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*LIFTING 100M NIGERIANS OUT OF POVERTY: WHAT WE NEED IS A SIMPLE, COMMON SENSE APPROACH, SAYS OSINBAJO.*

_*VP chairs inaugural meeting of National Steering Committee on Poverty Reduction with Growth Strategy_

_*Governors, Ministers in attendance_

How the Buhari administration plans to lift 100 million Nigerians out of poverty in ten years will not be based on a business as usual approach, but a very simple, common sense strategy that will deliver the results as the President promised, according to Vice President Yemi Osinbajo, SAN.

Expressing the strong hope that this way, the Committee will be able to achieve rapid progress, Prof. Osinbajo said "in order not to make this merely, another of those high-sounding committees that eventually achieve nothing, we have to be very intentional about our objectives and how to achieve them.”

Prof. Osinbajo stated this in Abuja on Friday at the inaugural meeting of the National Poverty Reduction with Growth Strategy Steering Committee held at the Presidential Villa.

Addressing members of the committee, Prof. Osinbajo said government would adopt a different and more effective approach in actualizing the objective of eradicating poverty in the country for the sake of delivering results.

According to him, “I really want us to approach this as much as possible, commonsensically, so that we are able to resolve all the issues and focus on the real progress.

“I want us to look beyond all of what we are going to be doing, there is going to be a considerable amount of paper work, but a lot of common sense is what grows economies. It's what other countries have done, not really reinventing the wheel. So, I want us to focus on those commonsensical things, so that we can actually move forward.”

Citing the example of Bangladesh where a poverty reduction strategy was also implemented, the VP noted how the country's manufacturing sector was key.

“Bangladesh actually exports more garment than we export oil,” the VP said.

According to him, “countries that have managed to get out of poverty have created a lot of jobs through industries, and they have developed intentional strategies.

"We must look at what others have done, the smart things that other people have done, and adopt.”

He also spoke about agriculture. “We really have to think smartly about how we are funding agriculture," he said.

"I think we really need to take a deep dive because governments have made several efforts at poverty alleviation but generally speaking, they have not yielded the sort of results they should yield, and I think it’s because there is a lot of focus on documentation and paper work and very little commonsense approaches,” the VP added.

Prof. Osinbajo explained that National Poverty Reduction with Growth Strategy is meant to be a national strategy, not just a federal effort and it is aimed at taking 100 million people, nationally, out of poverty within a target time-frame of 10 years.

His words: “I just want to emphasize that it is a national strategy as opposed to a federal strategy which is why the steering committee is made up of federal as well as state officials.”

While also emphasizing the role of the private sector, the VP said “essentially, this effort must also be directed at how to facilitate private sector creation of jobs. The fact is that there is no way that the Federal Government or the State Governments can create the number of jobs that we need.

“We need to take a few broad looks at the features of what constitutes our present predicaments in terms of job losses and unemployment.”

Continuing, Prof. Osinbajo said efforts will be made to focus attention on creating opportunities for Nigerians to earn decent livelihoods in addition to equipping them with the necessary vocational skills.

At the meeting today, members in attendance included Governor Kayode Fayemi of Ekiti State, who is also Nigeria Governors Forum Chairman, Governor Babagana Zulum of Borno State and Governor Abdullahi Sule of Nasarawa State.

The Secretary to the Government of the Federation, Mr Boss Mustapha; Ministers of Agriculture, Muhammad Nanono; Industry, Trade and Investment, Niyi Adebayo, and Labour and Employment, Dr Chris Ngige also attended, while the Minister of State for Budget and National Planning, Prince Clem Agba joined the meeting virtually.

Later at the end of the inaugural meeting, and while fielding questions from journalists, Governor Sule of Nasarawa State said “the whole essence of the committee is for the government to be able to take 100 million Nigerians out of poverty in the next 10 years.”

He said that having reviewed the Terms of Reference (TOR), the Steering Committee is now constituting the technical working group and the National Social Protection Network and then resume its meeting after the Sallah break.

*Laolu Akande,*
*Senior Special Assistant to the President on Media & Publicity,*
*Office of the Vice President.*
9th July 2021

Spot on. This takes seriously smart and common sense approach such that live and livelihoods of people would be felt. And one can say that this goal has been in place since 2016 when NASS approved NSIP and other CBN, BOI interventions including the latest NESP that is being implemented and a plan that take Nigeria out of recession unexpectedly as reported by international new media.

Lifting 100m Nigerians out of poverty is very possible with determination and commitment. It might not look easy, but we will surely get there.

Maybe we are now on track to start getting things right. Maybe all the challenges we are facing now is just a phase that's about to pass.
Let's copy the good models available for us and apply that simple common sense that'll grow our economy.

Osinbajo and his oga wants to lift 100m Nigerians outta poverty with their bad economic policies, anti-people laws and borrow-borrow type of governance??



Truly, truly, Wonders has finally ended

Prof. Osinbajo said "in order not to make this merely, another of those high-sounding committees that eventually achieve nothing, we have to be very intentional about our objectives and how to achieve them.” I love this part so well

We should be expecting great change in our country

Someone divide 100miliion / 10 years

Every year, 10 million must be eradicated from poverty for a period of 10 years....

The president position is for 4years, if re elected 4 years = 8 years....

That means apc has to win election for a period of 12 years for this dream to come to reality. If another party called pdp with no plan comes to power, they can send those people back to poverty in just 1 term.

China is able to pull similar stunts because of one party system, is this dream possible in a democracy where different parties have different idealogies

The actualisation of lifting 100 million Nigerians out of poverty in ten years has started already and one of such is the ESP chaired by Osinbajo ,MSME clinics etc

Expecting great result as we saw in ESP committee

Poverty reduction started through NSIP, ESP and others. Its shows that we can achieve more of it with our dedicated leaders like VPOsinbajo.

This govt is doing exceedingly well when it comes to social intervention prog. Vice president Osinbajo is the only person the president trusts for effective and transparent implementation of the prog. We look forward to the full implementation.

Kudos

We need to support, encourage and improve local produce, government and bug private organisations need to take the lead on this. Because this is one of the surest approach to achieve the goal

This is achievable
With the VP in charge, Ivan only imagine it’s possibility.
God bless Nigeria.

You need to have capable hands in government ,unfortunately u are the only one.

We need to reduce our population growth ,Its appicable both to Christains and Muslims

Rrally

BeeBeeOoh:
Osinbajo and his oga wants to lift 100m Nigerians outta poverty with their bad economic policies, anti-people laws and borrow-borrow type of governance??



Truly, truly, Wonders has finally ended

If we go check now, you'll be one of those IPOB Pigs. Many of you guys think macro-economics is what you quickly achieve result on by just waving a magik wand, especially after a terrible pandemic like the Covid.
Calm down, it may not be enough for a bursting population but they are trying their best

thebosstrevor1:
Someone divide 100miliion / 10 years

Every year, 10 million must be eradicated from poverty for a period of 10 years....

The president position is for 4years, if re elected 4 years = 8 years....

That means apc has to win election for a period of 10 years for this dream to come to reality. If another party called pdp with no plan comes to power, they can send those people back to poverty in just 1 term.

China is able to pull similar stunts because of one party system, is this dream possible in a democracy

This exactly has been the problem of this country - no successive plan or progress. One party starts, another party enters & get back to square one out of sheer ego or populism. It even gets so bad with intra-party lack of continuity

demitola:


This exactly has been the problem of this country - no successive plan or progress. One party starts, another party enters & get back to square one out of sheer ego or populism. It even gets so bad with intra-party lack of continuity

As you rightly mentioned the lack of continuity will kill the dream if another party gets power. maybe apc plans to win every Nigerian election for the next 20 years maybe that is why they are confident in their plans

Is there any body that really believe this nonsense.
I mean real human with a brain.
This lifting been going on since 2015 .
I just don't get it .

Common sense approach adopted by the government that pushed the country to the summit of poverty index.

How exactly do you bring people out of poverty when schools and farms are shutting down? The VP is a jerk!

This man reminds me a lot about GEJ. He never realized how bad things were under him until few weeks to election and byghat time it was too late. I think what we have on ground is more of 100m people being pushed further into poverty.
Sharing money over the last 6 years has not improved the life of the poor masses. Their buying power has dwindled and that is what should matter to Osinbajo.

Joylove2324:
Lifting 100m Nigerians out of poverty is very possible with determination and commitment. It might not look easy, but we will surely get there.

All mouth, fix only one thing electricity, the rest will take care of itself, no industrialization without electricity, it is the fundamental element, since we Nigerians can’t fix our electricity issues, all this talk na talk as usual, good on paper, hard to implement, Obasanjo did operation feed the nation forty years ago, Nigeria is hungrier today.

limeta:
Is there any body that really believe this nonsense.
I mean real human with a brain.
This lifting been going on since 2015 .
I just don't get it .

At least you must also make an effort to try & lift yourself out of penury, instead of waiting there like an Almijiri because the FG has taken it upon themselves to be innovative, Which poverty elevation scheme has your state even implemented for you, Charity they say begins @home? Communist Party of China started there policy of eradicating poverty from The Local Governments, What is the name of your Local Government Chairman?

Economic growth remains the primary means of reducing poverty and improving the quality of life.

I'm sure the VP team will find a way around it.

All the money they keep borrowing ��how on Earth do they even intend to pay back ��.
How did we get here in the first place, running away from 3g trouble only to land into 5g pro max trouble ��.

Lifting 100milion people out of poverty is achievable with the right policy and programmes. This is a good one from the federal govt.

to deceive a black man just know how to speak English.
watin this one DA talk na English. for 6 years now we have been trying different strategy, dollar na 500, food DA go up, no job, no light. ppl no DA go farm.
just remove Buhari will be the best strategy at dis time

Hyperchi:
to deceive a black man just know how to speak English.
watin this one DA talk na English. for 6 years now we have been trying different strategy, dollar na 500, food DA go up, no job, no light. ppl no DA go farm.
just remove Buhari will be the best strategy at dis time

So Obama too device white people with English then. We should put thought process into what we spew often, it helps