Fourteen thousand, five hundred and twenty-nine households in Oyo State have received N5,000 monthly under the National Conditional Cash Transfer Programme (NCCTP), National Coordinator Dr. Temitope Sinkaiye said yesterday, the Nation newspaper reports.
She told reporters in Saki East Local Government at the launch of the Integrated Management Information and Payment System that the beneficiaries were from 19 of the 33 local governments.
Sinkaiye said the cash transferred to the 14,529 households had a multiplier effect on 48,591 members.
She said each household got N10,000 bi-monthly for ease of coordination, effectiveness and reconciliation of the account.
The coordinator said the programme would respond to deficiencies in capacity and lack of investment in human capital among poor and vulnerable households.
She stressed that the programme focused on poor and vulnerable households, identified through geographic and community-based targeting mechanism.
“From December 2016 to March 2018, eight payment circles have been carried out.
“To date, 297, 973 benefiting households have been paid across 20 states listed below, with 1,427,056 household members benefiting from the cash transfers,” Sinkaiye said.
News Agency of Nigeria (NAN) reports that NCCTP is moving its payment system from Mobile Money Operators to Integrated Management Information and Payment System, supervised by World Bank consultants.
The system will capture beneficiaries’ activities from enrolment to livelihood endeavours.
She said their data were being generated by Oyo State Operation Coordinating Unit for Youth Empowerment and Social Support Operation.