This is How Much We Spent Fighting Poverty In Nigeria – FG

This is How Much We Spent Fighting Poverty In Nigeria – FG

by Victor Ndubuisi
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The Minister of Humanitarian Affairs, Disaster Management and Social Development, Sadiya Farouq, has said the Federal Government has spent over $5bn since 2016 to fight poverty in the most populous black nation.

Sadiya Farouq said President Buhari has since 2016 backed his pledge to pull out 100 million Nigerians out of poverty by committing $1bn through the National Social Investment Programme to reduce poverty and inequality.

She also described as factual the data referenced in the President’s Democracy Day address, which said 7.5million people had been pulled out of poverty.

World Bank: 7m Nigerians Cast Into Poverty

The National Coordinator of NSIP, Dr Umar Bindir, who represented the minister, stated this on Saturday in Yola at an event.

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“I am happy to report to you that every year since 2016, when NSIP was flagged off, Mr President has approved that $1bn be invested into that sector every year (which aggregated is over $5bn).

“This is part of the measures the President has taken to fulfill his promise of bringing 100 million Nigerians out of poverty,” she said. she said.

 

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