin dis 5k,, dey wil b d pple to start d looking even b4 d money wil get to d so-called poor pple, d money might hav finished,.
My dear politicians, dnt forget dat 1 day u wil die and leav nigeria behind, by den u wil go to hell and u wont even remember where u hav kept all these money dat u hav been looting ooooo.
Pls repent and do d right tin now dat u ar still alive...

Posted: at 3-01-2017 10:36 AM (8 years ago) | Gistmaniac

this will run for how many months....Mr president.

Posted: at 3-01-2017 10:51 AM (8 years ago) | Gistmaniac

I just dey observe,,,, no be konfirm rumour

Posted: at 3-01-2017 12:45 PM (8 years ago) | Addicted Hero

5k wey no reach your daughters to paint their finger nails nia you dey give to poor masses earth and thunder swallow you.

Posted: at 3-01-2017 02:27 PM (8 years ago) | Upcoming

Please please hold on, why e be say everywhere I take even when I wan hide yawa dey there?

Why why?

Yawa life, yawa goes on

Posted: at 12-01-2017 02:44 AM (8 years ago) | Addicted Hero