By Damilola Adeyemo
ABUJA – The Minister of Humanitarian Affairs, Disaster Management and Social Development, Sadiya Farouq, has said that the federal government would lift about 24.3 million poor Nigerians out of poverty by paying N5,000 for a period of six months.
In a statement, Farouq said “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.”
CITY NEWS reports that the Vice President, 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.
In a statement, Osinbajo, said, “The groundbreaking success of the RRR now emboldens us to achieve our aspiration of a social security program for a minimum of 20 million Nigerians in the next two years. This will be the largest of its kind on the continent.”
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