business

SPW Programme: FG paid N24.8 billion as stipends to 413,630 beneficiaries

1 Mins read

The Minister of State for Work and Employment, Festus Keyamo, revealed that the federal government contributed $ 413,630 to 413,630 beneficiaries of its special public works program.

The minister disclosed this Thursday in Abuja at the weekly briefing organized by the presidential communication team, according to the Nigeria Press Agency.

What the minister says:
“As in this morning, people started receiving their payment from N40 000 each; it was for those who received N20 000 before, but for those who had not received before and finished their work, we pay them N60 000 everyone.

“So, you will hear jubilation across the country because of this and this N60.000 will save so many lives across the country.

“This will surely reflect the economy because we have designed it so that all areas of the local government benefit.

“It will stimulate the substantive economy even because the beneficiaries will add that money to their businesses.

“So this morning we have so far paid 413,630 people out of 774,000 so that we have reached about 60%.

“All these people received N60 000 each and the total we paid is N24 817,800, the actual money given to Nigerians for them to cushion the CVIV-19 effects of the base,” said Keyamo.

The minister said, however, that all the beneficiaries of the 774,000 targeted can not be achieved because of the peculiarities of the screening process.

What you should know
The Special Public Works Department is one of four (4) core programs organized by the National Directorate of Employment (NDE), under the Ministry of Labor and Employment of Nigeria.
The Ministry revealed that the 774,000 unemployed Nigerians were selected in the 774 local government areas of the 36 States and the CTF for Community Public Works / Environment. Each of the beneficiaries of the program will be paid from N20 000 monthly to carry out public works.
Nairametrics reported in March that President Muhammadu Buhari led the publication of the Funds for the payment of allocations to the 774,000 participants of the current Public Works Program (SPW) across the country.

402 Comments

Leave a Reply