Breaking News

Osun begins Interview for shortlisted Teachers across the State | EASTER: KEEP HOPE ALIVE FOR THE PROMISE OF BETTER DAYS AHEAD ,GOVERNOR ADELEKE ENJOINS OSUN PEOPLE | Governor Adeleke to Attend Investment Summit and Commonwealth Trade & Investment Forum in London. | Alternative High School for Girls: Operations Will Commence Soon – Osun Govt Insists | Governor Adeleke Directs Police Commissioner to Stop Tax Extortion & Forgery by Yes/No Council Chairmen. | RE: BORIPE LG INAUGURATES MARKET TASK FORCE: OSUN STATE GOVERNMENT WARNS ALL TO DISREGARD ILLEGAL ACT. | GOVERNOR ADELEKE MOURNS PASSING OF OSUN APC CHIEFTAIN, DR ADEKUNLE ADENIJI. | Osun APC in Identity Crisis, Scared of Governor Adeleke’s Local and National Acceptability. | Governor Adeleke Fosters Cultural Tourism at British Museum, Links UK, Osun Businesses in B2B Conference | Governor Adeleke Seeks UK Subnational Investment, Signs MOU on Investment Facilitation | Ifon- Ilobu- Erin Osun Communal Disputes: Governor Adeleke relaxes 24 hours curfew to 12. | GOVERNOR ADELEKE MOURNS PASSING OF EX-OYO GOVERNOR, PA OLUNLOYO. | COURT-SACKED YES/NO CHAIRMEN: OSUN APC RAISED FALSE ALARM | Governor Adeleke to Attend Investment Summit and Commonwealth Trade & Investment Forum in London. | NULGE National leadership commends Governor Adeleke’s Leadership Ingenuity Maturity | Ilobu/Ifon Conflict: Camping for Displaced People Underway. | N159 Billion Infra Plan – Osun APC is Ashamed of its Sordid Records – Spokesperson. | N159 Billion Infra Plan – Osun APC is Ashamed of its Sordid Records – Spokesperson | Governor Adeleke Crowns Monica Adenike Queen of Adire, Commissions Nike Arts Gallery | GOVERNOR ADELEKE CELEBRATES FORMER SSG, ALHAJI FATAI AKINBADE AT 70 | GOVERNOR ADELEKE TO OSUN PEOPLE: LET DEVELOPMENTAL POLITICS UNITE US.
Higher Program Officer February 15, 2024

Economic Crisis:Governor Adeleke Disburses N500m Plus Social Safety Funds

● 19,000 Plus Beneficiaries Joyful

● Another 60, 000 Get ATM Cards

OSOGBO-15/02/2024- osunstate.gov.ng

Governor Ademola Adeleke on Thursday disbursed a total sum of Five Hundred and Eighty Eight Million, One Hundred and Five Thousand Naira only (N588, 105,000.00) to 19,720 beneficiaries of Imole Osun Cash Grant Scheme.

An additional Sixty Thousand identified poor segment of the population are to receive ATMs of their bank accounts to facilitate their access to such grants.

In continuation of his administration’s efforts to cushion the effects of the hard time, Governor Adeleke said the beneficiaries are mined from the State Social Register for Poor and Vulnerable Households domiciled in the State Operation Coordinating Unit, National Social Safety Net Project in the Ministry of Economic Planning, Budget and Development.

The Governor represented by the Head of Service, Mr Ayanleye Aina reviewed the many programmes of his administration to attend to the needs of the poor, the weak and the under-privileged said the administration has invested heavily in the Social protection sector, developing and implementing several high-level Social Security Strategies to reduce the poverty , unemployment and low productivity space among others.

Describing himself as a pro-poor, pro-welfare leader, the Governor said his administration’s Five Point Agenda has social investment as the core of its focus, noting that “these policies cut across health, education, agriculture, youth, women, children development and Special Needs.

“During our electioneering campaign, we promise that we shall not abandon them. We assure that we shall institutionalize an all-inclusive and well-coordinated Social protection Policy that will provide a life support system for the poor and vulnerable . This support system shall aim to reduce the income gap between the haves and the haves-not in our dear state.

In pursuance of that promise, the State Government of Osun under my watch, in collaboration with the Federal Government of Nigeria, through the State Operation Coordinating Unit (SOCU), National Social Safety Net Project, supervised by the Ministry of Economic Planning, Budget and Development today launched this disbursement to the poor of the poor in the state

“Each beneficiary was supported with a sum of between Twenty Five (25,000.00) and Thirty Thousand Naira (N30, 000.00) only. Among the 19,720 beneficiaries, 10,390 of them with existing bank accounts have had access to withdraw and utilize their money.

Also, I have given approval that the remaining 9,330 beneficiaries be given their debit cards. These people are poor people without account numbers and with this distribution, it becomes an achievement that is in tandem with the financial inclusion policy of the Federal Government.

From the foregoing, at least 60,000 people are going to receive their ATM cards of bank accounts which was facilitated through this programme. The smart cards can be useful for further pro poor interventions and private use”, the Governor was quoted as saying.

Governor Adeleke said the objective of the cash intervention is to provide relief for the most poor and vulnerable population in the state against the harsh economic conditions occasioned by the removal of fuel subsidies, high cost of living among others.

Signed
Mallam Olawale Rasheed,
Spokesperson to the State Governor.

Leave a Reply

Your email address will not be published. Required fields are marked *