Welcome, Guest: Join Nairaland / LOGIN! / Trending / Recent / New
Stats: 2,641,860 members, 6,184,551 topics. Date: Monday, 08 March 2021 at 04:23 AM

1m Nigerians To Benefit From COVID-19 Cash Transfer, Osinbajo Says - Health - Nairaland

Nairaland Forum / Nairaland / General / Health / 1m Nigerians To Benefit From COVID-19 Cash Transfer, Osinbajo Says (205 Views)

103-Year-Old US Grand Mother Celebrates Recovery From COVID-19 By Drinking Beer / Godwin Maduka Foundation Begins Cash Transfer To Widows In Anambra (Photos) / Covid-19 Patients Being Treated In Lagos Hospital Beg Nigerians To Stay At Home (2) (3) (4)

(1) (Reply) (Go Down)

1m Nigerians To Benefit From COVID-19 Cash Transfer, Osinbajo Says by Matsones: 8:29am On Jan 22
No fewer than One million Nigerians are to benefit from the Federal Government’s COVID-19 Cash Transfer Project which aims to lift the urban poor affected by the pandemic out of poverty.
The Vice President, Prof. Yemi Osinbajo, said this on Tuesday in Abuja while inaugurating the COVID-19 Rapid Response Registration (RRR) Cash Transfer Project.
According to him, the project is a national initiative to build a shock responsive framework for capturing and registering the urban poor and vulnerable populations across Nigeria.
Osinbajo said that the new register complements the already existing platforms under the World Bank supported National Social Safety nets Project (NASSP).
“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.”
According to him, the initiative is about the largest evidence-based effort by any administration on poverty reduction and its impact on the lives of the poor is huge.
“This is 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.
Osinbajo said that the RRR was 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.
“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.
“Which also helps us achieve our financial inclusion policy under the Enhancing Financial Innovation and Access programme (EFInA).”
News Agency of Nigeria (NAN) reports that the first set of 3,115 beneficiaries have already received N5,000 each cash transfer and the programme will continue until it reaches the one million target.
The cash transfers will be received by the beneficiaries for six months.
Also at the event, the Minister of Humanitarian Affairs, Disaster Management and Social Development, Sadiya Farouq, said that the RRR would provide the gateway to many social development initiatives.
“This is because it uses innovative advancements in technology, in combination with ground-truthing processes, to generate an early response system.
“By design, the register also links to other databases such as banking information of respondents and national identity numbers.
Re: 1m Nigerians To Benefit From COVID-19 Cash Transfer, Osinbajo Says by istina: 8:46am On Jan 22
As they benefitted the last time abi?
Re: 1m Nigerians To Benefit From COVID-19 Cash Transfer, Osinbajo Says by Jollylolly(f): 9:13am On Jan 22
This is similar to CCT of NSIP, the ministry of humanitarian is spare heading this, since it is a part of ESP, the VP has to declare it open.... OVP should ensure there is strict efficient supervision of the whole of ESP schemes so that the people targeted from the get go, get them. This is the only way govt impact will be felt on the people positively
Re: 1m Nigerians To Benefit From COVID-19 Cash Transfer, Osinbajo Says by okefranci: 9:16am On Jan 22
This is by way of improving the livelihoods of the beneficiaries through enhanced household .
Re: 1m Nigerians To Benefit From COVID-19 Cash Transfer, Osinbajo Says by Joylove2324(f): 9:16am On Jan 22
This is a great development
Re: 1m Nigerians To Benefit From COVID-19 Cash Transfer, Osinbajo Says by TCTV(f): 9:25am On Jan 22
Indeed a welcoming development, and I'm very sure Nigerian will benefit more from this administration
Re: 1m Nigerians To Benefit From COVID-19 Cash Transfer, Osinbajo Says by Thunder1010: 9:26am On Jan 22
The administration is doing everything possible to make life better
Re: 1m Nigerians To Benefit From COVID-19 Cash Transfer, Osinbajo Says by ojokolax: 9:26am On Jan 22
For a six months projected business, the target of a million Nigerians is a great development.
Re: 1m Nigerians To Benefit From COVID-19 Cash Transfer, Osinbajo Says by Champneys: 9:29am On Jan 22
A very duplicitous and deceitful administration.
Lifting people out of poverty is not done by talking from both sides of the mouth with changing parameters and metrics at every short intervals.
You will not lift anyone out of poverty by doling out 5k or 10k or 20k, only idio...ts and simpletons will think otherwise.


With all due respect, Yemi Osinbajo, you are a bloody bastar...d and charlatan, you and Buhari are incompetent twerps!
Re: 1m Nigerians To Benefit From COVID-19 Cash Transfer, Osinbajo Says by Champneys: 9:29am On Jan 22
Thunder1010:
The administration is doing everything possible to make life better

Continue deceiving yourself!
Re: 1m Nigerians To Benefit From COVID-19 Cash Transfer, Osinbajo Says by Prolificgiant(m): 9:48am On Jan 22
Vice president u can lie for Africa nawa ooo if u are an experienced teacher and reside around ayobo, bada Lagos contact me. Requirement waec, OND and NCE
Re: 1m Nigerians To Benefit From COVID-19 Cash Transfer, Osinbajo Says by aderinsola75355: 11:10am On Jan 22
This is a great development
Re: 1m Nigerians To Benefit From COVID-19 Cash Transfer, Osinbajo Says by AerialMapper: 4:51am On Jan 23
Osinbajo said that the RRR was 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.

The PYB fan boys will come out swooning now from the beautiful nonsense but won’t ask themselves why the FG didn’t use all this technology for NIN registration.

When they want to scam you; first they confuse you!

1 Like

(1) (Reply)

Why A Mad Person Doesn't Eat And Dress Well, Yet Knows To Check For Traffic Befo / Cholera Claims 500 Lives In 5 Months In Nigeria / It Is A Little Bit This It Has A Little Tacky

(Go Up)

Sections: politics (1) business autos (1) jobs (1) career education (1) romance computers phones travel sports fashion health
religion celebs tv-movies music-radio literature webmasters programming techmarket

Links: (1) (2) (3) (4) (5) (6) (7) (8) (9) (10)

Nairaland - Copyright © 2005 - 2021 Oluwaseun Osewa. All rights reserved. See How To Advertise. 45
Disclaimer: Every Nairaland member is solely responsible for anything that he/she posts or uploads on Nairaland.