Nigeria Update
Conditional Cash Transfer: FG sacks two contractors over delay in disbursement
The Federal Government [FG] has terminated the contracts of two Payment Service Providers (PSP) for failure to meet up with the contractual agreement to commence Conditional Cash Transfer (CCT) to beneficiaries in four states.
The Minister of Humanitarian Affairs, Disaster Management and Social Development, Hajiya Sadiya Farouq, made the disclosure in a statement on Tuesday signed by her Special Assistant on Media, Salisu Dambatta.
The minister said the termination was with immediate effect.
The statement said the termination was in line with the World Bank procurement guidelines to ensure that payments commenced in the affected states on or before April 28.
It listed the affected states as Bayelsa and Akwa Ibom in the South-South region, Abia in the South East, and Zamfara in the North West.
The statement revealed that the PSP whose contracts were terminated were, Data Mining Company and Innovative NIPOST.
“The Federal Government cannot accept delays in the current payment round of N20,000 stipends to beneficiaries in poor and vulnerable households under any excuse in the four states or any other state of the federation.
“The failure of any payment service providers to meet their contractual agreement is unacceptable.
“The Federal Government through the Ministry cannot allow contractors to derail the immediate CCT to the poor and the vulnerable,” it explained.
The President, Maj. Gen. Muhammadu Buhari [retd], during his first national broadcast, announced the payment as a measure to cushion the effect of the coronavirus lockdowns in the country on poor and vulnerable households. (NAN)
-
News17 hours ago
NANS calls for end to UNIABUJA ASUU strike
-
Metro19 hours ago
How Facebook friend trafficked me to Libya for prostitution – Anambra lady
-
News19 hours ago
Tinubu means well for Nigerians – APC Chieftain
-
Economy19 hours ago
FG eyes tax relief for 95% small businesses – Oyedele
-
News16 hours ago
NLC shuts Abuja DisCo, protests electricity tariff hike
-
News15 hours ago
Bullied Abuja school student sues school, demands N500m damages
-
Economy19 hours ago
IMF urges FG to end electricity subsidies
-
Entertainment8 hours ago
Cynthia Morgan reportedly arrested for cyberstalking Benin Prince