Over 26,000 People Receive 5,000 Naira Monthly Stipend
The Nigerian government says at least 26,000 people have benefited from its monthly 5,000 Naira stipend which is part of its Social Intervention Programmes.
This is over 134, million Naira paid out monthly.
An update on the programmes presented to the Acting President, Professor Yemi Osinbajo, on Tuesday showed that Borno, Cross River, Niger, Kwara, Ekiti, Kogi, Oyo, Osun and Bauchi were benefiting states at the moment.
A statement by Mr Laoulu Akande, a spokesman for the Acting President, showed that 26,942 beneficiaries in 84 local government areas of the 9 benefiting states received stipends as at April.
According to Mr Akande, a directive had been issued by Professor Osinbajo that more states should be added to the number.
The number of beneficiaries is expected to rise to about 400,000, with more states covered in the next few months, he said.
The presidency also hinted that 57,234 interest free loans were disbursed under the Government Enterprise Empowerment Programme (GEEP), designed to empower market women, traders and artisans.
According to Mr Akande's statement, GEEP, designed for no fewer than one million Nigerians, had now registered 3,162,451 people.
“So far, women participation has been remarkable with 56 per cent of loans so far disbursed to women beneficiaries in 28 States and FCT.
“Directives have also been given to scale up the loan disbursement to 150,000 by end of next month, Akande added.