Tag: Poverty Reduction

FG unveils ₦16tr ‘Poverty Reduction Plan’ to tift 50m Nigerians out of poverty

Aminu Imam
FG unveils poverty reduction plan3

The Federal Government has announced a new plan to reduce poverty and help 50 million people by the year 2030. The plan, tagged: ‘One Humanitarian, One Poverty Response System (OHOPRS)’, is designed to bring all poverty reduction efforts into one coordinated system. To fund the programme, the Government aims to raise ₦16 trillion between 2026 and 2030, which is about ₦3.2 trillion each year.  The money will come from different sources: Federal Government: ₦1.5 trillion; Development partners: ₦800bn; Private sector: ₦600bn, and Climate and global funds: ₦300bn. The Government also…

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Poverty Reduction: FG, States spent N50bn out of N400bn approved – Sule

Aminu Imam

The Steering Committee on National Poverty Reduction with Growth Strategy, has said that out of the N400 billion approved by President Muhammadu Buhari for the committee to reduce poverty and enhance growth in the country about N50 billion has been spent. The co-chairman of the committee and governor of Nasarawa state, Abdullahi Sule, disclosed this on Wednesday, while speaking with State House correspondents after the meeting chaired by Vice-President Yemi Osinbajo at the Presidential Villa, Abuja. Recall that the Steering Committee on National Poverty Reduction with Growth Strategy, was inaugurated…

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