Categories: Business

FG begins payment of stipends for 774,000 jobs

The Federal Government says it has commenced partial payment of the N20,000 monthly stipend to the 774,000 beneficiaries of the Special Public Works programme.

Minister of State, Labour and Employment, Festus Keyamo (SAN), gave the indication in a statement in Abuja on Sunday.

He gave the update on the payment on his Twitter handle, saying Access Bank had verified accounts for payment while the National Directorate of Employment had commenced payment into accounts with the bank.

The minister said the government was waiting for Zenith, UBA, FCMB, Fidelity, Heritage and Yobe Microfinance Banks to clean up the anomalies.

The statement titled, ‘NDE commences partial payment of SPW stipends, read in part,  “After the release of some of the funds by the Ministry of Finance for the payment of SPW stipends, I directed rigorous scrutiny of the accounts of the participants before payment.

“We discovered instances of accounts not matching BVNs, multiple accounts bearing a single BVN, non-existent BVNs, etc.

“Because of our determination to eliminate fraud, I further directed the NDE to write to the banks to clean up these anomalies before commencing payments.

“So far, only Access Bank has responded with accounts verified for payment and the NDE has today commenced payment of those accounts with Access Bank.”

Keyamo said the determination of the government to ensure that those selected for the programme got paid “to assist them in these tough times is also matched by our determination to ensure that the programme does not spiral into a vehicle for fraud; not under the watch of Mr President; not under my watch.”

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