JUST In: Boom, NEC Rejects Buhari’s Social Register, Takes New Dimension Of Cash Transfer

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CBN

The National Economic Council (NEC) chaired by Vice President Kashim Shettima has discard the national social register due to credibility issues during Muhammadu Buhari’s administration.

 

This made the council to decided on a cash transfer program for states using their social registers and a six-month cash reward system for public servants.

 

CBN

However, this resolution emerged from a lengthy meeting at the state house on Thursday between the Vice-President, thirty-six state Governors, a representative of the Governor of the Central bank and other co-opted government officials.

 

According to information, the main agenda of the council’s meeting today was to sort out another better way to provide palliative for the poor to cushion the effect of the fuel subsidy removal.

 

Even as the administration of  the former President Buhari through the support of the world bank established the National Social Safety Nets Project (NASSP) in 2016.

 

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