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Home Featured

Reps Invites Minister Over FG’s 1.1 Trillion Naira Conditional Cash Transfer

by NationalInsight
November 1, 2023
in Featured, News
Reading Time: 2min read
0
Reps Invites Minister

Dr Betta Edu Minister of humanitarian affairs and poverty alleviation.

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The House of Representatives has mandated its committees on constituency outreach and poverty alleviation to invite the minister of humanitarian affairs and poverty alleviation, Dr Betta Edu, to give detailed policy documents adopted in allocation and distribution of funds for the conditional cash transfer.

The House said, the development is in order to ensure transparency and accountability which are fundamental principles of good governance.

The resolution followed the adoption of a motion of urgent public importance on the need to invite the Minister to brief the House on the formula adopted to distribute N1.1 trillion conditional cash transfer to 15 million households in the country.

The House noted that the conditional cash transfer programme is an immediate intervention by the Federal Government to cushion the effect of the removal of petrol subsidy and other economic shocks for vulnerable groups in Nigeria.

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It also noted that the conditional cash transfer is one of the 15 items in the memorandum of understanding between the Federal Government and organized labour on October 2nd 2023.

Read Also; Bayelsa APC dep Gov candidate under fire over inciting comments

The House said it was aware that 15 Million households will be receiving N25,000 each over a period of three months.

The House said it was also aware that there has been a lot of unsatisfactory feedback from the way and manner palliative to vulnerable Nigerians have been handled by some, Ministries, Departments and Agencies (MDAs) which has not in any way reduce hardship in the land.

ALSO READ  NCDC Confirms 91 New Cases as Oyo Records First COVID-19 Death

The House recalled the ugly scenario witnessed during the COVID-19 palliative distribution a few years ago, where items from international donor meant to cushion the effect of the pandemic were mismanaged.

The House said it was also aware that the World Bank Country Representative, Shubham Chaudhuri, confirmed that cash transfers are widely applicable to reduce poverty.

It said it was cognizant that the removal of fuel subsidy necessitated the introduction of various programmes, policies and intervention to alleviate and boost the economics of families and small businesses.

It was also cognizant that the National Assembly members being closer to the people of Nigeria are meant to represent the interest and concerns of their constituents at the National level.

It said National Assembly members therefore deserved to be fully briefed and carried along in the implementation process.

The House worried that there is growing suspicion of the way and manner this programme will be implemented.

The House worried that the lack of transparent handling of the previous conditional cash transfer programmes has led to corruption and fraud, where funds intended for vulnerable people were misappropriated by individuals

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