Governor Ademola Adeleke of Osun distributed a total of N588.10 million to 19,720 beneficiaries under the Imole Osun Cash Grant Scheme in Osogbo on Thursday.
The recipients were selected from the State Social Register for Poor and Vulnerable Households.
The register falls under the State Operation Coordinating Unit of the National Social Safety Net Project within the state Ministry of Economic Planning, Budget, and Development.
According to Adeleke, his administration is committed to social protection.
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The Governor pointed out various high-level strategies aimed at combating poverty, unemployment, and low productivity.
He stated that out of the 19,720 beneficiaries, 10,390 individuals with existing bank accounts have successfully accessed and utilized their funds.
Also, at least 60,000 people are expected to receive their ATM cards or access their bank accounts through this program.
He said:
“In pursuance of that promise, the State Government of Osun under my watch, in collaboration with the Federal Government of Nigeria, through the State Operation Coordinating Unit (SOCU), National Social Safety Net Project, supervised by the Ministry of Economic Planning, Budget and Development today launched this disbursement to the poor in the state.
“Each beneficiary was supported with a sum of between N25,000 and N30,000 only.
“Also, I have given approval that the remaining 9,330 beneficiaries be given their debit cards.
“These people are poor people without account numbers and with this distribution, it becomes an achievement that is in tandem with the financial inclusion policy of the Federal Government.
“The smart cards can be useful for further interventions and private use.“
