President Buhari Approves N400Billion for Poverty Reduction Schemes in Nigeria

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A total sum of N400 billion has been approved by the Federal Government of Nigeria under the National Poverty Reduction and Growth Strategy (NPRGS).

This development was disclosed in a statement by the Nasarawa State Governor, Abdullahi Sule on Thursday, following a meeting with National Steering Committee of the NPRGS which held in Abuja.

According to him, the approved amount covers relevant welfare schemes, including the Government Enterprise and Empowerment Programme, Conditional Cash Transfer, Farmer Money, and Market Money.

“It is a meeting of the steering committee of the Presidential Poverty and Growth Strategy.

“Based on the president’s approval and availability in the budget, this meeting that we had was actually just to go through the implementation of whatever has been approved, both in the budget and by the president.

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“Looking at what is available in the budget this year, which is roughly N400 billion, the Humanitarian Ministry is going to take N350 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,” Governor Sule explained.

The NPRGS was set up in 2021 by President Muhammadu Buhari, and headed by the Vice President, Prof. Yemi Osinbajo.


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