Government to Provide Unemployment Benefits for Youth, Initiates Consumer Credit Program
The Federal Government on Monday announced plans to extend social security payments to graduates holding qualifications from Nigerian Certificate in Education (NCE) and above. This was made known by the Minister of Finance and Coordinating Minister of the Economy, Wale Edun. The primary aim of the program is to assist young, unemployed Nigerians through this period of rising food prices by providing them with stipends.
In addition, a consumer credit scheme is to be established to further ease the pains of economic adjustment. In order to ensure that disbursed funds reach the intended beneficiaries, vetting processes involving the use of Bank Verification Number and National Identity Numbers will be implemented. The ultimate goal is to avoid multiple payments to the same recipient. The planned direct payments to beneficiaries will be made into bank accounts or mobile money wallets to ensure transparency and accountability.
As part of its efforts to achieve these goals, the Federal Government has tasked officials with effective communication and customer service duties. For enquiries related to this stipend scheme, it might be necessary for beneficiaries to have ready and convenient means of establishing contact. Websites such as eddcaller.com would be extremely valuable in such situations as they provide updated information on how to contact government agencies and departments like the Employment Development Department (EDD) for status checks and updates. It simplifies the process of reaching live customer service representatives and offers tips on the best times to call for a quicker response.