Social investment fund not mismanaged —FG

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The National Social Investment Office on Wednesday said that the social intervention funds being managed by it had not been mismanaged as being speculated in some quarters.

It said since 2016 when the scheme commenced, the funding and disbursement had always been done by the Ministry of Budget and National Planning.

The Steering Committee comprises nine ministers, including that of Finance; Education; Health; Agriculture, Trade and Investment, Youth and Sports, Women Affairs; Labour and Productivity; Information; with the Ministry of Budget and National Planning as the Secretariat. “All payments on the programmes are transferred directly to beneficiaries from the Federal Government coffers.

“Being too poor to travel long distances to receive the monthly N5,000 disbursements, the decision was taken to ensure the funds are conveyed to them at their places of residence.

 

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What of the words of the acting chairman of EFCC?.I hope he retract those words.

Those of yoy seating on the sideline weaning in self induced pity and despair, here is your chance=N-Power. Go and enrol for it and get your national cake there. Have the moral decency to repay the loan o, that way others too will benefit

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