By Concise News correspondents
One of the campaign promises made by President Muhammadu Buhari during election campaign is payment of monthly stipends to the poorest and vulnerable Nigerians.
Starting from Dec 2016, there are indications that the president will make good his campaign promise as the first set of beneficiaries were paid N5, 000 stipends under Conditional Cash Transfer (CCT) scheme.
Below are answers to 10 the most frequently asked questions on CCT as compiled by Concise News.
What is CCT?
The CCT (conditional cash transfer) is a ‘social safety net’ programme under which one million of the poorest Nigerians would receive N5,000 monthly stipend.
When did CCT kick off?
The 1st phase of the CCT covers nine states, & many of the beneficiaries have already reported receiving their 1st payment by Dec 30, 2016.
Why nine states?
The 9 pilot CCT states chosen because they have existing Social Registers of the poorest Nigerians, developed in partnership world bank.
Which states are the pilot states?
The pilot states are Borno, Kwara, Bauchi, C/Rivers, Niger, Kogi,Oyo, Ogun, Ekiti. Other states in progress are Anambra, Plateau, Jigawa, Adamawa, Benue, Enugu, Katsina, Taraba States.
How are beneficiaries selected?
Beneficiaries of the CCT are being selected from Social Registers, developed by state governments through a direct engagement with world bank.
What is social register?
The social registers of poor & vulnerable Nigerians are being compiled by state government using the world bank’s community based targeting (CBT) approach. Nine states have developed their social registers, in partnership with the world bank. Others States are in various stages of developing theirs.
Who’s in custody of the fund meant for this project?
All funds approved for our Social Investment Prog (SIP) – N-Power, CCT, GEEP, HGSFP – are domiciled with the Min of Budget & Nat Planning.
How about beneficiaries payment info?
Payment info for all beneficiaries of the SIP are hosted at NIBSS, as the Consolidated Beneficiary Register, for efficient program management.
How are we sure payments will get to actual beneficiaries?
For utmost transparency the SIP payments are being done through the use of BVN-linked bank accounts, and/or existing mobile money services. The SIP payment processes have been set up with various verification mechanisms to ensure that funds go directly to genuine beneficiaries.
N-Power stipends for instance are being paid directly to BVN-certified accounts. School Feeding funds will go directly to farmers & cooks.
What other social investment programmes does the FG have in stock?
The FG is currently implementing four (4) of the Federal Government’s Social Intervention Programmes (SIP), as follows:
A) N-Power for unemployed graduates.
B) The Government Enterprise and Empowerment Programme (GEEP) – microcredit to traders & artisans.
C) Conditional Cash Transfer (CCT) targeting one million of the poorest Nigerians.
D) Homegrown School Feeding Programme (HGSFP) – running in 3 states.
Answers to these questions were provided by the Presidency