The global lender has started the disbursement of the Cash Transfer fund in Nigeria which will be supervised by all states to ensure it aligns with their vision, according to a communique issued by the Nigeria Governors’ Forum (NGF) at the end of its 36th teleconference meeting.
NGF Chairman, Kayode Fayemi stated that each state governor would establish and chair a steering committee to oversee the initiative.
The communique read in part: “Forum members also listened to the World Bank Country Director, Shubham Chaudhuri, on the rollout of a World Bank financed $800m facility designed to fund a large-scale Conditional Cash Transfer programme across the country.
“The forum thereafter resolved that each state governor will establish and chair a steering committee to oversee the Conditional Cash Transfer initiative to ensure that the programme aligns with the vision of the state government.”
The Federal Government supports indigent Nigerians by giving them cash through the CCT programme, which is managed by the Federal Ministry of Humanitarian Affairs, Disaster Management and Social Development.
The NGF further stated that it received a presentation from the humanitarian ministry on the cash transfer programmes of government.
It said, “On the National Social Register and the Rapid Response Register as critical tools for rolling out cash transfer programmes, members received a presentation from the National Coordinator of the National Social Safety Nets Coordinating Office, Federal Ministry of Humanitarian Affairs, Disaster Management and Social Development, Mr Iorwa Apera.”