According to a statement by the communications officer of the State Operations Coordinating Unit (SOCU) in the Bauchi State Ministry of Budget and Economic Planning, Mallam Yakubu Mudi, however disclosed That a 2.3 trillion naira stimulus package by the federal government to mitigate the effects of recession and economic impact of the Covid-19 pandemic in the country kicks-off tomorrow, Monday May 24, in phases across the country.
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An initiative being overseen by the Ministry of Humanitarian Affairs, Disaster Management and Social Development, in partnership with the World Bank is tagged: “Covid-19 Rapid Response Register (RRR)’.
With the phased approach beginning tomorrow, two states each per geopolitical zone would first rollout the registration, with Bauchi and Adamawa States from North East Zone commencing from May 24 to 31, of which Bauchi is already touting no fewer than 828 communities to benefit from the package.
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A Few months ago, the humanitarian affairs Ministry launched the National Social Investment Program of Nigeria (NASIMS) portal, a social welfare initiative created by the Federal government of Nigeria in 2015 under the direction of the National Social Investment Office. The Program was created to ensure a more equitable distribution of resources to vulnerable populations, including children, youth, and women. Under President Muhammadu Buhari the office has created four programs to address poverty and help increase economic development.