Nigeria’s Vice President Yemi Osinbajo, in a statement during the weekend shared more details about the N5000 monthly stipend for the poor and the national food funding scheme.
He said the plan won’t be a one-off scheme that will fail in no time. According to him, plan had taken care of some of the factors that led to the failure of previous poverty alleviation schemes.
“One of the major differences here is that the social intervention programme such as the Conditional Cash Transfer would be a direct transfer of N5,000 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 money would be paid directly to the people concerned on the condition of school enrolment and immunization.
“This way, we are expanding school enrolment and also assuring physical well-being.”
The Senior Special Assistant on Media and Publicity to the Vice President, Mr. Laolu Akande, who stated this in a statement on Sunday, explained that the School Feeding Programme, which is another aspect of the social intervention programmes, would be entirely homegrown, unlike previous Federal Government plans in the past which relied on importation.
“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,” he added.
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