The Ikosi-Ejinrin Local Council Development Area has facilitated the distribution of ATM cards to beneficiaries of the Federal Government’s Renewed Hope Conditional Cash Transfer (CCT) Programme.
Epe Insights reports that the exercise was led by the Executive Chairman, Akogun Wale Raji Anomo, as part of efforts to support vulnerable residents within the council area.
The initiative is a component of the Renewed Hope Social Intervention Programme introduced by President Bola Ahmed Tinubu.
It is designed to reduce poverty, improve living conditions, and provide financial support to low-income households.
At the event, the chairman, who was represented, commended the Federal Government for rolling out impactful welfare programmes.
He noted that such interventions are critical to addressing economic challenges at the grassroots level.
The council boss reaffirmed the commitment of his administration to supporting initiatives that directly benefit residents.
He added that the programme aligns with ongoing welfare efforts within the LCDA, including support for widows and elderly citizens.
Beneficiaries of the scheme were selected through a transparent and community-based verification process.
Officials ensured that only qualified individuals were captured to promote fairness and accountability.
A total of 192 ATM cards were distributed during this phase of the programme.
Authorities disclosed that over 5,000 residents across the LCDA are expected to benefit from the initiative.
The programme includes an initial disbursement of ₦75,000 to beneficiaries.
This will be followed by a monthly support payment of ₦25,000 to sustain households.
Beneficiaries expressed appreciation to the Federal Government for the intervention.
They also commended the local council for ensuring smooth coordination of the exercise.
Many described the programme as timely, especially amid current economic realities.
The initiative is expected to provide relief and improve the standard of living for vulnerable groups.
Stakeholders highlighted the importance of collaboration between federal and local governments.
They noted that effective partnerships are essential for delivering impactful social programmes.
The exercise reflects ongoing efforts to strengthen social protection systems across communities.
Officials assured that monitoring mechanisms will be in place to ensure proper implementation.
They also encouraged beneficiaries to make productive use of the funds received.
The distribution exercise concluded with renewed commitment to expanding access to social intervention programmes.
Observers noted that the initiative reinforces government efforts toward inclusive economic support.
