Showing posts with label National Cash Transfer Office (NCTO). Show all posts
Showing posts with label National Cash Transfer Office (NCTO). Show all posts

Wednesday, June 7, 2023

Unmasking Poverty In Nigeria: The Pains, Deprivation And Remedies

 By Elvis Eromosele

Poverty is a real concern in Nigeria. It permeates the lives of individuals and communities, leaving many trapped in a cycle of deprivation. Poverty is a pervasive issue in Nigeria. It casts its dark shadow over countless lives, leaving individuals and communities starving millions of opportunities for a better future.

Nigeria serves as a poignant case study, a country grappling with the complexities of poverty despite its vast resources. To uncover the true face of poverty in Nigeria is to inspire collective action and foster a society where every Nigerian can thrive.

Friday, July 13, 2018

Burning Questions On Abacha’s Returned Loot

By Ayibakuro Matthew
Over the last week or so, there has been heightened interest amongst Nigerians about the use of the most recently repatriated $322.5 million Abacha loot.  The questions raised around the issue include the choice of using the money for the conditional cash transfer programme of the Federal Government, the choice of states benefitting from the programme, the usefulness of a monthly transfer of N5, 000 to poor Nigerians and concerns about the re-looting of the funds.
*Gen Sani Abacha 
It is significant to note at the onset that the concerns of most Nigerians about the use of the $322.5 million for the conditional cash transfer programme, instead of a legacy project with more visibility and impact, is both valid and understandable. However, the use of the funds for cash transfers is an outcome of months of negotiation that enabled the repatriation of the funds in the first place.