774,000 SPW Jobs: FCMB joins other Banks in the payment of Beneficiaries

The First City Monument Bank (FCMB), Wednesday, joined Access and Fidelity Bank in the payment of the beneficiaries of the Special Public Works Programmme.

The Special Public Works Programme is a 3 month programme in which each of the beneficiary would be paid a monthly stipend of N20,000 for doing mild activities such as clearing of gutters, clearing of market square, road maintenance, traffic control and other minor activities that were assigned to them as a necessity in each of the States of the Federation

The programme engaged 774,000 Nigerians mostly non-graduates across the Federation, 1,000 per LGA, as part of President Mohammadu Buhari's palliative measures to cushion the effect of COVID-19 pandemic on vulnerable Nigerians.

Since the official commencement of the programme on 5th January, 2021, none of the 774,000 participants was paid until last week when Access Bank open the doors of smiles on the faces of the beneficiaries.

Explaining the reasons behind the delay in paying the beneficiaries, the Minister of State, Labour and Employment, Mr Festus Keyamo stated that the Ministry discovered irregularies such as accounts not matching BVNs, multiple accounts bearing a single BVN, non-existent BVNs, etc thereby mandating the participating Banks to rectify all issues befor the commencement of the payments.

Breaking: Fidelity Bank commences Payment of Special Public Works Beneficiaries

The payments have however continued with 1 month Stipend of N20,000 paid to the beneficiaries.

Clarifying on the initial one month payment, Mr Keyamo in a tweet, Monday, through his official Twitter handle https://mobile.twitter.com/fkeyamo, noted that the full payment for each of the SPW participant is N60,000 adding that the alerts of N20,000 received are for the first month."

The Minister further explained that the N20,000 initial payment was because the accounts were new hence were being test-run before the full payment of the beneficiaries.

For more information about the Federal Government Extended Special Public Works Programme, visit https://specialpublicworks.gov.ng/site.