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