NSIP: FG Spent $5Billion Fighting Poverty in Five Years – Minister
The Minister of Humanitarian Affairs, Disaster Management and Social Development, Sadiya Umar Farouq, has revealed that the Federal Government has spent over $5bn since 2016 fighting poverty in the country.
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This was disclosed in a statement by the National Coordinator of NSIP, Dr Umar Bindir who stood for the Minister on Saturday in Yola, during the presentation of letters of engagement and electronic tablets to 248 monitors of the NSIP programme in Adamawa.
According to her, she noted that President Muhammadu Buhari, since 2016, has backed his pledge to pull out 100 million Nigerians out of poverty by committing $1bn through the National Social Investment Programme to reduce poverty and inequality.
She also described as factual the data referenced in the President’s Democracy Day address, which said that 7.5million people had been pulled out of poverty.
I am happy to report to you that every year since 2016, when NSIP was flagged off, Mr President has approved that $1bn be invested into that sector every year (which aggregated is over $5bn)
The National Social Investment Programme encompasses the N-Power, Government Enterprise and Empowerment Programme GEEP, Conditional Cash Transfer CCT and the National Home Grown School Feeding Programme NHGSFP which were designed by the Federal Government to alleviate poverty in Nigeria.
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Farouk during the flag-off of the Tablets and engagement Letters distribution to the 4,452 Independent Monitors, in Abuja, described that the Tablets offered to the Independent Monitors are equipped with a Social Investment Management Information System (SIMIS) Application which would enable the Ministry view reports submitted by the Independent Monitors, see the NSIP performance indicators by state and detect areas of challenges.
NSIP: FG Spent $5Billion Fighting Poverty in Five Years – Minister