People with Disabilities may have the option of getting cash delivered to them at home during the implementation of the $800m loan approved by the World Bank as subsidy palliative, media has learnt.
This was contained in the Payment delivery modalities for NASSP-SU document obtained by our correspondent from the website of the World Bank.
According to the document, people with disabilities may ask someone else to open an account on their behalf for the monthly cash transfer or choose to get the cash delivered to them at home.
The document read in part, “Beneficiaries with special needs e.g., people with disabilities, may appoint a representative person to open the account on their behalf, or the project will establish a dedicated process for in-cash home delivery.”
The need for multiple delivery channels to disburse support grants was stated in the document, which noted that about half of the surveyed benefiting population did not have a bank account.
It was, however, suggested that digital financial services should be deployed to drive financial inclusion, among other benefits.
The document added, “DFS could make regular and timely payments to beneficiaries, reaching the targeted beneficiaries. It ensures comprehensive coverage of the targeted population to prevent funds leakages and duplication of payments.
“It streamlines the cumbersome government procedures for processing cash transfers to beneficiaries. It can leave a tangible trace for funds flow that strengthens the transparency and accountability of cash transfer programmes. Leveraging DFS in income support could potentially prevent further economic fallout and strengthen recovery and financial stability.”
According to the documents, beneficiaries could use deposited funds for cash out, electronic payment purchases, electronic transfers, or bill payments.
The report added, “To reduce the cash turnover, the PSPs may encourage the customer to spend the funds on digital payment use cases.
“Whereas these processes are in place for the largest majority of beneficiaries, the ones with special needs, e.g., with disability, may benefit of dedicated home cash delivery service.”
The $800m programme would be implemented by the Federal Ministry of Humanitarian Affairs, Disaster Management and Social Development.
Media earlier reported that the Federal Government planned to deploy Point-of-Sales agents for cash transfers during the NASSP-SU.
Media also reported that in an effort to drive a cashless economy, the Central Bank of Nigeria suggested the use of eNaira for cash transfers during the programme.
President Bola Tinubu recently urged the Senate to approve the borrowing request of $800m.
