Saturday, July 11, 2020

SIPs have ‘met the needs’ of beneficiaries

SIPs have ‘met the needs’ of beneficiaries
June 04
19:55 2019

Some international non-governmental organisations (NGOs) and civil society organisations (CSOs) have backed the social investment programmes (SIPs) of the federal government.

Africa Network for Environmental and Economic Justice (ANEEJ), Action Aid and the National Economic Summit Group (NESG) are among the organisation that endorsed the SIPs.

A presidential source said the validation by the NGOs is important to President Muhammadu Buhari and Vice-President Yemi Osinbajo because they did want to only rely on the feedback they were getting from “bureaucrats and those entrusted with the implementation”.

“This was important to the President and the Vice President in order to ensure that the administration was not just dependent on reports that come in from bureaucrats and those entrusted with the implementation,” the organisatins were quoted to have said.

“The programmes are also relevant because they have met the urgent needs of beneficiaries. The NSIP also are, no doubt, aligned with the international and national expectations of social protection interventions, and have contributed towards achieving the Sustainable Development Goals (SDGs).”

At a press conference in May, David Ugolor, ANEEJ executive director, had said “the monitoring exercise conducted spot checks on the Funds disbursed in the August to September payment round to 30,778 beneficiaries in 11 States across five geopolitical zones of Nigeria.”

“Our findings show that a total of 974,478,000 million naira was released from the Abacha loot to the beneficiaries for payment in the August September Payment round as at the time of the monitoring exercise,” he had said.

“The funds disbursed from the Abacha loot comprise 80% of the funds paid at the August September payment cycle. Data retrieved from the NCTO report that 33 million dollars (3, 786, 063,783 billion naira) was released for 6 months from the Abacha loot and converted at an exchange rate of 305.45 Naira to a dollar.”

The source quoted Sonia Warner, senior adviser, Department for International Development (DFID)-UK, as saying “[There is] a strong sense of achievement being part of an intervention which has demonstrated that it is possible to retrieve stolen money and use it to support the victims of corruption in Nigeria.”

Warner said the Monitoring of Recovered Assets in Nigeria with Transparency and Accountability (MANTRA) initiative ensured the funds were not relooted.

Aisha Buhari, wife of the president, had said the scheme failed in the northern part of the country.


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Social Comments


  1. Adebola babatunde
    Adebola babatunde June 05, 07:56

    Woowwww kudos to this government,they have really done well for the masses

    Reply to this comment
  2. Ogundele teju
    Ogundele teju June 05, 07:57

    I am happy this administration is making so much impact

    Reply to this comment
  3. Janet Adepegba
    Janet Adepegba June 05, 08:14

    SIP is a programme that has truly changed and affected lives positively. God bless this administration for alleviating poverty. Amen

    Reply to this comment
  4. Tomiwa Adesanya
    Tomiwa Adesanya June 05, 08:19

    This is the kind of report that really shows the commitment of the nsip programme

    Reply to this comment
    YAHAYA WADA June 05, 10:27

    This commendations and appraisal of SIP from NGO is a welcome development. Most especially, coming at a time when the First Lady missed the point about the running of the programme.

    Reply to this comment
  6. adex bash
    adex bash June 05, 10:28

    Now I have boundless joy with this administration for the way they have been handling resources of this country and I am very sure that wailers will have no choice than to keep mute or commit suicide with the report or testimonies of many NGO as to recovered stolen fund by Abacha now being converted by PMB/PYO to better the lives of Nigerians. Kudos to you sirs and God will prosper your ways in IJN

    Reply to this comment
  7. adex bash
    adex bash June 05, 10:35

    It is highly impressive hearing this administration converting recovered stolen fund by Abacha to put smile on the faces of Nigerians

    Reply to this comment

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