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Only 5% Of N500bn Social Intervention Funds Released – Rep - Politics - Nairaland

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Only 5% Of N500bn Social Intervention Funds Released – Rep by princesweet: 6:38am On Sep 08, 2016
Three months to the end of the fiscal year, Chairman, House of Representatives Committee on Poverty Aleviation, Mohammed Ali Wudil, said the Federal Government has only released N20bn or about five per cent of the N500bn budgeted as social intervention programme in 2016.

The lawmaker spoke yesterday at a Civil Society Organisation, CSO’s engagement on monitoring
Federal Government’s Social Protection and Sustainable Development Goals, SDGs.

According to him, lawmakers are engaging the executives to speed up actions on the programme to ensure that citizens, who are supposed to benefit from it are not left to continue to suffer.

He expressed concern that the year would wind down in about four months without achieving any meaningful impact on the lives of the poor.

Wudil said over eight million Nigerians were expected to benefit from the N500bn social intervention, adding that apart from the social intervention, jobs would also be created by infrastructural projects that would be restored and the new ones that would soon be taking off.

“The huge budget of N500bn remained idle amid increasing socio-economic pressures on the would-be beneficiaries.

“Definitely, the office of the Special Adviser, Social Investments in the Presidency is facing challenges rolling out plans for the implementation.

“The huge amount that was allocated to the office needs to be justified, particularly now that poverty has gone so high in the country,” he said.

In her presentation, Special Adviser to President Muhammadu Buhari on Social Investment, Mrs. Maryam Uwais, who outlined different Special Intervention Projects of the Federal Government, said it is designed for delivery under five sections.

These include the N-power, designed to help young Nigerians acquire and develop life-long skills to become solution providers in their communities and to become players in the domestic and global markets.

There is home grown school feeding for primary school children through locally sourced foods within the country; direct cash transfer of N5,000 monthly to targeted poor and vulnerable households, targeting one million people.

She also listed enterprises and empowerment program, involving financial inclusion and access to credit for market women, artisans, youths and farmers as well as STEM bursary program.

Also, Head Partnership and Local Rights Program, ActionAid, Suwaiba Jubrin, said the civil society is engaging the government to ensure that the program implementation is actualised. She observed that it was laudable for the present administration to invite the CSOs to participate in holding the government accountable for the project via monitoring and evaluations.

She lamented economic growth over the years in the country which has been bedeviled by inequality, increasing poverty and rising unemployment.
“Nigeria’s capacity to generate revenue to support pro-poor development has remained extremely limited,” she said.


http://www.newsflashng.com/5-n500bn-social-intervention-funds-released-rep/

Re: Only 5% Of N500bn Social Intervention Funds Released – Rep by dgr8truth(m): 6:47am On Sep 08, 2016
Next time we'll start asking politicians the right questions especially the dull ones like sai BABA.

It's very vexing that an economy that was growing at roughly 6 percent year on year suddenly sank into recession in just over a year of PMB's presidency and some big fools will still open their gutter mouth and blame GEJ.

GEJ and Dasuki are responsible, they "ATED" the 95%.

May God give us the grace to forgive the millions of zombies that voted for this recession.

26 Likes 1 Share

Re: Only 5% Of N500bn Social Intervention Funds Released – Rep by slimthugchimee(m): 6:48am On Sep 08, 2016
hmm
Re: Only 5% Of N500bn Social Intervention Funds Released – Rep by luvinhubby(m): 6:58am On Sep 08, 2016
You see these people ?
Re: Only 5% Of N500bn Social Intervention Funds Released – Rep by ICRMJigawa(m): 7:05am On Sep 08, 2016
Corrupted corruption remover.
Re: Only 5% Of N500bn Social Intervention Funds Released – Rep by dunkem21(m): 7:20am On Sep 08, 2016

He expressed concern that the year would wind down in about four months without achieving any meaningful impact on the lives of the poor.

2 Likes

Re: Only 5% Of N500bn Social Intervention Funds Released – Rep by dunkem21(m): 7:23am On Sep 08, 2016

“The huge amount that was allocated to the office needs to be justified, particularly now that poverty has gone so high in the country,” he said.

cheesy

3 Likes

Re: Only 5% Of N500bn Social Intervention Funds Released – Rep by TheDEVlLHimseIf: 7:29am On Sep 08, 2016
am familiar with that word 5% cool

14 Likes

Re: Only 5% Of N500bn Social Intervention Funds Released – Rep by herzern(m): 8:54am On Sep 08, 2016
News upon news....

Propaqanda upon Propaganda.....



Yet.....Nothinq to Show!.....

1 Like 1 Share

Re: Only 5% Of N500bn Social Intervention Funds Released – Rep by PassingShot(m): 8:54am On Sep 08, 2016
dgr8truth:
Next time we'll start asking politicians the right questions especially the dull ones like sai BABA.

It's very vexing that an economy that was growing at roughly 6 percent year on year suddenly sank into recession in just over a year of PMB's presidency and some big fools will still open their gutter mouth and blame GEJ.

GEJ and Dasuki are responsible, they "ATED" the 95%.

May God give us the grace to forgive the millions of zombies that voted for this recession.
Forget the tory about the paper growth!

GEJ crashed our economy. Get your facts right, Ok?

6 Likes

Re: Only 5% Of N500bn Social Intervention Funds Released – Rep by iamawara(m): 8:55am On Sep 08, 2016
Hahaha. My country and Change ehmm.
Re: Only 5% Of N500bn Social Intervention Funds Released – Rep by DONSMITH123(m): 8:55am On Sep 08, 2016
So?

2 Likes 1 Share

Re: Only 5% Of N500bn Social Intervention Funds Released – Rep by RedCapChief(m): 8:56am On Sep 08, 2016
Dasuki ate the remaining 495 billion grin

What happened to that man's trial sef? Has it entered voicemail?

4 Likes

Re: Only 5% Of N500bn Social Intervention Funds Released – Rep by damola311: 8:56am On Sep 08, 2016
They are fighting fake corruption and still find it hard to disburse money.....

20 billion out of 500 ? Damn it

5 Likes

Re: Only 5% Of N500bn Social Intervention Funds Released – Rep by abumeinben(m): 8:56am On Sep 08, 2016
angry


Today's score: $ 1 : N 425
With N at home.

Nigeria Naira league president : baba
Technical advisor : kashiku
Coach : kemi

4 Likes

Re: Only 5% Of N500bn Social Intervention Funds Released – Rep by Blisse: 8:56am On Sep 08, 2016
Good enough
Re: Only 5% Of N500bn Social Intervention Funds Released – Rep by esuLAAROYE(m): 8:57am On Sep 08, 2016
O
Re: Only 5% Of N500bn Social Intervention Funds Released – Rep by damola311: 8:57am On Sep 08, 2016
PassingShot:

Forget the tory about the paper growth!

GEJ crashed our economy. Get your facts right, Ok?

You have been saying same thing since you were born.... If GEJ crashed it and our economy is the first in Africa.... what does PMB did or is doing?

11 Likes 1 Share

Re: Only 5% Of N500bn Social Intervention Funds Released – Rep by STFUand4kMeHARD(m): 8:57am On Sep 08, 2016
Where is the N500b released?
Re: Only 5% Of N500bn Social Intervention Funds Released – Rep by RedCapChief(m): 8:57am On Sep 08, 2016
PassingShot:

Forget the tory about the paper growth!

GEJ crashed our economy. Get your facts right, Ok?


Ogbeni, give us back our 'paper growth'.



We want our paper growth!

15 Likes 2 Shares

Re: Only 5% Of N500bn Social Intervention Funds Released – Rep by Rozaystunna(m): 8:58am On Sep 08, 2016
I just blame buhari
Re: Only 5% Of N500bn Social Intervention Funds Released – Rep by PassingShot(m): 8:58am On Sep 08, 2016
damola311:


You have been saying same thing since you were born.... If GEJ crashed it and our economy is the first in Africa.... what does PMB did or is doing?
GEJ wasted our golden years. Deal with it.

I'm not ready to repeat the same lecture with you on this. cool cool

3 Likes

Re: Only 5% Of N500bn Social Intervention Funds Released – Rep by Debaddest(m): 8:58am On Sep 08, 2016
who their money don help
Re: Only 5% Of N500bn Social Intervention Funds Released – Rep by STFUand4kMeHARD(m): 8:58am On Sep 08, 2016
TheDEVlLHimseIf:
am familiar with that word 5% cool
Rings bell to me too wink cheesy

7 Likes

Re: Only 5% Of N500bn Social Intervention Funds Released – Rep by HIGHESTPOPORI(m): 8:58am On Sep 08, 2016
PassingShot:

Forget the tory about the paper growth!

GEJ crashed our economy. Get your facts right, Ok?
Atleast we felt the Paper Growth on d economy under GEJ, Buhari should give our economy the same Paper Growth,not Zombies coming to tell us White is black and black is white when we have our own eyes.

13 Likes 1 Share

Re: Only 5% Of N500bn Social Intervention Funds Released – Rep by tommykiwi(m): 8:59am On Sep 08, 2016
APC party U guys should hide ur Ugly faces because U pple have failed millions of Nigerians..

APC-Accumulated Party Criminals.

1 Like

Re: Only 5% Of N500bn Social Intervention Funds Released – Rep by falconey(m): 8:59am On Sep 08, 2016
funny the effect will not be felt by majority.
Re: Only 5% Of N500bn Social Intervention Funds Released – Rep by ajaolu(m): 8:59am On Sep 08, 2016
It's like God is currently punishing Nigeria by this steady intensification of hardship in the nation but I pray you and I shall enjoy the MERCY, GRACE and FAVOUR of almighty God even in this time

1 Like

Re: Only 5% Of N500bn Social Intervention Funds Released – Rep by Omeokachie: 8:59am On Sep 08, 2016
Yet they will claim to have trillions of naira saved.

They will spend the money by the time 5% of nigerians are die of starvation.
Re: Only 5% Of N500bn Social Intervention Funds Released – Rep by PassingShot(m): 8:59am On Sep 08, 2016
RedCapChief:



Ogbeni, give us back our 'paper growth'.



We want our paper growth!
The paper growth that was already borrowing to pay salaries in March and April of 2015 when crude was $75? What will that type of growth have done at $40 per barrel? Please tell us?

3 Likes

Re: Only 5% Of N500bn Social Intervention Funds Released – Rep by omoikea(m): 9:05am On Sep 08, 2016
everything has changed....

#buhari

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