The Federal Government on Tuesday said about 24.3 million poor Nigerians would get N5,000 each for a period of six months. This translates to N729bn within the six-month period.

Minister of Humanitarian Affairs, Disaster Management and Social Development, Sadiya Farouq, disclosed this at the inauguration of the Federal Government’s emergency intervention database for the urban poor.

A statement issued in Abuja by the minister’s aide, Nneka Anibeze, said the intervention would serve as cushion for those further impoverished by the COVID-19 pandemic.

The statement read in part, “According to records, about 24.3 million poor and vulnerable individuals were identified at the end of 2020 and registered into the National Social Register.

“Each beneficiary will receive N5,000 for a period of six months.”

Farouq said the intervention database was needed to develop the capacity for rapid response to any emergency including natural or man-made disasters.

The minister said the Rapid Response Register was designed to rapidly identify, register and provide succour to people who were not previously captured in the social register.

Speaking on the RRR, the Vice President, Prof. Yemi Osinbajo, said the register deployed a wholly technology-based approach, adding that it was primed to achieve an end-to-end digital foot-print in cash transfers for the urban poor.

This, he said, would also help the government to achieve its financial inclusion policy under the Enhancing Financial Innovation and Access programme.

He said, “The groundbreaking success of the RRR now emboldens us to achieve our aspiration of a social security programme for a minimum of 20 million Nigerians in the next two years. This will be the largest of its kind on the continent.”

Osinbajo also hinted that the Federal Government would seek funding for the intervention programmes as the country deserved a social security scheme that would not only alleviate poverty but also create wealth for millions of those waiting for the opportunity.

Source:
https://m.punchng.com/Business/FG-to-pay-24.3-million-poor-Nigerians-N729bn-says-minister

What a useless policy and waste of resources because it will simply be looted like the school feeding scheme.This woman is now the new biggest crook in this cursed regime.

They will loot the money

Favoritism and nepotism will take over
Also party affiliation

This later ministry was created for one purpose: laundering money for this administration. This could be reinforced by the shamelessness this Sadiya woman calls figures with..

Shey last year they spent 500bn feeding school children that were at home..

Odiegwu

They should continue, nobody will carry his owm share to the grave, and the grave is coming for everyone.

#729b is more than enough to build 145,000 mini flats units by virtue of 4000 units in every state, yet some people want to waste it on invisible poorer Nigeians.

Leadership is number 1 problem of this country.

God will judge you political

This government is very lazy. They don't want to think of effective ways of bettering the current state of the economy. All they want to do is give out money because it's the easiest thing to do.

Do these people know the kind of massive industries 700+ billion would build Do they know the number of jobs these industries would create

SEE WHAT I AM SAYING. N729BN TO 24.3MILLION PEOPLE JUST DASH IS WORSE THAN A HUMANITARIAN DISASTER. IT'S BUHARINOMICS.

N729BN DIVIDED BY 36 GIVES YOU N20.250BN PER STATE.

GIVE THIS TO EACH STATE GOVERNMENT TO CREATE JOBS, EVEN TO BUILD MODERN RANCHES.

YOU WILL BE TEACHING NIGERIANS HOW TO FISH AND NOT JUST GIVING THEM FISH TO EAT.

THAT'S WHY I SAY WOMEN BORE ALL THE BASTARD ALMAJIRIS POLITICIANS IN NIGERIA.

Giving those poor citizens 5k is a waste of resources.

5k multiplied by 6(months) is 30k.

What are they suppose to do/buy with that?

That is not even up to what some people spend every day. Even some 9ja runs girls charge way more than that for a sleep over sex session.

But N729BN would definitely go a long way if put into proper use like establishing projects, companies and facilities that would empower and open up job opportunities for these masses.

TO AKEREDOLU, ORTOM, AFENIFERE OHANEZE PANDEF ETCETERA

THIS MINISTRY OF HUMANITARIAN DISASTER IS PLANNING HOW TO SQUANDER N729bn ON MACBAN SETTLEMENTS LOCATED IN YOUR VARIOUS FORESTS.

TO AKEREDOLU, ORTOM, AFENIFERE OHANEZE PANDEF ETCETERA

THIS MINISTRY OF HUMANITARIAN DISASTER IS PLANNING HOW TO SQUANDER N729bn ON MACBAN SETTLEMENTS LOCATED IN YOUR VARIOUS FORESTS.

PLEASE TELL THEM TO SHARE THE MONEY TO THE 36 CONSTITUTIONAL STATES TO GIVE JOBS TO THEIR PEOPLE.

TO AKEREDOLU, ORTOM, AFENIFERE OHANEZE PANDEF ETCETERA

THIS MINISTRY OF HUMANITARIAN DISASTER IS PLANNING HOW TO SQUANDER N729bn ON MACBAN SETTLEMENTS LOCATED IN YOUR VARIOUS FORESTS.

PLEASE TELL THEM TO SHARE THE MONEY TO THE 36 CONSTITUTIONAL STATES GOVERNMENTS TO GIVE JOBS TO THEIR PEOPLE.

Racoon:
What a useless policy and waste of resources because it will simply be looted like the school feeding scheme.This woman is now the new biggest crook in this cursed regime.

Mother of MACBAN.

nony43:
They will loot the money

THAT'S THE CORD FOR SYPHONING THE N729bn.

But can't provide 100bn to end ASUU strike

Anything they can steal from there is always money ...but the one they can't steal from money go hard

yemmit90:
#729b is more than enough to build 145,000 mini flats units by virtue of 4000 units in every state, yet some people want to waste it on invisible poorer Nigeians.

Leadership is number 1 problem of this country.

IT'S BUHARINOMICS.

Aflix:
This government is very lazy. They don't want to think of effective ways of bettering the current state of the economy. All they want to do is give out money because it's the easiest thing to do.

Do these people know the kind of massive industries 700+ billion would build Do they know the number of jobs these industries would create

IT'S "MACBANISATION".

IT'S RIFA-RUGA ISLAMISATION FULANISATION AND ANARCHY POLICY. IT'S MACBANISATION. IT'S BUHARINOMICS SPONSORED AND FINANCED BY NW EMIRS, SULTAN AND THE PRESIDENT.