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8,000 Poor Osun Citizens Get FG’s N5,000 Stipend

By Modupe Gbadeyanka

A total of about 8,000 accredited poor Nigerians from the selected 12 Local Government Areas of Osun State will benefit in the conditional cash transfer of the Federal Government.

The disbursement of the N5000 monthly stipend, which is currently on-going in some states of the federation, has started in the state.

The Unit Head for the cash transfer in Osun State, Mrs Adeola Oyebamiji, said during the disbursement exercise of the December and January months’ stipend in Ife north local government Secretariat that subsequent payment would be made via bank transfer to all beneficiaries.

Mrs Oyebamiji said the aim of the scheme was to reduce poverty among the most vulnerable Nigerians.

Some beneficiaries of the conditional cash transfer appreciated the gesture of the Federal Government and assured judicious use of the money.

The Federal Government had listed Osun State among the nine pilot states for the scheme.

Modupe Gbadeyanka is a fast-rising journalist with Business Post Nigeria. Her passion for journalism is amazing. She is willing to learn more with a view to becoming one of the best pen-pushers in Nigeria. Her role models are the duo of CNN's Richard Quest and Christiane Amanpour.

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