Rapid Response Register For COVID-19 Cash Transfer

COVID-19 Cash Transfer

Federal Ministry of Humanitarian Affairs has launched Covid-19 Rapid Response Register to transfer cash to poor households who saw the worst effects of the economic shocks of the pandemic.

The register operates with technological systems and will serve as a database to enable easy reach to beneficiaries.

The system allows the ministry to select low-class earners in urban regions of the country using scientifically validated methods. It deploys satellite remote sensing technology, machine learning algorithm and big data analysis for the selection process. 

The method will further enhance financial inclusion especially for people who were excluded in the National Social Register (NSR) according to the Vice President. 

The ministry who made this known on their Twitter account is in charge of social protection systems for the improvement and general welfare of the people. They have other support channels to reach out to the poorer masses especially in the North of Nigeria.

The Rapid Response Register was a design of Vice President Prof. Osinbajo, who flagged off the cash transfer of N5,000 on Tuesday.

At least 300,000 beneficiaries received cash instantly after the launch.

Low-income earners in urban areas including self-employed and wage employed will receive the allowance of N5, 000montly for six months.

Recently the FG launched cash grant for 6,800 rural women in Katsina through the humanitarian affairs.

Earlier in January, the ministry announced that it seeks global best standards for persons with disabilities in Nigeria.

The World Bank is also going to contribute to the RRR.

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Christina Ngene

Content creator focusing on finance and business with five years of experience and a foundation in forex analysis.

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