Lagos Transfers N1.3bn To Residents

Lagos State Government Transfers N1.346 Billion to Residents through Conditional Cash Transfer

The Lagos State government has transferred a total of N1.346 billion to its residents through the state’s conditional cash transfer from the National Cash Programme. This initiative aligns with the Sustainable Development Goals (SDGs) set by the United Nations to promote social and economic development.

Conditional Cash Transfer Program

The commissioner for wealth creation and employment, Hon. Akinyemi Bankole Ajigbotafe, revealed this information during the ongoing ministerial press briefing at Alausa, Ikeja. The purpose of the briefing is to present the scorecard of Governor Sanwo-Olu’s administration in the first year of the second term in office.

As part of the bi-monthly Conditional Cash Transfer (CCT) program, the ministry has transferred a total sum of N346,030,000 to 11,386 households in 12 local government areas. These areas include Apapa, Amuwo-Odofin, Ajeromi Ifelodun, Agege, Badagry, Epe, Ikorodu, Ibeju-Lekki, Lagos Island, Shomolu, Ifako-Ijaiye, and Alimosho.

This implementation of the CCT program has resulted in a total disbursement of N1,346,030,000 to the beneficiaries. The program aims to alleviate poverty and promote social inclusion, which are key targets of the SDGs.

National Cash Transfer Programme

The commissioner highlighted that the National Cash Transfer Programme, also known as the Household Uplifting Programme (HUP), is one of the four social investment programs supported by the federal government in collaboration with the World Bank Group. This program was introduced in September 2016 to address poverty and hunger by ensuring a more equitable distribution of resources to vulnerable populations, including children, youth, women, and people with special needs across all states of the federation, including the FCT.

Lagos Industrial Leather Hub

In addition to the conditional cash transfer program, the commissioner announced that the Lagos industrial leather hub in Matori, Lagos, is set to be commissioned by July. The construction of this hub cost a total of N4 billion and is another significant step towards achieving the SDGs.

The hub aims to create employment opportunities, develop the capacity of artisans, and provide necessary equipment and infrastructure for Micro, Small, and Medium Enterprises (MSMMEs) operating in the leather value chain. The facilities within the hub include a production area equipped with industrial equipment for mass production of leather products, as well as a shopping area consisting of shops, training rooms, workstations, office space, and a showroom.

“The Lagos State government has invested over N4 billion in the Lagos State Leather Hub in Mushin. I can confirm that the hub will be commissioned by July this year,” stated Ajigbotafe.

SDGs, Targets, and Indicators

Analysis

1. Which SDGs are addressed or connected to the issues highlighted in the article?

• SDG 1: No Poverty
• SDG 8: Decent Work and Economic Growth

The article discusses the Lagos State government’s conditional cash transfer program, which aims to tackle poverty and hunger. This aligns with SDG 1, which focuses on eradicating poverty in all its forms. Additionally, the article mentions the construction of the Lagos industrial leather hub, which aims to promote economic growth and job creation, aligning with SDG 8.

2. What specific targets under those SDGs can be identified based on the article’s content?

• Target 1.3: Implement nationally appropriate social protection systems and measures for all, including floors, and by 2030 achieve substantial coverage of the poor and the vulnerable
• Target 8.3: Promote development-oriented policies that support productive activities, decent job creation, entrepreneurship, creativity, and innovation, and encourage the formalization and growth of micro-, small-, and medium-sized enterprises (MSMEs)

The article mentions the implementation of a conditional cash transfer program to provide social protection to vulnerable populations. This aligns with Target 1.3 under SDG 1. Additionally, the construction of the Lagos industrial leather hub aims to promote job creation and support MSMEs, aligning with Target 8.3 under SDG 8.

3. Are there any indicators mentioned or implied in the article that can be used to measure progress towards the identified targets?

• Total amount transferred through conditional cash transfer
• Number of households receiving conditional cash transfer
• Cost of construction for the Lagos industrial leather hub
• Number of employment opportunities created by the hub
• Number of artisans trained and capacity developed

The article mentions the total amount transferred through the conditional cash transfer program and the number of households receiving the transfer, which can be used as indicators to measure progress towards Target 1.3 under SDG 1. Additionally, the article mentions the cost of construction for the Lagos industrial leather hub and highlights that it will create employment opportunities and develop the capacity of artisans, which can be used as indicators to measure progress towards Target 8.3 under SDG 8.

Copyright: Dive into this article, curated with care by SDG Investors Inc. Our advanced AI technology searches through vast amounts of data to spotlight how we are all moving forward with the Sustainable Development Goals. While we own the rights to this content, we invite you to share it to help spread knowledge and spark action on the SDGs.

Fuente: leadership.ng

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