Nigeria’s social investment programmes as a conduit for corruption | TheCable

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OPINION BY IREOLUWA OLADIPUPO: Nigeria’s social investment programmes as a conduit for corruption | TheCable

AG PRESIDENT OSINBAJO VISIT N-POWER CENTRE 4B. Acting President Yemi Osinbajo SAN accompanied by SA on Social on Social Investment, Mrs Maryam Uwais, SSA Job creation/Youth Empowerment, Mr Afolabi Imoukhuede and others during a visit to the N-Power Response Centre in Abuja. PHOTO; SUNDAY AGHAEZE. JULY 14 2017orld, social safety nets are tools the government uses to help vulnerable people tackle hunger and poverty.

Let me talk about the N-Power Programme a bit. As plausible as the programme appears, it has a poor design. The programme was meant to address the issues of youth unemployment and help increase social development. At its inception in June 2016, graduates who applied and were successful were employed in the different categories of N-teach, N-health, N-agro, and N-build. They were hired for two years and given a monthly stipend of ₦30,000.

According to Farouk Sadiya, the federal government was yet to recover ₦10 billion tradermoni loan three years after. .” Such generosity comes during elections to a few “lucky” individuals. Feel free to make your conclusions, but it is clear that some of these social investment programmes are money-making tools for those who have access to government coffers.What baffles me most is the lack of accountability that trails these disbursements.

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