Presidency Reveals How $22m Abacha Loot Was Spent on SIP

Presidency lists amount released from 2015 till date.

Gives data on the disbursement of funds.

The Special Adviser to the President on Social Investment Programmes (SIPs), Maryam Uwais, has revealed that the Federal Government got N470.8 billion released between 2016 and last year for the implementation of its Social Investment Programmes (SIPs).

Uwais, who listed the four-broad programmes as the N-Power, Conditional Cash Transfers (CCT), National Home-Grown School Feeding and Government Enterprise and Empowerment Programmes (GEEP) briefed State House reporters in after giving an account of the National Social Investment Programme (NSIP) of the President Muhammadu Buhari administration.

According to her, from 2016 till date, the Federal Government budgets annually N500 billion for social investments, but only N79.98 billion was released in 2016.

She also revealed that it was N140 billion that was released in 2017 and N250.4 billion last year.

Out of the N322 million dollars recovered Abacha loot meant for the SIPs, she said only N22 million dollars had been utilised by her office.

Speaking further, Mrs. Uwais said that at the end of March, the NSIPs made direct impacts on 12,069,153 beneficiaries and over 30 million secondary beneficiaries, comprising cooks, farmers, families, employees and members of the community.

“Under N-Power, we have 526,000 youth spread across 774 LGAs teaching in public schools, acting as health workers in primary health centres and as Agric extension advisors to small holder farmers in our communities.

“Nigeria is fast on its way to becoming the leader in Africa in the National Home-Grown School Feeding Programme, by feeding over 9.7 Million pupils and still counting.

“Today, we have 103,992 cooks on our payroll, feeding 9,714,342 pupils in 53,715 government primary schools around 31 States. These children are able to eat a balanced diet, towards improving their learning outcomes.”

“She also revealed that under the GEEP, which comprises the FarmerMoni, MarketMoni and TraderMoni,  funds between N10, 000 and N350,000 are paid into the accounts of the successful applicants who belong to a registered cooperative and have a bank account the first two.

“For TraderMoni, petty traders are given a loan of N10, 000 each and upon repayment within six months, the beneficiary becomes eligible for a higher amount, at which point they must open bank accounts.”

Also speaking, Head of the CCT programme, Henry Ayede, said with the use of the National Social Register data on poor and vulnerable households in the country, the government currently pays N5, 000 monthly to 872,700 households.

He further disclosed that the beneficiaries were identified by the communities to ensure the delivery of the funds to the right beneficiaries.

Also, Head of the School Feeding Programme, Bimbo Adesanmi, who disclosed that the government was spending about N70 to feed a child under the programme said that the government was able to spend less on nutritious meals by sourcing for all ingredients directly from the farmers without using middlemen.

She also revealed that the government deworms the children benefiting from the programme, every six months to reduce frequency of infections.

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