Under the Ekiti scheme, 10,000 beneficiaries already shortlisted, would receive N5,000 each monthly. Gov. Ayo Fayose, who launched the scheme, said beneficiaries cut across various strata of the society.
He said the beneficiaries cut across the physically-challenged, the albinos, visually-impaired, the aged, among others.
The governor said no fewer than 6,000 beneficiaries had their accounts credited with the money on Wednesday, Oct. 5, the kick-off date.
He explained that by directly crediting accounts of beneficiaries, the state was eliminating fraud and ensuring that the real beneficiaries get the money.