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N5000 Rapid Response Fund: Nigerians Condemn FG

January 20, 2021
in News, Business & Economy
Reading Time: 3 mins read
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N5000 Rapid Response Fund: Nigerians Condemn FG
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Mixed reactions have welcomed the launch of the Federal Government’s N5,000 Rapid Response Register (RRR) Programme.

The Vice President and Chairman of the National Social Protection Policy (NSPP) Yemi Osinbajo, at the flag-off ceremony of the programme announced that:

“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.”

RRR is a programme under the National Social Protection Policy (NSPP), targeted at about 20 million Nigerians.

Through the programme, FG plans to disburse about N10 billion to 2 million poor and vulnerable people across the country.

The programme targets “the urban poor wards selected using scientifically validated methods of satellite remote sensing technology, machine learning algorithm and big data analysis.”

READ ALSO: WAFU U-17: Nigerians Lash Out at Golden Eaglets for depending on Luck

During the launch of the programme, the vice president announced that “about 3,115 households received alerts of payments instantly at the flag-off of the project. All the households already identified will receive N5000 cash transfer from January to June.”

WHAT NIGERIANS ARE SAYING ABOUT THIS

This development has attracted mixed reactions from Nigerians on socialmedia. Some have commended the programme while many condemned it.

Isaiah Kumuyi was among the few that commended the initiative, he reacted that: “This iss very commendable of the Muhammad Buhari administration. Kudos to you, Sir, VP Prof. Yemi Osinbajo, for leading the charge.”

READ ALSO; Fuel Subsidy: Kerosene Price Reduces by 3% in December 2020

Check out other reactions that commended the Programme:

N5000 Rapid Response Fund: Nigerians Condemn FG
N5000 Rapid Response Fund: Nigerians Condemn FG

Many Nigerians on the other hand have condemned the programme. Many are of the believe that the money cannot free Nigerians from poverty.

N5000 Rapid Response Fund: Nigerians Condemn FG
N5000 Rapid Response Fund: Nigerians Condemn FG
N5000 Rapid Response Fund: Nigerians Condemn FG
N5000 Rapid Response Fund: Nigerians Condemn FG
N5000 Rapid Response Fund: Nigerians Condemn FG
N5000 Rapid Response Fund: Nigerians Condemn FG
N5000 Rapid Response Fund: Nigerians Condemn FG

READ ALSO; Bedwetting for 20yrs: “I was dumbfounded, my tears felt hot and tasted bitter”, Tolu Joseph recounts ordeal

Tags: Federal GovernmentRapid Response RegisterVice President Yemi Osinbajo
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