Nigeria: We Have Moved 10m Nigerians Out of Poverty - Govt

Photo: This Day
Conflict, poverty is a curse.
19 September 2018

The federal government has claimed that it has moved 10,073 million Nigerians from poverty to prosperity.

The Minister of Budget and National Planning, Sen. Udoma Udo Udoma, made the claim yesterday while speaking on arrangements for the 24th Nigerian Economic Summit held at the conference room of the ministry in Abuja.

He said the achievement is one of the key priorities of the Economic Recovery and Growth Plan, ERGP, by investing in the people.

According to him, the government had provided 8.96million school children under the home grown School Feeding Programme; over 297,000 poor and vulnerable Nigerians supported with cash transfer of N5,000; successfully disbursed more than 308,000 loans of N50,000 under the Government Enterprise and Empowerment Programme (GEEP) and 200,000 young unemployed graduates empowered through the N-Power scheme , while over 308,000 had been selected for consideration for the second batch."

The chairman and CEO of NESG, Mr. Laoye Jaiyeola, in his opening remarks, explained that the summit scheduled to hold from October 22-23, 2018 in Abuja with the theme "Poverty to Prosperity: Making Governance & Institutions Work", would focus on using governance to lift Nigerians out of poverty.

He assured that the summit would continue to be rallying point for both public and private sectors to various economic challenges plaguing the country.

See What Everyone is Watching

More From: Vanguard

Don't Miss

AllAfrica publishes around 700 reports a day from more than 140 news organizations and over 500 other institutions and individuals, representing a diversity of positions on every topic. We publish news and views ranging from vigorous opponents of governments to government publications and spokespersons. Publishers named above each report are responsible for their own content, which AllAfrica does not have the legal right to edit or correct.

Articles and commentaries that identify allAfrica.com as the publisher are produced or commissioned by AllAfrica. To address comments or complaints, please Contact us.