• April 14, 2021

Stop Cash Payments, Pay Nigerians Through Their BVNs – SERAP To FG

By Iyke Nwabueze

Accountability Watchdog, the Socio-Economic Rights Accountability Project (SERAP) has asked the Federal Government of Nigeria to disclose actual details on COVID-19 expenses, donations, updated list of beneficiaries of cash payments, cash transfers in Lagos, Ogun and Abuja, and to stop ongoing cash transfers and pay people via BVN.

In the view of SERAP, electronic cash transfers through BVN would be more cost-effective as it would afford the people the freedom to procure their most basic needs in these critical times.

According to the group’s statement on its official twitter handle, “We are seriously concerned that millions of the country’s poorest and most vulnerable people have not benefited from the announced palliatives, donations, reported cash payments, cash transfers and other benefits”.

“Rather than making physical cash payments to the country’s poorest & most vulnerable people, we urge to begin electronic cash transfers to all beneficiaries through individuals’ Bank Verification Numbers (BVNs), already available through the banks”.

“This would be cost-effective at this time of crisis, provide immediate and significant benefits, as well as give individuals and families the freedom to spend the money on goods and services that best meet their particular needs”.

SERAP is a nonprofit, nonpartisan, legal & advocacy org. devoted to promoting transparency, accountability & respect for socio-economic rights in Nigeria

Agenda Watchdog

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