Economic Crisis: Women, Young People, Aged People Among Beneficiaries Of Osun Government’s N500m Grant Package

Young people, aged people, and women  were among beneficiaries as Osun  state government  distributed  cash grants to residents and citizens of the state on  Thursday .

A total sum of Five Hundred and Eighty Eight Million, One Hundred and Five Thousand Naira only (N588, 105,000.00)  was  made available as cash assistance to 19,720 beneficiaries  under the Imole Osun Cash Grant Scheme. 

A statement made available  to Team@orientactualmags.com by Governor Ademola Adeleke’s spokesperson, Mallam Olawale Rasheed noted that an additional Sixty Thousand  people would be receiving  ATMs of their respective 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 were 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, who was 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. He said his 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’ the statement said. 

‘During our electioneering campaign, we promise that we shall not abandon them. We assured 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 launches this disbursement to the poor of the poor in the state 

Each beneficiary has been 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  should be given their debit cards. These  are poor people without  bank 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 the ATM cards of their bank accounts which was facilitated through this programme. The smart cards  can be useful for further pro- poor interventions and private use’  the governor  added.

Governor Adeleke  also said  the objective of the provision of the  cash assistance is to provide relief for the most poor and vulnerable population in the state sequel to the harsh economic conditions occasioned by the removal of petrol subsidy, high cost of living among others -Team@orientactualmags.com
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