1-Year-in-Office: Tinubu to Resume N-Power, Other Conditional Cash Transfer Programmes

1-Year-in-Office: Tinubu to Resume N-Power, Other Conditional Cash Transfer Programmes

  • President Bola Tinubu has announced that his administration will be resuming the suspended condition cash transfer scheme
  • Minister of finance and coordinating economy, Wale Edun, announced this during a media briefing on Tinubu's one year in office
  • According to the minister, the scheme will provide direct payment to 75 million Nigerians and 50 million households, especially the vulnerable

Legit.ng journalist Bada Yusuf is an accomplished politics and current affairs editor, boasting over seven years of experience in journalism and writing.

President Bola Tinubu's administration is set to put smiles on the faces of vulnerable Nigerians. To celebrate one year in office, the federal government announced the reinstatement of the suspended social investment programme.

According to the federal government, the scheme would provide direct payments to 50 million households of 75 million Nigerians. It is designed to reduce Nigerians' suffering.

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President Bola Tinubu announces return of conditional cash transfer programmes
Tinubu celebrates his one-year in office with the return of conditional cash transfer Photo Credit: @officialABAT
Source: Twitter

According to The Punch, the federal government disclosed that it had overhauled the cash transfer programme to reduce fraud.

Wale Edun, the minister of finance and coordinating economy, announced the development at a ministerial briefing designed to mark Tinubu's first year in office.

Why Tinubu suspended N-Power, others

Recall that on June 12, 2023, Tinubu announced the suspension of N-Power and other programmes under the National Social Investment Programme Agency for six weeks to allow investigation into allegations levelled against the agency.

Betta Edu, the minister of humanitarian affairs and poverty alleviation, was also suspended by Tinubu on January 8, 2024. Betta was suspended because her ministry supervised the programme.

The conditional cash transfer scheme, which included the home-grown school feeding initiative, N-Power, and the government enterprise and empowerment programme, affected the intervention programmes.

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However, on March 13, 2024, the House of Representatives directed the federal government to resume the social investment initiatives.

In revamping the programme, the president approved the establishment of a special presidential panel chaired by Edun to review and audit the social investment programmes' financial framework and policy guidelines.

In an update on the development, the minister disclosed that the government had decided to resume the programme and assist poor Nigerians.

Buhari wishes Tinubu success

Legit.ng earlier reported that ex-president Muhammadu Buhari called on Nigerians to support the administration of his successor, Tinubu.

In his goodwill message to Nigerians, Buhari called for strengthened national unity among Nigerians.

The immediate past president congratulated Tinubu for his one year in office and expressed his wishes for the success of his administration.

Proofreading by James Ojo Adakole, journalist and copy editor at Legit.ng.

Source: Legit.ng

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Bada Yusuf (Politics and Current Affairs Editor) Yusuf Amoo Bada is an accomplished politics and current affairs editor, boasting over 7 years of experience in journalism and writing. He is a graduate of OAU, and holds Diploma in Mass Comm. and BA in Literature in English. He has obtained certificates in Leadership and received the "Certificate for Breakthrough of the Year 2022" in recognition of his great performance during his first year at Legit.ng. Worked as Editor with OperaNews. Contact: bada.yusuf.amoo@corp.legit.ng or call 08161717844

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