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July 5, 2024
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FG resumes Conditional Cash Transfer payment 

FG resumes Conditional Cash Transfer payment 

The Federal Government has resumed the payment of N5,000 monthly stipend to 12,337 poor and vulnerable households through digital means in Ondo State.

Head of Unit, Ondo State Conditional Cash Transfer (CCT) Office, Mrs Tosin Olupona, disclosed this in an interview with the News Agency of Nigeria (NAN) on Monday in Akure.

The CCT programme is one of the National Social Investment Programmes (NSIP).

According to Olupona, the backlog has been lodged on each of the beneficiary’s new debit card accounts that will be accessed through payment agents in their communities.

She revealed that the benefiting families were from 15 local government areas out of the 18 local governments in the state.

Olopona attributed the delay in payment to operational issues, adding that the backlog payment was from six to 20 months, depending on when the beneficiary joined the scheme.

 

“We are here because we have just commenced payment of backlogs of stipends of our beneficiaries; this is victory at last because you can see that everyone is happily collecting their money.

“We have a backlog of between six months and 20 months, and they have been agitating to collect their money and we have been moving from one local government to another to pay them.

“What you are seeing are debit cards of the beneficiaries. The payment method has been digitalised instead of cash payments, we are distributing debit cards to them instead of carrying cash around.

“So, on getting to their communities, they will be accessing their funds through the payment agents

The delay was a result of an operational issue which is not the fault of ours. I think it affected four states that are having this operational issue, but it has been resolved now, so, that’s why we are paying them,” she said.

Olupona appreciated the Federal Government, Gov. Rotimi Akeredolu and the state focal person for the intervention programme, Mrs Olubunmi Ademosun, for ensuring that the payment was restored.

Also speaking with NAN, a beneficiary, Mrs Jumoke Kolawole, from Akure North Local Government, appreciated the Federal Government for resuming payment for beneficiaries.

(Nan)

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