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Breaking News

Yoruba Nation: Governor Adeleke Takes Pre-emptive Security Measures, Appeals for Dialogue | Governor Adeleke Hails CCC Wonderland Shepherd, Abraham Olumide Gangbe, on His Birthday | You lied, Adeleke’s commitment to workers welfare unbroken, | Sexual Violence Against Women: Governor Adeleke Sets up Action Committee | Ilesa Accident: Governor Adeleke Approves Expansion of Ilbodi-Ilesa Road, Creation of Trailer Park | EID-EL-FITR: “KEEP PRAYING FOR US”, GOVERNOR ADELEKE TELLS MUSLIM FAITHFUL. | Governor Adeleke Mourns Late Royal Father, HRH, Olaoye Oyelayo | Governor Adeleke Felicitates Dr. Muyiwa Oladimeji on his Birthday | Governor Adeleke Tasks Ibadan Disco on Power Supply to Osun, Unveils Power Sector Agenda | IFRA PLAN – Osun Government Charges Contractors On Quality And Timely Delivery | Osun government begins dredging of waterways | Governor Adeleke Expresses Shock and Sadness over Tragic Ilesa Accident, Directs Transportation Commissioner to Investigate | Governor Adeleke Celebrates Ebenezer Obey at 82 | Governor Adeleke Enforces New Retirement Age for Teaching Profession | Governor Adeleke celebrates Hon. Moji Omisore on her birthday | Adeleke’s Spokesperson Says Governor is Fixated on Selfless Service, Punctures Opposition Lies | Easter / Eid-ul-Fitr: Governor Adeleke Recommits to Physical and Stomach Infrastructure, Commences Distribution of Rice | Governor Adeleke Condoles Oluwo, Iwoland Muslims Community Over Demise Of Chief Imam | GOVERNOR ADELEKE EXTOLS PRESIDENT TINUBU AT 72 | Senator Adeleke felicitates with Senator Ajagunla Olubiyi on his birthday
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.

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