Business
297,000 Vulnerable Households Get Stipends In 20 States -Uwais
Presidential aide on National Social Investment Programmes (NSIP), Mrs Maryam Uwais, says that the Federal Government has captured 455,000 vulnerable households in the National Social Register.
Speaking to newsmen while presenting the scorecard of the NSIP at the state House, Uwais stated that no fewer than 297,973 households had been mined and being paid stipends in 20 states.
According to her there are no fewer than 80 million poor Nigerians and the office want to get the poorest persons data using appropriate means.
“So far, we have 455,857 poor and vulnerable households uploaded onto the National Social Register, from which 297,973 households have been mined and are being paid stipends in 20 States.
“These states are Jigawa, Bauchi State, Kogi, Osun, Cross Rivers, Anambra, Katsina State, Kano State, Taraba, Gombe State, Adamawa, Niger, Nassarawa State, Benue, Oyo State, Ekiti, Kwara, Borno (IDP), Kaduna State and Plateau,” she added.
She observed that credible targeting was a major concern in National Cash Transfer Programme, prompting the National Social Investment Office (NSIO) to develop a Social Register in all the states that met the criteria provided in the agreement signed with it.
Uwais also disclosed that 259,541 beneficiaries in 4,784 cooperatives were paid in the Government Enterprise and Empowerment in 36 states and FCT while the next batch of 148,611 loans had been approved for disbursement.
In the National Home Grown School Feeding (NHGSFP), Uwais stated that 7,054,687 pupils were currently being fed daily in 20 states with two states (Katsina State and Gombe State) to begin soon.
“We have also hired and empowered 72,510 cooks in the 53,541 schools being serviced.
“These states are: Anambra, Enugu State, Oyo State, Osun, Ogun, Ebonyi, Zamfara, Delta, Abia, Benue, Plateau, Bauchi State, Taraba, Kaduna State, Akwa-Ibom, Cross River, Imo, Jigawa, Niger and Kano State.”
She noted that in almost two years into the implementation of the programmes, the NSIO was continuously learning lessons and building bridges designed to achieve its overarching goals.
The Presidential Aide acknowledged that no fewer than 200,000 graduates were enrolled in the N-Power job scheme with 20,000 beneficiaries in the non-graduate category set to begin training in 34 States.
She noted that the organisation already had 2.5 million young people in its data base for employment.
Uwais said the Humanitarian Hub in Adamawa State, supported by the International Committee of the Red Cross, Presidential Committee on the North East Initiative and National Emergency Management Agency, had already selected successful applications and had prepared for the first batch of pitches.
She added that the Lagos Climate Change Hub, supported by the World Bank and the Lagos Business School, would throw open it’s challenges in March as the other six situated in the six geo-political zones were at various stages of development.
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Blue Economy: Minister Seeks Lifeline In Blue Bond Amid Budget Squeeze

Ministry of Marine and Blue Economy is seeking new funding to implement its ambitious 10-year policy, with officials acknowledging that public funding is insufficient for the scale of transformation envisioned.
Adegboyega Oyetola, said finance is the “lever that will attract long-term and progressive capital critical” and determine whether the ministry’s goals take off.
“Resources we currently receive from the national budget are grossly inadequate compared to the enormous responsibility before the ministry and sector,” he warned.
He described public funding not as charity but as “seed capital” that would unlock private investment adding that without it, Nigeria risks falling behind its neighbours while billions of naira continue to leak abroad through freight payments on foreign vessels.
He said “We have N24.6 trillion in pension assets, with 5 percent set aside for sustainability, including blue and green bonds,” he told stakeholders. “Each time green bonds have been issued, they have been oversubscribed. The money is there. The question is, how do you then get this money?”
The NGX reckons that once incorporated into the national budget, the Debt Management Office could issue the bonds, attracting both domestic pension funds and international investors.
Yet even as officials push for creative financing, Oloruntola stressed that the first step remains legislative.
“Even the most innovative financial tools and private investments require a solid public funding base to thrive.
It would be noted that with government funding inadequate, the ministry and capital market operators see bonds as alternative financing.
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