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Home News

₦400bn Approved For Poverty Reduction Schemes – FG

by Dio Dorcas
4 weeks ago
in News, Nigerian News, Top Stories
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The Federal Government has approved ₦400 billion as part of the National Poverty Reduction and Growth Strategy.

FG
President Muhammadu Buhari

This includes the Government Enterprise and Empowerment Programme, Conditional Cash Transfer, Farmer Money, and Market Money, among other welfare programmes. Abdullahi Sule, the Governor of Nasarawa State, announced the approval for 2022.

Governor Sule spoke with State House correspondents on Thursday, following a meeting of the NPRGS’s National Steering Committee at Aso Rock in Abuja to review budget implementation.

It was established in 2021 by the President, Major General Muhammadu Buhari (ret. ), under the leadership of the Vice President, Prof. Yemi Osinbajo.

READ ALSO: Gov. Diri lauds Bayelsa senator for poverty alleviation scheme

“It is a meeting of the steering committee of the Presidential Poverty and Growth Strategy. In the last meeting we had, the fourth meeting, we were able to set up various working groups that are going to prepare the total budget that was required.

So, they were able to do that and then we were able to obtain also the president’s approval. Based on the president’s approval and availability in the budget, this meeting that we had was just to go through the implementation of whatever has been approved, both in the budget and by the president,” he said.

“Looking at what is available in the budget this year, which is roughly ₦400 billion, the Humanitarian Ministry is going to take ₦350 billion for the expansion of the various programmes like Government Enterprise and Empowerment Programme, Conditional Cash Transfer, Farmer Money, Market Money and the rest of that”, he added.

Governor Sule also stated that another ₦50 billion would be set aside for various other programmes such as the Ministry of Agriculture for rural roads and renewable energy such as solar.

Tags: FGPoverty reduction
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