Adeleke distributes cash to 19,720 vulnerable in Osun

Osun state governor Ademola Adeleke, Thursday, distributed cash grants to 19,720 vulnerable people as part of efforts to cushion the effect of economic hardship and extend the dividend of democracy to the less privileged in the state

A total number of 10,390 beneficiaries with existing bank accounts were able to access their money while 9,330 got their debit card after bank accounts were opened in their names.

Adeleke disclosed that the scheme tagged “Imole Osun cash transfer,” was in collaboration with the Federal Government through the State Operation Coordinating Unit (SOCU) of the National Social Safety Net Project.

Represented by the Head of Service, Ayanleye Aina, while distributing the debit card at the Local Government Service Commission Hall, Osogbo, Adeleke said the many programs of his administration are aimed at attending to the needs of the poor, the weak, and the underprivileged.

He noted that his administration has invested heavily in the social protection sector, developing and implementing several high-level Social Security Strategies to reduce poverty, unemployment, and low productivity space among others.

“During our electioneering campaign, we promised that we shall not abandon them. We assure you that we shall institutionalize an all-inclusive and well-coordinated social protection policy that will provide a life support system for the poor and vulnerable. This support system shall aim to reduce the income gap between the haves and the haves-not in our dear state.

“In pursuance of that promise, the State Government of Osun under my watch, in collaboration with the Federal Government of Nigeria, through the State Operation Coordinating Unit (SOCU), National Social Safety Net Project, supervised by the Ministry of Economic Planning, Budget and Development today launched this disbursement to the poor of the poor in the state.

“Each beneficiary was supported with a sum of between N25,000 and N30,000 only. Among the 19,720 beneficiaries, 10,390 of them with existing bank accounts have had access to withdraw and utilize their money.

“Also, I have approved that the remaining 9,330 beneficiaries be given their debit cards. These people are poor people without account numbers and with this distribution, it becomes an achievement that is in tandem with the financial inclusion policy of the Federal Government.

“From the foregoing, at least 60,000 people are going to receive their ATM cards or bank accounts which was facilitated through this program. The smart cards can be useful for further pro-poor interventions and private use,” he said.