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.
The scheme would see the FG share N5000 monthly to households as it says 1 million households would benefit from the scheme.
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.
“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.”
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 (EFInA).
What you should know
- Nairametrics reported last week that the Federal Government announced that it would inaugurate a COVID-19 Rapid Response Register (RRR), which would be a health emergency response for the poor living in urban centers that have been affected by the pandemic.
- The register which is being built by NASSCO is an expansion of the existing National Social Safety Nets Project (NASSP). It targets small business owners, street vendors, petty traders, Small and Medium Enterprises (SMEs), and service providers.