FG Begins Cash Transfer To 200,000 Nigerians | How To Apply
FG Begins Cash Transfer To 200,000 Nigerians | How To Apply: The Federal Government has started disbursing the conditional Cash Transfer of N5000 to 200,000 Nigerians, the Coordinator, National Social Safety Net Programme, Mr. Iorwa Apera made this known, Monday the 2nd of August 2021
The Rapid Response Register (RRR), has been officially begun, the Vice President Prof. Osinbajo virtually flagged off the RRR scheme in Abuja, during an online meeting
“The groundbreaking success of the RRR now emboldens us to achieve our aspiration of a social security programme for a minimum of twenty million Nigerians in the next two years. This will be the largest of its kind on the continent. This (aspiration) is, at least from the perspective of this tested approach, now well within our reach.”
“The only constraint, of course, is the funding which we must look for because this country deserves a social security scheme that will not merely alleviate poverty but also create wealth for the millions of those who are waiting for this opportunity.
Rapid Response Register.
“As part of the NSIP, the Rapid Response Register (RRR) has been put in place by the Ministry as a shock responsive intervention register specifically targeted at the Urban Informal workers impacted by the Covid 19 Pandemic.
“One million Beneficiaries will receive monthly cash transfers of N5,000 for 6 months. A pilot commenced earlier this year with 3,115 beneficiaries in Lagos and Abuja. It will be upscaled nationwide and beneficiaries will start receiving their stipends soon.
“The Federal Ministry of Humanitarian Affairs, Disaster Management and Social Development remains committed to the continued implementation of the National Social Investment Programmes (NSIP), in line with Mr President’s policy to unfailingly lift 100 million Nigerians out of poverty in 10 years, especially through innovative Youth Empowerment and Gainful Employment”
“Our government launched the National Social Protection Policy (NSPP) in 2017 to provide the framework for institutionalizing the work we started since 2016 on reducing extreme poverty in Nigeria, based on our administration’s vision to create a comprehensive social security programme for the poor and vulnerable and thereafter the pledge to lift 100 million Nigerian’s out of poverty in ten years.”
“As of 31st December 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 N10 Billion directly into the hands of about 2 million poor and vulnerable people every month.
“This is about the largest evidence-based effort by any administration on poverty reduction and its impact on the lives of the poor is huge; 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. There are many more ramifications.”