Covid-19: FG To Pay N5000 To 1Million Nigerians Through, Rapid Response Register (RRR). SEE HOW TO APPLY.

 

The Federal Government of Nigeria launched the COVID-19 Rapid Response Register (RRR), an emergency intervention database, for the urban poor made poorer by the pandemic.

This programme was launched by the Vice President, Yemi Osinbajo  on Tuesday.

Vice President, Yemi Osinbajo

 

According to him, the initiative is about the largest evidence-based effort by any administration on poverty reduction and its impact on the lives of the poor is huge. The scheme would see the FG share N5000 monthly to households as it says 1 million households would benefit from the scheme.

No fewer than One million Nigerians are to benefit from the Federal Government’s COVID-19 Cash Transfer Project which aims to lift the urban poor affected by the pandemic out of poverty.

He further said, that the project is a national initiative to build a shock responsive framework for capturing and registering the urban poor and vulnerable populations across Nigeria.

Osinbajo said that the new register complements the already existing platforms under the World Bank supported National Social Safety nets Project (NASSP).

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“This is by way of improving the livelihoods of the beneficiaries through enhanced household purchasing power, smoothening consumption, increasing savings and acquisition of household assets and improving the local economy.

The Vice President’s Senior Special Assistant on Media & Publicity, Laolu Akanda said: “Osinbajo today launched a technology-based Rapid Response Register which identifies urban poor people who in the next 6 months willl receive N5000 monthly. In all 1 million households will benefit from this especially cash transfer being implemented by the Humanitarian Affairs Ministry.”

While inaugurating the COVID-19 Rapid Response Registration (RRR) Cash Transfer Project, the Vice President said:

“As of Dec. 31, 2020, we have identified and registered about 24.3 million poor and vulnerable individuals into the National Social Register; equivalent to about 5.7 million households.

“Through this project, we are currently injecting about N10billion directly into the hands of about two million poor and vulnerable households every month.

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“This social protection method of targeting is the first strategy to be developed and tested in the Sub-Saharan Africa region and Nigeria will be the first country for its implementation.

“With the RRR, which uses a wholly technology-based approach, we are primed to achieve an end-to-end digital foot-print in cash transfers for the urban poor.” He concludes

The Vice President added that the implementation of the scheme would enable Nigeria to achieve its financial inclusion policy under the Enhancing Financial Innovation and Access programme.

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