GOOD NEWS!!Lagos Govt To Commence Payment Of N5,000 Conditional Cash Transfer
Lagos state government has said that in a matter of weeks, it would commence the payment of the Conditional Cash Transfer of N5000 each to beneficiaries cleared for the first phase of the National Cash Transfer Programme.
Yetunde Arobieke, Commissioner, of the Ministry of Wealth Creation and Employment dropped the hint on Thursday during Governor Babajide Sanwo-Olu’s first year anniversary ministerial pressing briefing at the JJT Park, Alausa.
According to her, 8147 beneficiaries have been cleared in the first phase of the scheme following the state’s approval of the establishment of the State Cash Transfer Unit (SCTU) for the implementation of the National Cash Transfer Programme.
She said that the programme captured to date 8,147 registered poor and vulnerable households in six local government areas and 30 wards in Amuwo-Odofin, Apapa, Badagry, Epe, Ibeju Lekki and Lagos Island.
Arobieke also stated that the mapping activity to capture all the poor and vulnerable households in other local government and local council development areas are ongoing and that these households will be covered as soon as their data is made available by the State Operation Coordinating Unit (SOCU).
“Cashing out is expected to commence soon and 8,147 cleared beneficiaries from the State’s Social Register of poor and vulnerable households from six local government areas and 30 wards in the state are expected to be paid the Conditional Cash Transfer of N5,000 each per household monthly in the first phase,” she said.
The Commissioner further stated that the Lagos State Employment Trust Fund (LSETF) Employability Support Project (LSESP) is increasing the pool of skilled manpower to alleviate the acute shortage of employable labour.
“The issue of unemployment and underemployment that LSESP is tackling is relevant to the beneficiaries because by equipping them with the necessary skills they can provide for their family and friends and improve their standard of living,” she said.
Speaking further Arobieke said that in realization of the huge role of the Ministry and the LSETF during the Covid-19 pandemic economic crisis, the Ministry has rolled out several strategic priority programmes to cushion the effect of the pandemic on enterprises, employment and incomes, stimulate the economy and protect and create jobs.
“Lagos State Employment Trust Fund Loan beneficiaries can now apply for a moratorium on their loan repayments. For the avoidance of doubt, only performing loans beneficiaries and beneficiaries with past due obligations of not more than 60 days can apply,” she added
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