The Federal Government has explained how it would fund the N5,000 monthly welfare payment to vulnerable Nigerians just as it reaffirmed that the Boko Haram insurgency had been technically suppressed.
Lai Mohammed revealed this in a talk with Vanguard. He said beneficiaries of the N5,000 monthly payment would be required to meet conditions, including enrolment into the country’s development agenda.
He said that the funding of the N5,000 welfare scheme would be achieved through intervention, saying “What we want to achieve by our social intervention of which the conditional transfer is just one part, is to move out millions of Nigerians from poverty. That is why we have this half a trillion naira social intervention.
“Part of what we intend to do with the half a trillion naira is to train market women, artisans and unemployed graduates in the art of management and also give them loans to start their own businesses. Part of our social intervention also includes the transfer of N5,000 to the most vulnerable people.

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Cc: seun, mod,lalasticlala