“We Have Moved 10m Nigerians Out Of Poverty” – Federal Government Claims - FOW 24 NEWS

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“We Have Moved 10m Nigerians Out Of Poverty” – Federal Government Claims


The Federal government, through the pastor of Budget and National Planning, Sen. Udoma Udo Udoma, has said it has moved 10.073million Nigerians from neediness to success.
 

He made the case on Tuesday while talking on plans for the 24th Nigerian Economic Summit (NES#24) held at the gathering room of the service in Abuja. 

He expressed that the FG had found a way to move more than 10 million Nigerians from neediness to flourishing as one of the key needs of the Economic Recovery and Growth Plan (ERGP) by putting resources into the general population. 

As per him, the administration had accommodated 8.96million school kids under the Home Grown School Feeding Program; more than 297,000 poor and helpless Nigerians upheld with money exchange of N5,000. 

It has additionally effectively dispensed in excess of 308,000 credits of N50,000 or more under the Government Enterprise and Empowerment Program (GEEP) and 200,000 Young Unemployed Graduates Empowered through the N-Power plot, while more than 308,000 had been chosen for thought for the second group.

“We have taken steps towards moving our people from Poverty to prosperity. Indeed, one of the key priorities of the ERGP is investing in our people. That objective has been behind many government programmes, particularly the social investment programme.

Under this programme, we have empowered millions of Nigerian youths, women and children. To combat hunger and achieve food security, we have raised capital provisions for agriculture from N8.8billion in 2015 to N149.2billion in the 2018 budget.

Over N82billion has been disbursed as credit to more than 350,000 farmers under the Anchor Borrowers’ programme. 14 moribund fertilizer blending plants have been revitalized through the Presidential Fertilizer Initiative (PFI), with a total capacity of 2.3million metric tons of NPK fertilizer.

Nigeria’s milled rice production has increased by about 60% and since 2016 eight new rice mills have been brought into production,’’ he added.
“We Have Moved 10m Nigerians Out Of Poverty” – Federal Government Claims Reviewed by FOW 24 News on September 19, 2018 Rating: 5 The Federal government, through the pastor of Budget and National Planning, Sen. Udoma Udo Udoma, has said it has moved 10.073million Nig...

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