- Low income earners to received N5,000 stipend monthly
- Beneficiaries of the initiatives includes “self-employed”, “wage employed” and “urban poor
In the bid to give succor to some vulnerable citizens across the country, the vice president Yemi Osinbajo has flagged of the cash transfer of N5,000.
The initiative which is meant to ease the impact of COVID-19 on the economy is targeted at low income earners in urban areas.
According to reports the federal government is giving the low-income earners the money under the Rapid Response Register (RRR) and beneficiaries will receive the stipend for a period of six months.
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The target beneficiaries includes “self-employed”, “wage employed” and “urban poor.”
Meanwhile the ministry of humanitarian affairs, using “cutting-edge” technology, had undertaken a pilot scheme where over 100,000 beneficiaries in Lagos and the federal capital territory (FCT) were captured.
Speaking at the virtual flag off of the RRR in Abuja on Tuesday, Osinbajo said the set of vulnerable people were not captured in the National Social Register (NSR).
“The Rapid Response Register is designed to focus mainly on the urban poor wards selected using scientifically validated methods of satellite remote sensing technology, machine learning algorithm and big data analysis”.
Also during the virtual meeting, the minister of humanitarian affairs, Sadiya Farouq, said there is a need for the government to ameliorate hardship of low-income earners in urban areas.
He said: “Our experience during the COVID-19 pandemic reinforced this position, especially given the requirement of the COVID-19 protocols, as well as our inability to immediately reach the urban poor impacted by the pandemic.
“We needed to develop the capacity for rapid response to any emergency, whether natural or man-made – such as the crisis of banditry, insurgencies, communal crisis and the emerging food crisis it sprouts, or the displacement arising thereof, and not least, future emergencies arising from climatic changes or similar pandemics.”
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