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10 FAQs About Conditional Cash Transfer (CCT) Answered - Concise News - Business - Nairaland

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10 FAQs About Conditional Cash Transfer (CCT) Answered - Concise News by lordy(m): 4:17pm On Jan 03, 2017
One of the campaign promises made by President Muhammadu Buhari during election campaign is payment of monthly stipends to the poorest and vulnerable Nigerians.

Starting from Dec 2016, there are indications that the president will make good his campaign promise as the first set of beneficiaries were paid N5, 000 stipends under Conditional Cash Transfer (CCT) scheme.

Below are answers to 10 the most frequently asked questions on CCT as compiled by Concise News.

1. What is CCT?

The CCT (conditional cash transfer) is a ‘social safety net’ programme under which one million of the poorest Nigerians would receive N5,000 monthly stipend.

2. When did CCT kick off?

The 1st phase of the CCT covers nine states, & many of the beneficiaries have already reported receiving their 1st payment by Dec 30, 2016.

3. Why nine states?

The 9 pilot CCT states chosen because they have existing Social Registers of the poorest Nigerians, developed in partnership world bank.

4. Which states are the pilot states?

The pilot states are Borno, Kwara, Bauchi, C/Rivers, Niger, Kogi,Oyo, Ogun, Ekiti. Other states in progress are Anambra, Plateau, Jigawa, Adamawa, Benue, Enugu, Katsina, Taraba States.

5. How are beneficiaries selected?

Beneficiaries of the CCT are being selected from Social Registers, developed by state governments through a direct engagement with world bank.

Full story at www.concisenews.global/top-story/10-frequently-asked-questions-about-conditional-cash-transfer-answered/

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