Connect with us

Poverty: We Have Spent 5 Billion Dollars To Eradicate Poverty In Nigeria- FG

Piroll

Published

on

Follow
NAIJA NEWS: Poverty: We Have Spent 5 Billion Dollars To Eradicate Poverty In Nigeria- FG [New Naija News] » Naijacrawl
Photo: Naijacrawl

Though Nigeria is now considered as the capital of poverty in the world after overtaking India as the country with the highest number of poor people.



However, 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 country.

The minister said this during the presentation of letters of engagement and electronic tablets to 248 monitors of the National Social Investment Programme (NSIP) in Adamawa State over the weekend.

Farouq revealed that President Buhari has since 2016 backed his pledge to pull out 100 million Nigerians out of poverty.

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

“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.

Click Here To Comment




Piroll
 

Piroll is a creative writer, social-political commentator, socio-researcher, and sports analyst. He holds certificates in media management and data journalism from the Thomas Foundation Institute of Journalism. He works as a... Read More

Continue Reading
Click to comment

Be first to comment


Leave a Reply

Your email address will not be published. Required fields are marked *

Naija News

BREAKING: BUHARI SAID THAT 1.3TRN HAVE BEEN SPENT ON EDUCATION IN FOUR YEARS

prince

Published

on

NEWS: BREAKING: BUHARI SAID THAT 1.3TRN HAVE BEEN SPENT ON EDUCATION IN FOUR YEARS [New Naija News] » Naijacrawl
Photo: Naijacrawl
We Have Spent N1.3trn On Education In Four Years, Says Buhari.President Muhammadu Buhari has said that his administration has so far invested around N1.3trn on the development of the education sector in the last four years. “Let me reiterate here that this administration places much premium on education at all levels, as it is the bedrock of society’s progress, and the way to overcome poverty.”
Continue Reading

Naija News

Mike Adenuga Reclaims Second-Richest Spot in Nigeria with $7.4 Billion Net Worth

Piroll

Published

on

NAIJA NEWS: Mike Adenuga Reclaims Second-Richest Spot in Nigeria with $7.4 Billion Net Worth [New Naija News] » Naijacrawl
Photo: Naijacrawl
Telecom billionaire and prominent Nigerian oil magnate, Mike Adenuga, has made a comeback as Nigeria's second-richest individual, boasting a net worth valuation of $7.4 billion. This resurgence in wealth can be attributed to Forbes' recent reassessment of the valuation of his brainchild, Globacom, which currently stands as the third-largest telecom service provider in Nigeria.Adenuga had briefly relinquished the second-richest position due to a significant dip in ne...
Continue Reading

Naija News

2023: USA To Spend Over 20 Billion on Nigeria Election

Piroll

Published

on

NAIJA NEWS: 2023: USA To Spend Over 20 Billion on Nigeria Election [New Naija News] » Naijacrawl
Photo: Naijacrawl
In the quest to have a credible and fair election in Nigeria, the United States of America has allocated $50million (N21.6bn) to support the training of journalists, INEC officials and civil society organizations for the credible conduct of Nigeria’s 2023 general elections.The US Consul-General in Lagos, Will Stevens, made this known at the opening of a two-day workshop on election reporting for political reporters, editors, video journalists and videographers on Tu...
Continue Reading

Latest


Download Naijacrawl App today

Fastest way to read on the go

Download the Naijacrawl App.