774,000 Jobs: Federal Government Orders Participating Banks to Pay Beneficiaries

Alt: = "picture showing festus keyamo and bank officials

 "N26 billion has so far been released" — Festus Keyamo

The Federal government has directed banks involved in the payment of  the Extended Special Public Works Scheme to begin immediate payment to all beneficiaries of the job scheme.

This was disclosed on Monday, 21 June, after the officials of the Federal Ministry of Labour, National Directorate of Employment and participating banks met following an exclusive report by Daily Trust. Daily Trust had on Thursday, 17 published an exclusive report, which alleged that thousands of beneficiaries of the job scheme were yet to receive their payments, and some others received only one month payment, months after the Federal government claimed to have paid the beneficiaries.

According to Daily Trust, it followed up the development after the meeting of the stakeholders. They contacted both the Minister of State for Labour and Employment, Festus Keyamo who overseas the program, and the Director General of NDE, Malam Nuhu Fikpo to get clarifications per how much the Federal government has so far released for the program.

Festus Keyamo said that N26 billion has so far been released. While DG, NDE, Nuhu Fikpo asked This Day Newspaper reporter to meet him today in his office for details on that.

What You Need to Know

Special Public Work Scheme is an initiative of Buhari led Federal government to engage 774000 unemployed youths across the 774 local government in Nigeria for a period of three months. The beneficiaries were deployed to work as markets sweeper, public road works labourers, among others which they are to be paid N20,000 per month for the period of 3 months. They program was later extended.

Six banks were on 29th September, 2020 engaged by the Federal government to open accounts for the 774000 beneficiaries. They banks are: Fidelity, UBA, Zenith, Access, FCMB and Heritage Banks.

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