COVID19: FG Sacks Two Contractors Over Delay In Cash Disbursement

Posted by E.L.E.X on April 14 2020 under News









The Federal Government has terminated the contracts of two Payment Service Providers for failure to meet up with the contractual agreement to commence Conditional Cash Transfer to beneficiaries in four states.

The Minister of Humanitarian Affairs, Disaster Management and Social Development, Hajiya Sadiya Farouq, made the disclosure in a statement on Tuesday signed by her Special Assistant on Media, Salisu Dambatta.

The minister said the termination was with immediate effect.

The statement said the termination was in line with the World Bank procurement guidelines to ensure that payments commenced in the affected states on or before April 28.

It listed the affected states as Bayelsa and Akwa Ibom in the South-South region, Abia in the South East, and Zamfara in the North West.

The statement revealed that the PSP whose contracts were terminated were, Data Mining Company and Innovative NIPOST.

β€œThe Federal Government cannot accept delays in the current payment round of N20,000 stipends to beneficiaries in poor and vulnerable households under any excuse in the four states or any other state of the federation.

β€œThe failure of any payment service providers to meet their contractual agreement is unacceptable.

β€œThe Federal Government through the Ministry cannot allow contractors to derail the immediate CCT to the poor and the vulnerable,” it explained.

The News Agency of Nigeria reports that President Muhammadu Buhari, during his first national broadcast announced the payment as a measure to cushion the effect of the coronavirus lockdowns in the country on poor and vulnerable households. (NAN)




YOU MAY ALSO LIKE

Related Posts Pictures

Lawmaker caught looking at porn during "stressful" reading of budget bill

Related Posts Pictures

JUST IN!!! EFCC Chairman, Magu Has Over 380 Houses, 7 Crude-Laden Ships And N37bn Assets

Related Posts Pictures

Why Are Most Guys Are Afraid Of Dating Ladies Who Attend These Churches?

Related Posts Pictures

US-Iran Face-Off: Tougher Screening Awaits Nigerian Travellers

Related Posts Pictures

Buhari knows Nigerians will never stand up for those that stand up for them - Seun Kuti speaks on Sowores rearrest in court (video)

Comments


Add Comment

All fields are required!








Contact Us Picture

Are you interested in Advert placement | Promoting your Music or Video | Other Enquiries? We are always available to get that done for you without breaking a sweat. Send us a mail @ elextechnologies4@gmail.com | Call us @ 08132021949 | Message us via whatsapp @ 08132021949