The Federal Government on Wednesday, unveiled its plan to disburse N5, 000 to one million nigerians for the next six months as rapid response intervention to cushion effect of covid-19 pandemic.
Minister of Humanitarian affairs, Disaster management and Social Development, Sadiya Umar Faruk let this out while flagging-off the disbursement of N20,000 cash grants to 6,800 rural women under the programme (Grants for Rural Women Project) in Katsina State.
Faruk said the intervention is under the National Social Safety Net programme and it will target nigerians mostly urban poor, artisans and people who lost their businesses as a result of covid-19 as support by the Federal Government under President Muhammadu Buhari.
The Minister also said, since the inception of the Conditional Cash Transfer, Katsina state has benefitted over N9 billion Naira from the federal government intervention programme aimed at alleviating them from poverty.
Her words: “The Federal Government in partnership with World Bank have designed and developed a safety net programme for nigerians under the platform, National Social Safety Net. And this include Cash Transfer and Covid-19 rapid response register for Covid-19.
“Mr. President has graciously approved one million beneficiaries to receive another N5,000 for the next six months to cushion the effect of covid-19.
“This time around, we are going to Target the urban poor, artisans and people who lost their businesses as a result of the Covid-19 pandemic,” she stated.
The Minister said, “Katsina State has received the sum of over N9 billion intervention under the Federal Government’s intervention of Conditional Cash Transfer since inception.
“The grants had impacted positively on the lives of over 142,474 vulnerable households in the state.
“About 12 local governments are currently benefiting from the intervention. The LGAs include, Bakori, Bindawa, Kaita, Batagarawa, Baure, Mani, Rimi, Danmusa, Ingawa, Musawa, Dandume and Kankara.”
On the Grant for Rural Women Programme, the Minister said, “A total of 125,000 women are to benefit from the N20,000 Cash Grant for Rural Women Project across the 36 states.
“It is designed to provide a one off grant of N20,000 to some of the women in rural and peri-urban areas of the country (across 36 states and FCT).
“Our target in Katsina State is to disburse the grant to over 6,800 beneficiaries across the state. The grant is expected to increase income and productive assets of target beneficiaries.
“N20,000, will go a long way in supporting any serious woman to start a business. We know that people can even start a business with One Thousand Naira. What is most important is how you judiciously utilize the money. By next year, you should be out of poverty if the money is judiciously put to use,” She stated.