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FG Earmarks $7 Billion For Poverty Reduction - Politics - Nairaland

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FG Earmarks $7 Billion For Poverty Reduction by ogododo: 7:52am On Oct 26, 2022
The Federal Government says it has earmarked about $7 billion within the last seven years in its efforts to pull 100 million Nigerians out of poverty through its National Social Investment Programme in the country.

The Minister of Humanitarian Affairs, Disaster Management and Social Development, Sadiyya Farouq, stated this in a keynote address during the flag-off of the N-Skills, Pilot 2, which held on Tuesday at the Professor Iya Abubakar Resource Center, Bauchi.

She said that the President, Major General Muhammadu Buhari (retd.), since assuming office in 2015, had given great priority to addressing the plights of the poor and vulnerable people across the country.

According to her, the N-Ship had become one of the largest social protection programmes in the African continent with $1 billion budgeted annually.

“Since the inception of President Muhammadu Buhari’s administration in 2015, the Federal Government has paid more attention to promoting the plight of the poor and vulnerable in the country despite the economic slump the administration inherited.

“This informed the decision to initiate the National Social Investment Programme (NSIP) as a strategy for enhancing social inclusion. NSIP is one of the largest social protection programmes in Africa with about $1billion earmarked annually to cause positive change in the lives of the poorest and most vulnerable in the country.


“Since its introduction in 2016, the programme has impacted positively on the lives of the poor and vulnerable in Nigeria. I have personally witnessed the life-changing experiences of people who lived below the poverty line and those that are vulnerable to shocks,” she said.

Farouq said that in furtherance to Buhari’s approval for the restructuring of NSIP, and in line with the National Poverty Reduction with Growth Strategy, the Ministry instituted processes to revamp and expand the NSIP and to make it more impactful on the economy and citizens.

She noted that this led to the introduction of the N-Skills programme, which was based on a certification system and accreditation of training provided through the informal Apprenticeship System anchored by Master Craft Persons, and through the formal training system using the Community Skills Development Centres.

According to her, the programme targeted the marginalised and disadvantaged population, including those with primary education as well as those not in any Education, Employment or Training.

She stressed that it aimed to improve the quality and relevance of skills delivered using a nationally standardised certification system on one hand, and to ease the transition of target beneficiaries to full-time skilled employment or self-employment, on the other hand, to help in bridging the gap in demand for standard and market-relevant skills.
https://punchng.com/fg-earmarks-7bn-for-poverty-reduction/

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Re: FG Earmarks $7 Billion For Poverty Reduction by Nosayer: 8:03am On Oct 26, 2022
Has the 7 billon dollars wasted or have more Nigerians become rich?

Two things are involved: either $7 billion is wasted or Nigerians have become richer.

If the latter is untrue, then Buhari and his gangs of r*gues mismanaged $7 billion. If it is true, then $7 billion has changed the life of Nigerians.

29 Likes 1 Share

Re: FG Earmarks $7 Billion For Poverty Reduction by tijiani: 8:04am On Oct 26, 2022
In the end some politicians will grow fat tummy in the name of poverty deduction campaign

14 Likes

Re: FG Earmarks $7 Billion For Poverty Reduction by Nobody: 8:06am On Oct 26, 2022
This criminal programs by minister of disaster, Mhen people commit terrible crimes under APC.
Even military regime no worse like this

Atiku is coming

1 Like

Re: FG Earmarks $7 Billion For Poverty Reduction by kingharzy: 8:13am On Oct 26, 2022
It seems subsidy and poverty alleviation are the most expensive 'progress' nowadays
Earmark! Earmark!! Earmark!!! and then we barely get to see commissioning of relevant human capital projects.


You earmark 7 Billion today, tomorrow you issue an executive order that burns 7 Billion.....

11 Likes

Re: FG Earmarks $7 Billion For Poverty Reduction by Ecos(m): 8:26am On Oct 26, 2022
grin

1 Like

Re: FG Earmarks $7 Billion For Poverty Reduction by Obidient4life3: 8:26am On Oct 26, 2022
Sincerely speaking I am no longer sure I support Obi's idea of not closing shop to chase thieves! These particular set of thieves has emptied the shop! We must recover recover majority of what was stolen!

13 Likes 1 Share

Re: FG Earmarks $7 Billion For Poverty Reduction by fasho01(m): 8:26am On Oct 26, 2022
Another lamba to embezzle

1 Like

Re: FG Earmarks $7 Billion For Poverty Reduction by Temptee101(m): 8:26am On Oct 26, 2022
Another one

If you like don't vote wisely.
If you like don't vote for Peter Obi, who has proven himself to detest corruption so much and very prudent with public funds.

If you like vote based on tribal, ethnic and religious lines and not on competence, capacity, commitment, character and trust.

Despite being a former governor, former chairman of SEC and former chairman of a bank and former chairman of several other multi-billion dollar companies yet not one naira was found missing under his watch or was one naira allocated to him in the name of sitting allowance.

If you people like continue voting for proven criminals like Atiku and Tinubu. You all will still suffer for your stupid actions

10 Likes

Re: FG Earmarks $7 Billion For Poverty Reduction by Ololademrmoney2(m): 8:27am On Oct 26, 2022
It's all about the politicians themselves.
Re: FG Earmarks $7 Billion For Poverty Reduction by zincnike(m): 8:27am On Oct 26, 2022
Truly ehh dis country is a mess
Re: FG Earmarks $7 Billion For Poverty Reduction by jasminer: 8:27am On Oct 26, 2022
Who did we offend Nitori Olorun?

We all know this money will be squandered with tall stories to show for it. A poor country battling with inflation and forex scarcity, where the banks don't have $1 for app subscriptions, where salaries haven't been paid and we can't import food with forex, they want to share $7B which is roughly 4-5trillion naira (30%) of our budget depending on the exchange rate used for no tangible reason.

Abi na election money be this angry sad

4 Likes

Re: FG Earmarks $7 Billion For Poverty Reduction by Gaddafiyusf(m): 8:27am On Oct 26, 2022
Audio money.
Re: FG Earmarks $7 Billion For Poverty Reduction by blesdman(m): 8:27am On Oct 26, 2022
Buhari and his goons are out to finish this country before 2023

1 Like

Re: FG Earmarks $7 Billion For Poverty Reduction by lloydtruth: 8:27am On Oct 26, 2022
They want to steal again.

3 Likes

Re: FG Earmarks $7 Billion For Poverty Reduction by FuckDModz: 8:27am On Oct 26, 2022
grin

7 billion for the north and Ekiti.

1 Like

Re: FG Earmarks $7 Billion For Poverty Reduction by CalabarPikin: 8:28am On Oct 26, 2022
Sadiyya Farouq

I wonder the style this woman give Bubu
Cashing out big time without questions
Just bursting our brains with unreal figures
Re: FG Earmarks $7 Billion For Poverty Reduction by dammywapes(m): 8:29am On Oct 26, 2022
Awon agbagba ojelu on another means to steal again

1 Like

Re: FG Earmarks $7 Billion For Poverty Reduction by SmartPolician: 8:29am On Oct 26, 2022
Every day, these people keep looking for avenue to steal from a poor country like Nigeria cry

1 Like

Re: FG Earmarks $7 Billion For Poverty Reduction by IKBARUTEN11(m): 8:30am On Oct 26, 2022
From this, Keyamo has pocketed 52billion naira
Re: FG Earmarks $7 Billion For Poverty Reduction by oluseyiforjesus(m): 8:32am On Oct 26, 2022
D poor will only see it in news na dem go still benefit
Re: FG Earmarks $7 Billion For Poverty Reduction by bonechamberlain(m): 8:33am On Oct 26, 2022
Build industries that would generate jobs for Nigerians not sharing 20k, 30k monthly. angry

4 Likes

Re: FG Earmarks $7 Billion For Poverty Reduction by Iliveforever(m): 8:34am On Oct 26, 2022
This minister is the worst of them all and painful thing is that she’s a woman.

Another free money for them to steal as usual.

The former minister of petroleum, Madueke will look like a saint when this woman’s file is opened las las.

5 Likes

Re: FG Earmarks $7 Billion For Poverty Reduction by Nobody: 8:34am On Oct 26, 2022
Just send $1m to this account 0048445268 and you would have successfully killed poverty in someone's life forever and you can boast of having reduced poverty in the country.

4 Likes

Re: FG Earmarks $7 Billion For Poverty Reduction by Fanovel(m): 8:34am On Oct 26, 2022
Ok
Re: FG Earmarks $7 Billion For Poverty Reduction by nedekid: 8:34am On Oct 26, 2022
Abacha time was childs play compared to what is going on now. Lol, you hear am? $7b has been spent on poverty reduction. Wonderful!!
Well, me as an apc carrying member, I received $10m inside. Just get to any bank and show them you apc card, voila! Collect your hot cash! grin

1 Like

Re: FG Earmarks $7 Billion For Poverty Reduction by illuminutty: 8:37am On Oct 26, 2022
All Progressives Conmen been scamming Nigeria since 2015. Abacha's loot is a child's play compared to what the All Progressives Criminals are doing to the national treasury.

Vote Peter Obi to save Nigeria and secure her future.

1 Like

Re: FG Earmarks $7 Billion For Poverty Reduction by jaxxy(m): 8:38am On Oct 26, 2022
only an enabling environment can eradicate poverty not giving handouts.
Re: FG Earmarks $7 Billion For Poverty Reduction by horlabiyi(m): 8:38am On Oct 26, 2022
Terrible policy making by terrible people in power. May Nigeria/Nigerian never see such mistake like Buhari/APC in this country anymore.
Re: FG Earmarks $7 Billion For Poverty Reduction by Kagd10: 8:39am On Oct 26, 2022
All these money. I hope it's accounted for
Re: FG Earmarks $7 Billion For Poverty Reduction by Temptee101(m): 8:39am On Oct 26, 2022
Thinkam:
This criminal programs by minister of disaster, Mhen people commit terrible crimes under APC.
Even military regime no worse like this

Atiku is coming

Atiku is a criminal and not better than tinubu or Buhari.

Several corruption charges hanging on his neck.
How did Atiku make his money?

Atiku is an ethnic bigot.

Atiku is never destined to rule Nigeria. He will continue to play second fiddle all his life

1 Like

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