FG approves #400 billion for projects to combat poverty
The National Poverty Reduction and Growth Strategy has received approval from the Federal Government for a budget of N400 billion.
The Government Enterprise and Empowerment Programme, Conditional Cash Transfer, Farmer Money, and Market Money are just a few examples of the welfare programs covered under this.
Abdullahi Sule, the governor of Nasarawa State, announced the permission for 2022.
Following a meeting of the National Steering Committee of the NPRGS at Aso Rock in Abuja on Thursday, Governor Sule spoke with State House reporters to discuss the budget's implementation.
The NPRGS was established in 2021 by President Major General Muhammadu Buhari (retired), and it is led by Vice President Prof. Yemi Osinbajo.
"This is a meeting of the Presidential Poverty and Growth Strategy steering committee.
"At the fourth and last meeting we had, we were able to form numerous working groups that will create the necessary overall budget.
"So, they were successful in doing that, and we also succeeded in getting the president's consent.
He explained, "This meeting was essentially just to go through the implementation of whatever has been allowed, both in the budget and by the president. It was based on the president's approval and availability in the budget.
"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," he continued. "Looking at what is available in the budget this year, which is roughly N400 billion.
Governor Sule stated that an additional N50 billion should be set aside for a number of other initiatives, including the Ministry of Agriculture's plans for rural roads and solar energy.