Conditional cash transfer to beneficiaries begins
Lagos State’s focal person on National Social Investment Programme (NSIP) and Commissioner for Wealth Creation and Employment, Mrs. Yetunde Arobieke, on Friday flagged off the fifth and sixth bimonthly payment cycles exercise to beneficiary households in Lagos State, being one of the 34 states in Nigeria, benefitting from the Federal Government cash transfer programme.
Arobieke, who flagged off the payment in Apapa Local Council, said conditional cash transfer supports the poor and vulnerable to improve consumption, with the aim of reducing poverty, thereby preventing vulnerable households from falling further down the poverty line.
Arobieke added that the support would help to build resilience to withstand shocks. She explained that the major benefit of the programme is capacity building, which are built at all tiers to enhance empowerment of beneficiaries’ household to be self-reliant.
The commissioner further stated that training is carried out at three tiers: officers at the state level and local government level are trained, who in turn cascade the training to the beneficiaries in their communities.
“Beneficiaries are trained on Life Skill (LS) and Savings Group Mobilisation and Micro Business Development (SGMB), which are targeted at enabling beneficiaries to save, form cooperative groups, make financial plans and engage in viable business activities within their communities, to strengthen their livelihood activities by contributing their share to the state and national economy,” she said.
Arobieke explained that the NCTP is supported by the World Bank, and that the programmes focus on the poor and vulnerable households in Nigeria, as identified through a combination of geographic and community-based targeting mechanisms.
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