Keynote Address delivered by His Excellency

the Executive Governor, Engr. SeyiMakinde at the Flag-off Orientation Programme of OYS-CARES LIPW held at Ibadan North-East Local Government Secretariat, Iwo Road, Ibadan.

Head of Service,

Honourable Commissioners,

Permanent Secretaries,

All Stakeholders and Beneficiaries,

Gentlemen of the Press,

Ladies and Gentlemen.

It is a great delight for me to be here today to witness the commencement of the first round of Labour Intensive Public Workfare (LIPW) of Nigeria COVID-19 Action Recovery and Economic Stimulus (NG-CARES) which domesticated to OYS-CARES in Eighteen (18) Local Government Areas of the State. An appreciable support from the World Bank.

The rationale for World Bank support for this Program for Result (PforR) Operation was based on the fact that poverty and vulnerability levels were already high in the Country before COVID-19 while the poor and vulnerable households face challenges on multiple fronts with COVID-19 pandemic ranges from losses of labour income, non-labour income, food insecurity and so on.

This program is part of a broader emergency package with a Program Development Objective (PDO), “to expand access to livelihood support and food security services, grants for poor and vulnerable households and firms”.

A Program for Result (PforR) operation is expected to achieve tangible results that will equally bring resources to the State. It therefore, becomes imperative for all the Delivery Platforms to expedite actions in all the Eight (8) Disbursement Link Indicators (DLIs) the State is participating.

I was reliably informed that the assessment of the Independent Verification Agents (IVAs) will serve as a basis of periodic disbursements to the State Consolidated Revenue Fund (CRF) Account.

In order to have smooth take-off with full implementation, the State Government has graciously approved omnibus approval of over Three Billion (N3b) Naira for OYS-CARES and the immediate release of over One Billion (N1b) Naira in addition to the advance released by the World Bank to all the Delivery Platforms to commence full implementation.

The Government of Oyo State will continue to partner with the World Bank in the area of sustainable development projects, poverty eradication, food security, youth empowerment, social inclusion and protection. We will remain committed to providing necessary financial support and enabling environment for further interventions.

I wish to congratulate all the beneficiaries for the opportunity and urge them to comport themselves well and carry out their activities as expected of them during the period of the programme.

Thank you all and God bless.

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