Connect with us

Economy

Cash Transfer Office tasks beneficiaries in Zamfara on savings

Published

on

The Federal Government’s Cash Transfer Office has urged beneficiaries of the programme in Zamfara to ensure effective savings of the monthly stipends given to them under the scheme.

The National Training Officer of the programme, Mr Kola Solomon stated this while addressing local government facilitators of the programme at a training on Saving and Group Mobilisation in Gusau.

Nigeria News Agency report that over 54,000 households from the six of the 14 local government areas of the state are expected to benefit from the scheme.

Solomon noted that the programme focuses on cash transfer assistance and capacity building to the beneficiaries especially at the community level.

“This is one of the efforts of the Federal Government to reduce poverty level among people at the rural areas especially the female headed households who do not have any source of income.

“The cash assistance is usually followed by capacity building to ensure that the beneficiaries utilise the funds given to them in line with the aims and objectives of this programme.

“This training became necessary, because it is expected for every beneficiary of this programme to be saving.

“We realised that giving the beneficiaries N 5,000 monthly is not enough to pull them out of poverty except if we train them on behavioural change.

“The 137 participants of this training are expected to go back and cascade what they have learnt to the beneficiaries at the community levels.

“We want our beneficiaries to imbibe the culture of saving so that they would be forming groups in form of either contributions or cooperatives”, he added.

He urged the participants of the training to be attentive, so that they will learn and understand the concept of the programme.

Edited by Maharazu Ahmed

Contact US: editor[at]nnn.com.ng, nnnnews247[at]gmail.com

Recent Posts

February 2020
MTWTFSS
« Jan
12
3456789
10111213141516
17181920212223
242526272829

NNN News Nigeria: NNN is an online Nigeria news portal that publishes breaking news in politics, business, entertainment, sport, security, features, opinion, environment, education, technology, and the world news at large. NNN publishes only news that is factual, credible, verifiable, authoritative and investigative. NNN is a media subscriber of the News Agency of Nigeria. NNN is a unique media organization that is founded in the spirit of Article 19 of the Universal Declaration of Human Rights, comprising of ordinary people with an overriding commitment to seeking the truth and publishing it without fear or favor. Contact: editor[at]nnn.com.ng

© 2014 - 2019 NNN News Nigeria. All Rights Reserved.

editor[at]nnn.com.ng