Business & Loans
774,000 SPW Jobs Update: Access, Fidelity, Others Commence Full Payment To SPW Beneficiaries
774,000 SPW Jobs Update: Access, Fidelity, Others Commence Full Payment To SPW Beneficiaries
The Federal Government has commenced full payments to the Special Public Works Programme beneficiaries a few days after the investigative report by Daily Trust on the participants’ complaints.
You may also want to read FG to Start Second Tranche of Payment to 774000 SPW Participants
According to information reaching Flippstack, Access, Fidelity and FCMB have, Thursday, commenced the Second and Third Payment of N40,000 to each of the beneficiaries who had earlier received the first payment of N20,000.
The Federal Government formerly reported that so far N24.8 billion has been paid as stipends to the beneficiaries of the Special Public Works Programme (SPWP).
The Minister of State for Labour and Employment, Festus Keyamo disclosed this on Thursday, at the weekly Ministerial Briefing organized by the Presidential Communication Team.
According to Festus Keyamo:
As of this morning, people have started receiving their payment of N40, 000 each; that is for those who have received N20, 000 before but for those who had not received before and have finished their work, we are paying them N60, 000 each. So you will hear jubilation across the country because of that and this N60, 000 will save so many lives across the country.
This is surely going to reflate the economy because we have designed it in a way that all the Local Government Areas will benefit. It is going to boost the economy from the very bottom because the beneficiaries are going to add this money to their businesses.
So, as of this morning, we have so far paid 413, 630 persons out of the 774, 000 so we have achieved about 60%. All of these people received N60,000 each and the total we have paid is N24, 817, 800, actual money given to Nigerians for them to cushion the effects of COVID-19 from the grassroots,” the Minister stated.
You may also want to read FG Commence Partial Payment to the Beneficiaries of 774,000 Jobs – Minister
Keyamo however said the entire targeted 774, 000 beneficiaries may not be achieved because of the peculiarities of the screening process utilised to ensure that real beneficiaries of the Programme get paid.
In a large programme like this, we may not achieve the 774, 000 to the last number but for me, if we are able to achieve and pay up to 600, 000 persons, we would have achieved a lot.
The remaining balance we would return to the government’s coffers if we cannot have real people who will come and be entitled to that. I mean real people with a real identity and correct Bankers Verification Number (BVN) so that we will not resort to paying ghosts, we will return, Keyamo added.
You may also want to read Federal Character Commission 2021/2022 Recruitment – Apply Here
774,000 SPW Jobs Update: Access, Fidelity, Others Commence Full Payment To SPW Beneficiaries
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Preciousgift
June 28, 2021 at 7:08 pm
please what of Zenith Bank, are they not going to pay those that are benefited…..
Okpara Kenneth
June 28, 2021 at 7:30 pm
They are already paying, are you sure your account number is not having issue? Or if you are using student account
Pingback: FG Set To Engage 774000 SPW Beneficiaries As Agric Extension Workers - FlippStack
Alice Ewaoche
June 29, 2021 at 1:17 pm
What of heritage bank, has then started paying?
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