Buhari regime approves N400 billion for TraderMoni, other poverty alleviation schemes
An approval for the disbursement of N400 billion under the National Poverty Reduction and Growth Strategy (NPRGS) for various poverty reductions schemes such as TraderMoni has been granted.
A member of the NPRGS, Governor Abdullahi Sule of Nasarawa, disclosed this to State House correspondents after a meeting of the National Steering Committee of NPRGS on Thursday at the Presidential Villa, Abuja.
President Muhammadu Buhari, had in 2021, inaugurated NPRGS to be chaired by Vice President Yemi Osinbajo.
Mr Sule said the meeting was to review the implementation of what was approved in the budget.
“It is a meeting of the steering committee of the Presidential Poverty and Growth Strategy.
“The last meeting we had, the fourth meeting, we were able to set up various working groups that were going to prepare the total budget that was required.
“So, they were able to do that and then we were also able to obtain the president’s approval.
“Based on the president’s approval and availability in the budget, this meeting that we had was actually just to go through the implementation of whatever has been approved, both in the budget and by the president.”
He said that the first highlight of the meeting was to commend the technical groups that had been able to put together their budget request.
The governor listed some of the programmes through which the Federal Government was implementing the NPRGS.
“Looking at what is available in the budget this year, which is roughly N400 billion, the Humanitarian Ministry is going to take N350 billion for the expansion of the various programmes like Government Enterprise and Empowerment Programme(GEEP), Conditional Cash Transfer, Farmer Money, Market Money and the rest of that.
“There is also another N50 billion that is going to be reserved for the various other programmes like in the Ministry of Agriculture for rural roads, electricity in terms of solar.
“Those are the various areas that we discussed,” he said.
President Muhammadu Buhari on June 22, 2021 inaugurated the committee tasked with driving the target of lifting 100 million Nigerians out of poverty in 10 years.
(NAN)
We have recently deactivated our website's comment provider in favour of other channels of distribution and commentary. We encourage you to join the conversation on our stories via our Facebook, Twitter and other social media pages.
More from Peoples Gazette
Agriculture
FG tasks ECOWAS on leveraging financing strategies for agroecology
The federal government has urged stakeholders in the agriculture and finance sectors in the West Africa region to leverage financing strategies to enhance agroecology practices
Politics
Katsina youths pledge to deliver over 2 million votes to Atiku
“Katsina State is Atiku’s political base because it is his second home.”
Rights
Strike continues until Gov Aiyedatiwa meets our demands: AAUA-ASUU
ASUU branch of the Adekunle Ajasin University, Akungba-Akoko branch, says it will continue its ongoing indefinite strike until the Ondo government meets its demands.
States
Driver sentenced to years in prison for stealing tiles
The Kaduna Magistrates’ Court on Wednesday sentenced a driver, Edward Isaac, to two years’ imprisonment for stealing cartons of floor tiles worth N880,000.
Politics
Ashiru needs lesson in education funding: Kaduna Govt
For three consecutive years, Governor Uba Sani has committed about one-quarter of Kaduna State’s annual budget to education.
Lagos
Police arrest self-proclaimed Olu of Ikeja in Lagos
The police command in Lagos has detained a man for parading himself as the Olu of Ikeja and impersonating a traditional ruler without lawful authority.
Anti-Corruption
Prolific Chinese money launderer sentenced to years in U.S. prison
Mr Lu also served as a manager for the CMLO. He coordinated directly with U.S.-based drug traffickers and dispatched other couriers to pick up and deposit bulk cash.
Economy
UAE suspends trade, financial transactions with Iran
The UAE has halted all trade, commercial exchange and financial transactions with Iran after the latter attacked several UAE-owned tankers and rejected new talks with the U.S.
