All 5 components of the Social Investment Programme (SIP) have now taken off:
1. National Home Grown School Feeding Programme
3. Government Enterprise and Empowerment Programme
4. Conditional Cash Transfer
The SIP is the largest and most ambitious social safety net programme in the history of Nigeria, with more than 160 billion Naira released and more than 10 million direct beneficiaries so far —
460,000 N-Power beneficiaries currently enrolled and have been deployed and are receiving N30,000 in monthly stipends. 40,000 are at various stages of enrolment.
Government Enterprise and Empowerment Programme (GEEP):
Trader Moni: 2 million petty traders will have received loans ranging from N10,000 to N50,000 by the end of 2018.
Market Moni: More than N15 billion already disbursed in interest-free loans ranging from N50,000 to N350,000 disbursed to more than 300,000 market women, traders, artisans, farmers across all 36 States of the country and the FCT, under GEEP. (56 percent of the loans have gone to women).
In terms of advancing the financial inclusion goals of the Buhari Administration, GEEP has led to the opening of 349,000 new bank accounts/wallets for beneficiaries and intending beneficiaries. In November 2017, GEEP was chosen as the pilot programme for the Bill & Melinda Gates Foundation Policy Innovation Unit in Nigeria.
Home Grown School Feeding Programme (HGSFP):
Currently catering to a total of 9.3 million pupils in more than 48,000 public primary schools across 26 states: Abia, Anambra, Enugu, Ebonyi and Imo (South East); Akwa Ibom, Cross River and Delta (South South); Osun, Oyo, Ondo and Ogun (South West); Benue, Niger and Plateau (North Central); Kaduna, Katsina, Kano, Zamfara and Sokoto (North West); Bauchi, Taraba, Borno, Gombe, Jigawa and Adamawa (North East).
Over 90,000 direct jobs have since been created from the School Feeding Programme. More than 90,000 cooks are currently engaged in the 26 participating states. All 36 states of the Federation and the FCT will eventually benefit from the Programme.
The Health aspect of the programme has seen over 3 million pupils dewormed in 6 states, the deworming programme is a bi-annual programme aimed at eradicating and reducing the burden of worms.
Conditional Cash Transfer (CCT):
More than 500,000 poor and vulnerable households have been registered on the National Social Register, and 300,000 of these families are currently benefiting from the CCT Scheme, which pays N5,000 to each household monthly.