Lagos State Government Disburses ₦1,346,030,000 To Households Through Conditional Cash Transfer Programme
The Lagos State Government says the sum of ₦1,346,030,000 has so far been disbursed to eleven thousand three hundred and eighty six households in twelve local government areas, through the Conditional Cash Transfer Programme.
The Conditional Cash Transfer Programme aims at responding to deficiencies in capacity and lack of investment in the human capital of poor and vulnerable households.
Commissioner for Wealth Creation and Employment, Akinyemi Ajigbotafe revealed this at a news conference in Alausa, Ikeja, on Wednesday.
The benefitting Local Government Areas are: Apapa, Amuwo-Odofin, Ajeromo Ifelodun, Agege, Badagry, Epe, Ikorodu, Ibeju-Lekki, Lagos Island, Shomolu, Ifako-liaye and Alimosho.
Akinyemi Ajigbotafe said the State Cash Transfer Unit (SCTU) of the Ministry of Wealth Creation and Employment was created and assigned to implement the Household Uplifting Programme (HUP) otherwise known as the Conditional Cash Transfer Programme which started in Lagos State with its inauguration on the 15th April, 2020.
Akinyemi Ajigbotafe said the State Cash Transfer Unit (SCTU) is also currently implementing Social Transfer to vulnerable individuals under the World bank assisted programme tagged NG CARES.
“The implementation of the CCT programme in the above twelve Local Government Areas has culminated in disbursement of ₦1,346,030,000. The implementation of the Conditional Cash Transfer programme has contributed to the improved livelihood condition of beneficiaries through Savings Group Mobilization activities in the six Pilot Local Government Areas namely; Epe, Ibeju-Lekki, Lagos Island, Amuwo-Odofin, Apapa, and Badagry.
“The Unit has also implemented NG CARES programme where social transfer to two thousand one hundred and forty five beneficiaries in Eti-Osa, Kosofe, Mainland, Iru Victoria Island, Agboyi-Ketu, Ikosi Isheri and Yaba LCDA was effected. The implementation of the above NG CARES in the seven targeted LGs/LCDAs has resulted in the disbursement of ₦343,200,000 only,” Akinyemi Ajigbotafe said.
Akinyemi Ajigbotafe also revealed that the state government has so far spent ₦4,000,000,000 in the development of Lagos Industrial Leather Hub.
Akinyemi Ajigbotafe said the Ministry in staying true to its mandate is handling challenges militating against the growth and development of Nano, Micro, Small and Medium Scale businesses (NMSMEs), especially the informal sector with initiatives developed to aid Startups, Artisans and Entrepreneurship development in the State.
Akinyemi Ajigbotafe further said that one of such major initiatives was the establishment of Industrial Hubs, which entails creating a congregation of related enterprises in an identified location for enhanced productivity, wealth creation and business development through provision of access to business accommodation, workshop, standard equipment and infrastructural facilities at affordable costs.
“A multiplier effect is to create value chains in such enterprises such as Leather works. The State Government is about to complete the construction and development of Lagos Industrial Leather Hub at Motori, Mushin, to create employment, develop capacity of artisans and provide necessary equipment and infrastructure for MSMEs operating in the leather value chain.
“The Hub facilities include the production area with industrial equipment (for mass production of leather products) and shopping area that comprises shops, training rooms, work stations, office space, showroom etc. Currently, the project is about ninety percent completed and it is billed to be commissioned soon,” Akinyemi Ajigbotafe said.
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