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FG to pay N729 billion to 24.3 million unprivileged Nigerians

The Federal Government has announced that 24.3 million poor Nigerians will receive N5,000 each for a span of six months. This totals to N729bn within the six-month period.

Sadiya Farouq, Minister of Humanitarian Affairs, Disaster Management and Social Development, revealed this at the inauguration of the Federal Government’s emergency intervention database for the urban poor on Tuesday.

The N5,000 for 24.3 million poor Nigerians will gulp a total sum of N729 billion.

A statement issued in Abuja by the minister’s aide, Nneka Anibeze, said the intervention would also serve for those that have been affected by the COVID-19 pandemic.

The statement partly reads, “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.”

The Minister said the intervention database was needed to develop the capacity for rapid response to any emergency including natural or man-made disaster. The Rapid Response Register is also designed to identify, register and provide succor to people who were not previously captured in the social register.