Vice President Yemi Osinbajo has said that the Federal Government has
not reneged on its promise to hire half a million unemployed Nigerian
graduates.
![]() |
Vice President Yemi Osinbajo |
Osinbajo disclosed this in a statement issued by his media office on Thursday.
The Vice President also ruled out reports in some sections of the media
that the “poorest and vulnerable Nigerians” will be required to go
online to apply for monthly N5,000 Conditional Cash Transfer promised by
the APC government during its 2015 elections campaign.
Recall that the President Muhammadu Buhari administration said earlier
that it had earmarked N500 billion Social Investment Programmes, part of
which will take care of the vulnerable Nigerians.
Osinbajo further ruled out allegations of marginalisation and
mismanagement in disbursement of the said N5, 000 Conditional Cash
Transfer.
“While we understand the need for an ongoing public discussion of this
unprecedented budgetary allocation in favour of the Nigerian people
especially the poorest and the most vulnerable, it is not correct to
claim any form of mismanagement or marginalization whatsoever,” Osinbajo
said.
“There has not been any disbursement from the allocated fund not to talk
of any kind of mismanagement at all. While it is true that funds are
being released for the social investment programmes, it is rather
preposterous for now to say there is no evidence where the funds have
gone to.
“As an administration noted for its transparency, we intend to fully
keep Nigerians posted on all financial expenditure in line with extant
laws of the country.
“Of the series of social investment programmes we have outlined, only
the job creation scheme-N-Power requires an online registration from
unemployed graduates and non-graduate youths.”
“It is important to explain, again, for the benefit of clarity, that the
requirement for online application for the N-Power job scheme makes
absolute sense considering that all together the Federal Government is
planning to hire half a million unemployed Nigerian graduates.”
“We are all witnesses to the calamity that occurred in the past when a
manual effort was made to hire large number of Nigerian youths. It led
to needless deaths and outright chaos.” It added