The Nigerian government has just launched a support program for households that are hard hit by the Covid-19 pandemic. Under the Rapid Response Register (RRR), the poorest people in the country will receive a monthly allowance of N5,000 ($13).
Yemi Osinbajo, the Federal Republic’s Vice President, said this initiative is aimed at curbing the impacts of the pandemic but also reducing poverty across the country as part of the National Social Protection Policy (NSPP) launched in 2017. As of December 31, 2020, about 24.3 million poor and vulnerable people were identified in the national social register, the equivalent of about 5.7 million households, Mr. Osinbajo said.
The RRR program will assist 1 million families through direct cash transfer over the first six months of 2021. With Nigeria facing an economic crisis, the government has set a target of lifting 20 million people out of poverty within the next two years. This goal could however be hampered by some difficulties caused by the pandemic which, according to the World Bank, could push 40 million people into extreme poverty.
“Through this project, we are currently injecting about N10 billion directly into the hands of about 2 million poor and vulnerable people every month,” Mr. Osinbajo said, stressing that the success of the RRR scheme will motivate the government to proceed with the deployment of a social safety program.
Nigerian fintech Paystack launches Paystack Microfinance Bank Bank created after acquiring ...
Togolese banks provided 16.2% of WAEMU cross-border credit by September 2025 Regional cross...
Nigeria granted Amazon Kuiper a seven-year license starting February 2026 The move opens comp...
Tether partnered with the United Nations Office on Drugs and Crime to strengthen digital asset cyb...
Africa’s energy & mining exports benefit from US tariff exemptions, cushioning trade as most other...
South Africa proposes zero-alcohol limit for all drivers Reform amends National Road Traffic Act’s drink-driving provisions Move targets road deaths...
Focus areas include education, rural development, climate resilience, digitalisation Programme targets water access, vulnerable groups and human...
Gabon launches SIGFIP to centralise all public revenues and spending System integrates tax, customs, procurement and real-time financial...
This week’s health headlines in Africa highlight Kenya’s severe drought and a spike in typhoid cases in the DRC. As clinical trials for mpox and Lassa...
Located at the mouth of the Senegal River, about twenty kilometers from the Atlantic Ocean, Saint-Louis Island holds a distinctive place in the country’s...
Benin considers hosting a pan-African cultural event inspired by FESMAN but plans to use a different name. Culture Minister Jean-Michel Abimbola...