The Federal Government on Saturday recommenced its Conditional Cash Transfer programme in Lagos State.
Flagging-off the 5th and 6th Bi-Monthly payment in Lagos State, Commissioner for Wealth Creation and Employment, Mrs Yetunde Arobieke, said that 6,810 persons/households had benefited from the programme since inception.
Arobieke said that the CCT supported the poor and vulnerable to improve consumption, with the aim of reducing poverty, preventing vulnerable households from falling further down the poverty line and building their resilience to withstand shocks.
”The programme is to facilitate the transfer of N5,000 per month to beneficiaries, which is paid on a bi-monthly basis (every two months), with payment given to all eligible households selected from the National Social Register.
”The livelihood component of this programme is fundamentally aimed at enabling beneficiaries to establish a sustainable means of livelihood.
”A total number of 6,810 beneficiaries from six targeted LGAs (Apapa, Amuwo-Odofin, Epe, Ibeju-Lekki, Lagos Island and Badagry) have been benefitting from the Conditional Cash Transfer programme in Lagos State since its implementation,” she said.
The commissioner, who is the State Focal Person on the National Social Investment Programme, said that Lagos State was among the 34 states benefitting from the programme, due to the effort, support and inspiration of Governor Babajide Sanwo-Olu.