Federal Government set to lift 20 million Nigerians out of poverty – Osinbajo

0
123
Osibanjo

Vice President Yemi Osinbajo (SAN) has said that the Federal Government’s vision to lift at least 20 million Nigerians out of poverty in the next two years is now within reach.

Professor Osinbajo stated this on Tuesday in Abuja during the virtual flag-off of the cash transfer scheme, called the Rapid Response Register (RRR), to be facilitated through a wholly technology-based approach.

This followed the successful activation of the Economic Sustainability Plan’s (ESP) Cash Transfer scheme aimed at delivering financial support to at least 1 million urban-based households.

According to the Vice President, RRR is a means by which the urban poor and vulnerable population can be speedily identified using geographic satellite technology and other related means for the purposes of delivering cash to households affected by the fallouts of the COVID-19 pandemic in the country.

The Vice President maintained that the launch of the (RRR) social protection method of targeting, which is the first strategy to be developed and tested in the Sub-Saharan Africa region, would enable Nigeria tackle poverty in a more systematic manner, leveraging technology to expand the scope of the interventions.