Nigerian Government Unveils Ambitious Effort To Combat Poverty

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In an announcement on Thursday, the Nigerian government has revealed its ambitious plan to create the Presidential Humanitarian and Poverty Alleviation Trust Fund. Dr. Betta Edu, the Minister of Humanitarian Affairs and Poverty Alleviation, introduced this significant initiative during a press briefing in Abuja.

At the heart of this initiative is the aim to uplift more than 133 million Nigerians from poverty and confront the various humanitarian crises afflicting the nation. Dr. Edu, speaking alongside Jeremie Zoungrana, the Country Director of the Bill and Melinda Gates Foundation, highlighted the pivotal role of this trust fund in achieving these objectives.

The Minister extended a warm invitation to the Bill and Melinda Gates Foundation, seeking their technical expertise and financial support to bolster this ambitious endeavor. She emphasized the urgency of the situation, revealing that over 16 million Nigerians currently grapple with humanitarian crises, spanning from conflicts to natural disasters.

Drawing attention to recent floods and potential cross-border consequences, Dr. Edu shed light on the challenges posed by the influx of refugees from neighboring countries, notably Cameroon. She also addressed the intricate crises affecting regions like Cross River, Taraba, and Benue, as well as the plight of Nigerians who find themselves refugees within their own nation.

Highlighting the gravity of the issue, Dr. Edu cited data from the Bureau of Statistics, indicating that approximately 133 million Nigerians endure multidimensional poverty, with roughly 70 million living in extreme poverty, surviving on less than $1.95 per day. She reaffirmed the government’s commitment to the Sustainable Development Goals (SDGs), especially the target of eradicating poverty by 2030.

To realize these lofty goals, the Minister outlined the Ministry’s prerequisites, which include substantial technical support for effective strategy formulation and financial backing for poverty-alleviation programs. She introduced the concept of the Presidential Humanitarian and Poverty Alleviation Trust Fund as a mechanism to streamline resources and expedite progress without bureaucratic impediments.

Concluding her address, Dr. Edu emphasized the government’s resolute dedication to mobilizing comprehensive resources to tackle both humanitarian crises and poverty-alleviation initiatives. Her guests, which included representatives from the Bill and Melinda Gates Foundation, pledged their unwavering support for the Ministry’s mission; underscoring the imperative of collaborative efforts in addressing Nigeria’s pressing challenges.

 

 

 

 

 

 

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