President Muhammadu Buhari has started the payment of N5,000 each to every Nigerians under its Conditional Cash Transfer programme, which is one of his cardinal campaign promises. Under the programme, President Buhari had promised to empower Nigerians with a monthly stipend of N5,000 each.
The programme is under the government’s s Social Investment Programmes, which earlier saw the payment of N30,000 monthly stipends to 200,000 youths under the N-Power programme which began in December 2016. The registers emerged through a tried and tested based targeting method working with the World Bank.
“All the funds approved for the Federal Government’s Social Investment Programmes, SIP, are domiciled in the Ministry of Budget and National Planning. “It is to ensure and fortify efforts at the authentication and verification, as well as for effective and efficient programme management.