Prof. Osinbajo stated this Tuesday in Abuja while flagging-off, virtually, the cash transfer scheme to be facilitated through a wholly technology-based approach called the Rapid Response Register (RRR).
The only official website to apply is https//fgnigeria.gov.ng/rrr/apply
- Apply for CBN Manara Loan 2021 – Application Portal (Non-Interest Loan)
- Japan International Award for Young Agricultural Researchers (Japan Award) 2021
- Apply for Ebbe Nielsen Challenge 2021 (Up to €20,000 in prizes)
- Apply for 2021 Global Mastercard Launch Development Program for Graduates
- Just IN: FRSC to introduce digital driver’s licence
RRR is the means by which urban poor and vulnerable population can be speedily identified using geographic satellite technology and other related means for the purposes of delivering cash to households affected by the fallouts of the COVID-19 pandemic in the country.
According to the Vice President “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.
“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.”
The Vice President maintained that the launch of the (RRR) social protection method of targeting, which is the first strategy to be developed and tested in the Sub-Saharan Africa region, would enable Nigeria tackle poverty in a more systematic manner, leveraging technology to expand the scope of the interventions.
His words: “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.”
Earlier in her remarks, the Minister of Humanitarian Affairs, Disaster Management and Social Development, Hajiya Sadiya Farouq said the initiative would provide a gateway to other important government programmes, adding that Nigeria now has a database for impact tracking and the expansion of social interventions and related programmes, in line with President Muhammadu Buhari’s vision of extending financial support to more Nigerians.
She said “By design, this register links to other databases such as banking information of respondents and national identity numbers. It is also a process that is advanced in unifying national databank towards the delivery of social development in Nigeria. There is no doubt that in future, as has been demonstrated in the previous presentation, we would be reverting to the process used here and the register itself, to aid emergency assistance”.
On his part, the World Bank Country Director for Nigeria, Mr Subham Chaudhuri commended the Federal Government for the initiative, noting it as a critical component in the country’s response to the COVID-19 pandemic. While pledging the support of the World Bank for the project, Mr Chaudhuri emphasized the need for stakeholders to remain transparent in the selection and disbursement of the funds to the beneficiaries.
About 3,115 households received alerts of payments instantly at the flag-off of the project by the Vice President. A total of 1 million households would be impacted directly under the scheme in the next 6 months. Each household already identified will receive N5000 cash transfer from January to June this year.
The Cash Transfer scheme which is part of the ESP is designed to build a shock responsive framework for capturing and registering the urban poor and vulnerable populations across Nigeria. The RRR focuses mainly on the urban poor wards selected using scientifically validated methods of satellite remote sensing technology, machine learning algorithm and big data analysis.
Also present at the event include the Minister of Labour and Employment, Sen. Chris Ngige; the representative of the European Union (EU) mission in Nigeria, Mr Ketil Karlsen, among others.
Senior Special Assistant to the President on Media & Publicity,
Office of the Vice President
19th January 2021
- Apply for Admin Officer at a Reputable Pharmaceutical Marketing Company
- Apply for Cargo Manager at a Travel & Tour Company – HRLeverage Africa
- University of Port Harcourt (UNIPORT) Matriculation Ceremony Date for 2019/2020 Academic Session
- How To Unshare Data On Glo In 2021
- How To Earn Extra Money In 3 Easy Steps!
Technology1 day ago
How to Link Your NIN Number with your Sim online, You don’t need to visit any Office
Business4 days ago
How to Check if your CBN Covid-19 TCF Loan is Approved
Technology2 days ago
How to Check If your NIN has been Successfully Linked (All Networks)
Grants4 days ago
Apply for CFMC COVID-19 Relief Fund Grant 2021 (Get Up to $5,000 in Cash)
Economy5 days ago
BOI Loan: Apply for BOI Manufacturing Loan 2021 (Get Up to 10 Million)
Health5 days ago
2021: Importance of Folic Acid to Pregnant Women
QA4 days ago
FREE Airtime Ultimate Search (Click to find the Scratch Card PIN, MTN Users)
Business5 days ago
How To to Use Loan Apps Properly to Get a Loan In 2021