₦airaland Forum

The Federal Government has allocated a total sum of N150bn to implement poverty alleviation programmes in 2024.

The amount is to be spent under the four pillars of macroeconomic stability, industrialisation, structural policies/institutional reforms and redistributive policies/programmes of government under the National Poverty Reduction and Growth Strategy.

Besides the N150bn allocation to the NPRGS, the Federal Government, in the N28.77trn budget signed by President Bola Tinubu on Monday, allocated the sum of N10.35bn to the Ministry of Humanitarian Affairs and Poverty Alleviation.

Already, 15 million households are beneficiaries of the government’s N25,000 monthly grants under the Conditional Cash Transfer Scheme.

The NPRGS was approved by the Federal Executive Council in 2021 during the administration of former President Muhammadu Buhari to address poverty, particularly in rural areas.

I won't accept excuses for poor performance, Tinubu tells officials
The programme is to run for 10 years (2021-2031), with an estimated implementation cost of $1.6tn at an annual average of about $161bn.

Shortly before handing over to the Bola Tinubu-led government, the Buhari administration claimed that a total of 1.8 million ‘vulnerable Nigerians’ benefited from the programme.

Last Thursday, while receiving members of the National Working Committee of the All Progressives Congress in Lagos, Tinubu pledged his commitment “to supporting a strong and ideologically-determined democracy that is progressive, inclusive, and focused on eliminating poverty while providing quality education for our children.”

Earlier on Wednesday while inaugurating the corporate headquarters of the Small and Medium Enterprises Development Agency of Nigeria in Abuja, Vice President Kashim Shettima said “This moment solidifies President Bola Tinubu’s assurance to protect our enterprises. It resonates deeply within our economic revitalisation plan. His focus on job creation, capital accessibility, economic growth, and poverty eradication forms the very skeleton of our strategy to invigorate the economy. Inevitably, this path demands tough decisions, yet ones essential to our success.”

Source: https://punchng.com/FG-earmarks-N150bn-for-poverty-alleviation

How much of it will get to those who actually needs it?

It is well...

adenigga:
Source: https://punchng.com/FG-earmarks-N150bn-for-poverty-alleviation

scam of d year.

Siphoned

Good one.

But the question, who's poverty are they alleviating?

Poverty alleviation, indeed!

We all know how the money will end!

87 billion will be looted

Welcome development

Useless people. Government of lies

PBAT has good track record of good governance and I believe he can achieve this, as believer of Nigeria 🇳🇬 🇳🇬 🇳🇬 🇳🇬.

I believe the president will fulfill this feat.











Please I have jerseys for club and country for sale, price ranges from 20k to 9k, location is kaduna but delivery is Nationwide 🔥 🔥 🙏

This Tinubu federal government is all about sharing money


To alleviate poverty you have to make a better policy and put up the infrastructures that we ensure the alleviation of poverty and promotion of success in all endeavors


I pity those who have been promised by their pastors that this year will be better.... Expect less

Again?

They claimed to have sent 25k to poor house holds, while in reality, nothing was shared.

Audio 150bn

I wish this can be used for training, purchasing of tools and devices AND NOT direct cash transfer or whatever they call it

Continue from where Buhari stopped.. This government will hold the record for the most corrupt the world has ever experienced in the history of mankind..

Just progressing us into the lowest level of poverty

Palliatives is not the way out of economic crisis

Hopefully, there will also be a reduction in pay packets and allowances of some of the elected and appointed officials too.

The low level of trust is glaring in some of the comments so far, would you blame them, not at all, the average citizens have experienced a lifetime of promise and fail that any projection from the government sound like nursery rhymes.

LOVEGINO:
scam of d year.

Confirmed........

👀👀👀Usual bullocks💯🚩
# renewed LOOTING ✅

I need to be schooled
U wl hear 150B fr poverty elevation for 200M ppl dat will tk the whole 4yrs b4 implementing wt overhyping
But 150B for House Feadin dat will be approved within 1week

Buhari is actually better than Tinubu

Nwaokunkpara:
This Tinubu federal government is all about sharing money


To alleviate poverty you have to make a better policy and put up the infrastructures that we ensure the alleviation of poverty and promotion of success in all endeavors


I pity those who have been promised by their pastors that this year will be better.... Expect less

Yeeee.......

95% of that amount will be stolen.

May we benefit from the positive side of the goodness of the program.

Aamin 🙏♥️

pls use this money to develop agriculture
at least 2 tractor per lg
Subside fertilizer, seedling and other agricultural inputs

Don't throw money at poverty, it has never solve the problem, rather it increase poverty and cause inflation in the economy

Learn from Buhari, where's the impact of all billions spent. It become a waste and partly the reason for the current inflation and naira devaluation

This is waste of resources

Nigerians are not lazy people , just give them a good business environment

Seriously this country has a long way to go if we continue like this

They create problems when there was none, even in the beginning.

Poverty that was not there for richly blessed land, like Nigeria.

You oppress the people by sweeping away their commonwealth, and trickle little peanuts back to their hands, so that they can all look up to you as a savior.

Is that not oppression? Is that not witchcraft?

Prepare yourselves for what is before you, Nigerians.