Home » News » N500bn Social Fund‎: Reps Ask FG For Implementation Framework

N500bn Social Fund‎: Reps Ask FG For Implementation Framework

Dyepkazah Shibayan, Abuja

The House of Representatives on Thursday mandated its committees on Legislative Budget and Research and Poverty Alleviation to liaise with the Office of the Vice President to provide implementation framework and details for the N500bn Social Intervention Programmes.

The resolution was sequel to a motion on matters of urgent public importance entitled “need for the framework and details of the N500bn Social Intervention fund” sponsored by Hon. Abubakar Chika Adamu and Hon. Timothy Golu.

The N500bn appropriated in the 2016 by National Assembly is meant to create jobs for 500,000 teachers and 100,000 artisans.

Also feeding will be provided for 5.5 million children, conditional cash transfer to the vulnerable people and an enterprise programme will be created for 1 million market women, 400,000 artisans and 200,000 agricultural workers nationwide.

Adamu, while moving the motion on the floor of the House said the country had introduced programmes of this nature in the past which has failed due to mismanagement and lack of a strong institutional structure.

He said the fund, which is domiciled under the service wide vote of the Ministry of Budget and National Planning, and to be implemented under the supervision of the Vice President, is not the right structure to handle the funds.

“There is an urgent need for the Federal Government to stop the disbursement of the fund until a framework has been provided for the said disbursement”, the lawmaker said.

Supporting the motion, the House Minority Leader, Leo Ogor said it was an error on the path of the National Assembly to have passed the budget without a legal framework backing the social intervention fund.

The House adopted the motion after it was put to a voice vote by the Speaker, Hon. Yakubu Dogara.

The committees are to report back to the House within three weeks for further legislative action.


%d bloggers like this: