The Federal
Government has commenced the monthly payment of N5, 000 stipend to the poorest
and most vulnerable in the country through the Conditional Cash Transfer (CCT)
of its Social Investment Programmes (SIP). Under the CCT, one million poorest
and most vulnerable Nigerians would receive N5, 000 monthly as a form of social
safety net. In the first batch that commenced last week, nine states (Borno,
Kwara, Bauchi, Cross Rivers, Niger, Kogi, Oyo, Ogun and Ekiti) were covered and
many of the beneficiaries had acknowledged receiving their first payment by
Friday, December 30, 2016.
