By using this site, you agree to the Privacy Policy and Terms of Use.
Accept
Okay News
  • News
  • Entertainment
  • Business & Economy
  • Sport
  • Tech
Reading: Payment of N5000 Stipend, Sign of Buhari’s Commitment to People’s Welfare, Says Tinubu
Font ResizerAa
Okay NewsOkay News
  • News
  • Entertainment
  • Business & Economy
  • Sport
  • Tech
Follow US
2025 © Okay International Limited - All rights reserved
News

Payment of N5000 Stipend, Sign of Buhari’s Commitment to People’s Welfare, Says Tinubu

Farouk Mohammed
By
Farouk Mohammed
ByFarouk Mohammed
Publisher
Farouk Mohammed is the Publisher and Lead Editor of Okay News, an international digital news platform delivering verified reporting across technology, global affairs, business, innovation, and...
Follow:
Published: 2017/01/07
4 Min Read
Share
SHARE

The National Leader of the All Progressives Congress, Asiwaju Bola Ahmed Tinubu, has commended President Muhammadu Buhari for the commencement of the payment of N5,000 each to the poor and most vulnerable under the Conditional Cash Transfer programme of the present administration.

 

Asiwaju Bola Ahmed Tinubu

The programme was part of the cardinal promises of Buhari during the 2015 campaign.

Asiwaju Tinubu said the stipend for the poor was a sign of the Buhari-led APC government’s commitment to people’s welfare.

He said in a statement by his Media Office: “I commend President Buhari for keeping faith with his campaign promise. I commend him for empathizing with the poor and the most vulnerable among us.

“The payment could n’t have come at a better time than now. The stipend is a sign of the government’s commitment to people’s welfare. We must all unite to beat poverty and bring prosperity to the land.”

Tinubu again called for support for the present administration, saying with such, the government would soon turn things around for the benefit of the people.

President Buhari had started the payment of N5,000 each to one million poor Nigerians under its Conditional Cash Transfer programme, which is one of his cardinal campaign promises.

Under the programme, the President had promised to empower one million poor and most vulnerable with the N5,000 monthly stipend each.

The programme is under the government’s Social Investment Programmes, where N30,000 monthly stipends were earlier paid to 200,000 youths under the N-Power programme, which began in December 2016, and the School Feeding programme.

The commencement of the N5,000 payment was announced on Monday in a statement from the Office of the Vice-President, Prof. Yemi Osinbajo.

The statement, signed by the Vice-President’s spokesman, Laolu Akande, said the first batch of payment would cover nine states.

Akande said some of the beneficiaries had started receiving their payments since December 30, 2016.

Akande had said funds for the payments to beneficiaries in Borno, Kwara and Bauchi States were released last week to the Nigeria Inter-Bank Settlement System, the platform that hosts and validates payments for all government’s SIP.

He said the funds for another set, which included Cross Rivers, Niger, Kogi, Oyo, Ogun and Ekiti States, would follow soon to complete the first batch of beneficiaries.

According to Akande, the nine pilot states were chosen because they had an existing Social Register that successfully identified the most vulnerable and poorest Nigerians.

He said the registers emerged through a tried and tested community-based targeting method working with the World Bank while other states were developing their social registers and would be included in subsequent phases.

Akande said the Federal Government would commence community mobilisation for the creation of the social registers in more states to expand the scope and reach of the Conditional Cash Transfer across the country.

TAGGED:buharitinubu
Share This Article
Facebook Pinterest Whatsapp Whatsapp Email Print
Previous Article Mixtape: DJ Baddo Presents ‘Rave Of The Moment Mix’ | LISTEN
Next Article Niger Delta Avengers Order Fighters to Prepare For War

Stay Connected

FacebookLike
XFollow
InstagramFollow
TiktokFollow
WhatsAppFollow
- Advertisement -

You Might Also Like

InternationalNews

Le Creuset Owner Paul van Zuydam Joins South Africa’s Billionaire Ranks at 87

By
Adamu Abubakar Isa
2 Min Read
News

Ex-PDP Lagos Governorship Candidate Jandor Meets Tinubu, Briefs Him on LG Funds

By
Adamu Abubakar Isa
1 Min Read
News

Kwara PDP Criticises State Government Over Silence After Offa Christmas Night Explosion

By
Oluwadara Akingbohungbe
4 Min Read
Okay NewsOkay News
2025 © Okay International Limited - All rights reserved
  • About Us
  • Advertising
  • Contact
  • Careers
  • Team
Welcome Back!

Sign in to your account

Username or Email Address
Password

Lost your password?

Continue with Facebook
Not a member? Sign Up