Economy News

COVID-19 pandemic: FG Rolls Out N5,000 Stipends For One Million Nigerians

COVID-19 pandemic: FG Rolls Out N5,000 Stipends For One Million Nigerians
  • PublishedJune 9, 2021


The Federal Government has rolled out N5,000 Stipends for one Million Nigerians to benefit from impact of COVID-19 pandemic for the next six months.
It was gathered that a pilot scheme commenced earlier this year with 3,115 beneficiaries in Lagos and Abuja, saying the intervention will be up-scaled nationwide and beneficiaries will start receiving their stipends soon.
This was contained by the Minister of Humanitarian Affairs Disaster Management and Social Development Mrs. Sadiya Farouq, who stated this during a briefing to give update on the national social investment programmes (NSIP) of the government in Abuja.
The Minister added that a Rapid Response Register (RRR) has been put in place as a shock responsive intervention register specifically targeted at the urban informal workers affected by Covid-19 pandemic.
She also said plans to on-board the second batch of beneficiaries under the Government Enterprise and Empowerment Programme (GEEP) are nearing completion and will be made public soon.
According to her, “The Federal Ministry of Humanitarian Affairs, Disaster Management and Social Development remains committed to the continued implementation of the National Social Investment Programmes (NSIP), in line with Mr. President’s policy to unfailingly lift 100 million Nigerians out of poverty in 10 years, especially through innovative Youth Empowerment and Gainful Employment.”

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