FG’s National Cash Transfer Programme Has Improved 620,947 Iives – Uwais

The Special Adviser to the President on Social Investments, Mrs Maryam Uwais, has said that 620,947 Nigerians across 29 states have benefited from National Cash Transfer Programme, a component of social investment programme of the federation government.

She stated that the Federal Government has been using the recovered Abacha loot and the International Development Association /World Bank credit to execute the programme.

Uwais made the statement while delivering an address on Monday at the training on illicit funds,

The Presidential aide who said that from the August 2018 to the October payment cycle, the total amount disbursed from the Abacha loot was $76,538,530 and $27,099,028 from the IDA credit, noted that the gesture was positively changing the fortune of many Nigerians.

She said the decision to distribute the Abacha loot and the IDA funds to poor and vulnerable Nigerians, who were mined from a National Social Register, collated by the National Social Safety Net Coordinating Office, was reached by the Swiss government, the World Bank and the Federal Government.

This, she said, would help to ensure that the funds were well utilised and not diverted to private pockets, as was the case in the past.

She said, “In December 2014, a Swiss judge gave a forfeiture order to the effect that the money ($322.5m) recovered from the family of late General Abacha would be returned to Nigeria, one of the conditions being that the World Bank would be involved in monitoring disbursements there from.

 “Presumably, this was as a consequence to the opaqueness that surrounded the application of recovered funds,” Uwais said.

According to her, efforts to tackle poverty in Nigeria must also take into consideration the basic and peculiar needs of the people.

The Presidential aide expressed regret that there were millions of Nigerian citizens who had never felt the presence of government in their lives, adding many of them had continued to struggle to eat one meal a day.”

Uwais listed key achievements of the Cash Transfer Programme funded with the Abacha loot and IDA loan facility to include enrolment and payment of 620,947 beneficiaries across 29 states.

Send Us A Press Statement Advertise With Us Contact Us

 And For More Nigerian News Visit GWG.NG