The Federal Government has terminated the contract of two payment service providers under the Conditional Cash Transfer Programme for delaying the payment of N20,000 stipends to the poor and vulnerable in four states.
This was made known in a statement signed by Salisu Na’inna Dambatta for the Minister of Humanitarian Affairs, Disaster Management and Social Development, Sadiya Umar Farouq and released on April 14.
The statement reads that the contract of the two payment service providers (PSP) was canceled “for failure to meet the contractual agreement to commence Conditional Cash transfer to beneficiaries in four states of the federation assigned to the PSP.”
It added that the termination would affect Bayelsa, Akwa Ibom, Abia, and Zamfara.
“The immediate termination of the contract would be with the guidance of the World Bank, and a new procurement process launched using World Bank procurement guidelines to ensure that payments commence in the affected states on or before April 28, 2020.”
The Minister, Sadiya Umar Farouq said the Federal Government would not tolerate delay in the payment of N20,000 stipends to poor and vulnerable households under any excuses.
“The failure of any payment service providers to meet their contractual agreement is unacceptable. The Federal Government through the Ministry cannot allow contractors to derail the immediate conditional cash transfers to the poor and the vulnerable,” the statement concludes.
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