FG Approves N400bn for Poverty Reduction Schemes

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The Federal Government (FG), in furtherance of efforts to curb incidents of poverty in the country, has approved N400 billion under the National Poverty Reduction and Growth Strategy (NPRGS). Initiatives covered under this strategy include the Government Enterprise and Empowerment Programme, Conditional Cash Transfer, Farmer Money, and Market Money.
The approval for 2022 was made known by the Governor of Nasarawa State, Abdullahi Sule, who spoke with State House correspondents last week after a meeting of the National Steering Committee of the NPRGS at Aso Rock in Abuja, to review the implementation of what was approved in the budget.
The President, Major General Muhammadu Buhari (retd.), had in 2021, set up the NPRGS headed by the Vice President, Prof. Yemi Osinbajo.
From the budget this year, N350 billion will be for the Humanitarian Ministry for the expansion of the various programmes like Government Enterprise and Empowerment Programme, Conditional Cash Transfer, Farmer Money, and Market Money among others.
Governor Sule noted that another N50 billion will be reserved for various other programmes such as the Ministry of Agriculture for rural roads and renewable energy like solar.