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5000 stipends: National coordinator explains cause of delay

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5000 stipends: National coordinator explains cause of delay

The National coordinator of the Credit Cash Transfer for the N5000 stipend disbursement for the poorest of the poor Dr (Mrs) Temitope Sinkaiye has attributed the earlier delay in the commencement of the program to banking procedures.
Sinkaiye who was in Kogi State to monitor the progress of the disbursement of the cash yesterday indicated that the process had actually started since October adding that the Federal Government had provided the funds since that time.
According to her, if the Banks had been prompt enough in opening account for the beneficiaries, they would have started getting their alert eOctober last year.
“The reason it is taking so long to pay is because we don’t want to adopt the crude method where People carry physical cash which is subject to abuse.
Hence she said, “The Bank had to go to the villages for their biometrics capture and the machines they would be using would be offline and so the infrastructure for them to do that was not easy.
“This Government has zero tolerance for corruption so the Bank is taking the biometrics of the beneficiaries to open accounts for them after which the money is paid into their Bank accounts.”
“Remember the bank when they are at the communities, they are outside their comfort zone which is the banking hall so it is taking them so long.
She explained further that with over 15000 people spread across 12 Local Governments it was herculean for the bank to finish with the enrollment.
On the fact that people doubt the reality of the program she said those who don’t know about the program are the elite since it is targeted at the poorest of the poor and the elites often are not close to such category of people.
According to her, over time it will be so visible that everyone will at least notice one poor or more whose lifestyle would have changed and they will confirm that it is because they are into the program.
She indicated that the world Bank’s involvement is still at the background until the loan is effective.
Sinkaiye said when the loan is matured the world Bank will facilitate all the technical support in building the capacity of the implementers and also the beneficiaries. “Remember we have said that it is not just the N5000 plus, plus. What is the plus, plus? The first plus is that the beneficiaries capacity would be built on entrepreneurship skills, financial inclusion and other behavioral change activities then they would be supported to establish sustainable livelihood whichbis the other plus.
She said the beneficiaries would be supported to establish a livelihood support that would enable them to graduate out of poverty. “Remember that the ultimate objective is graduation out of poverty. For them to graduate out of poverty it means the household must have sustainable means of livelihood.
“So until that point we can not say they are out of poverty and we now bring on board other households that are still very below the poverty line.”
She indicated that the money being disbursed now strictly provided by the federal Government because the loan from the World Bank is not yet effective, so we couldn’t have been drawing from the money that is effective.
So the money spent in the nine states is strictly by the federal Government.
We have taken of that as even to enroll them the bank had to go to the community through the use of what we call money agents who takes Tue money to them at the community. Some people came to the bank here because they cannot wait for the money agents. For each community thee is a specific date that the money agents s would come. Tue truth is that when the money hits your account you wait for the money agent to come to the community for payment. There s a specific date for the money agent to come.
Special Adviser to Governor Bello on Multilateral projects Hon. Adoga Ibrahim said the program is very credible with the World Bank fully involved.

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FG declares its readiness to deploy 5G network after precautionary measures

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FG declares its readiness to deploy 5G network after precautionary measures

By Aminci Audu

The minister of communications and Digital Economy Isah Ali Pantami has declared that Nigeria is ready for 5th Generation Network (5G) as long as the major challenges are taken care of.

Pantami spoke yesterday, at a one day investigative hearing on the present status of 5G network organised by the joint Senate committee on communication, sScience and Technology, ICT and Cybercrime and Primary Healthcare and Communicable Diseases.

The minister in his presentation allayed the fear among Nigerians over the planned deployment of the network saying the Federal Government has taken all necessary precautions by investigating through research and trial on all issues raised.

He said “The position is that we are almost at the final stage. So now, Nigeria is ready for 5G as long as we address the major challenges.”

“We have not gotten there, wether we will deploy 5G but we are on track conducting research, investigations, engaging stakeholders and definitely if all issues are addressed, the executive will support the deployment of 5G in Nigeria.”

He noted that so far no negative impacts has been established from the research and trial carried both locally and at the international level. 

On the speculation that the 5G network escalated the COVID-19 he said there is no link between 5G and COVID-19.
“And there is no relationship between 5G and any desease. The only issue being raised usually is about radiation.  But people don’t realise that the radiation of 4G is more harmful than that of 5G. 
“The radiation of microwave oven at home is more harmful than that of the 5G. The radiation of even the smart phone itself is even more harmful that that of 5G

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SELF backs Sylva over choice of Saipem on Bonny NLNG Train 7 contract

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SELF backs Sylva over choice of Saipem on Bonny NLNG Train 7 contract

The South-south Emerging Leaders Forum (SELF) has faulted allegations of wrong doing leveled against the Minister of State for Petroleum Chief Timipre Sylva over the choice of Saipem, an Italian firm to handle the Bonny NLNG Train 7 contract.

SELF in a statement argued that the deal also endorsed by the Executive Secretary of the Nigerian Local Content Board Engr. Simbi Wabote was in the best interest of the country.

SELF position was in response to an online publication which accused the duo of bribe taking running into millions of naira in the deal.

SELF warned the publisher of the medium , Mr Jackson Ude, to desist from blackmailing leaders of the South-south extraction in a bid to score political goals.

Urging the Publisher of the online medium to show proof his allegation, SELF noted: “We strongly condemn the allegation leveled by Pointblanknews.com and its sponsors, this is highly condemnable and viewed as a sponsored plot to instigate hate against the Minister and derail his concentrations.

“This is ridiculous and belittling of Jackson Ude, the face behind this blackmail for being petty to the ground level for publishing tissues of lies about the persons of Timipre Sylva and Simbi Wabote.

“Nigerians should not believe this and throw it into the dust bin. It’s incumbent on all well-meaning Nigerians to support the positive drive of Minister and collaborate with him, towards the actualization of the onerous task at stake.

“Although Jackson Ude and his medium Pointblanknews.com are criminally known for thriving in the business of blackmail, especially against the officeholders from the Niger Delta region. But this forum will henceforth resist this criminality by deploying all known instrumental of law to fight the faces behind these tissues of lies.

“This Forum is using this medium to warn the likes of Jackson Ude to stay away from Nigeria and the South-south most especially if they are not ready to turn a new leaf because the business of blackmail has long become outdated and unpopular.”

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Great relief as Kidnapped Punch reporter, Nnodim regains freedom

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Great relief as Kidnapped Punch reporter, Nnodim regains freedom


It was a great relief for journalists, family members, friends and well wishers when the news filtered in that the Punch Newspapers reporter, Victor Okechukwu Nnodim who was kidnapped from his residence in Kubwa, Bwari Area Council on Thursday has regained freedom.

He was released almost 48hours hours after his abduction alongside two other neighbours who were also abducted.
It was gathered early hours of Sunday that he has been released and in high spirits.

The media world was jolted by the news of his abduction, as many turned prayer warriors supplicating for his freedom without any harm

His abductors, NationaUpdate learnt later communicated with his elder sister who resides in Lagos demanding for N10 million.

At the time of this report it could not be ascertained if ransom was paid before he regained freedom, but colleagues made efforts to contributed money towards his release, when it became obvious that the kidnappers were bent on collecting ransom.

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