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FG has spent $5bn fighting poverty in the last five years

Sadiya Farouq, the Minister of Humanitarian Affairs, Disaster Managament and Social Development has disclosed that the Federal Government expended over $5bn since 2016 to fight poverty in the country.

This was disclosed by the minister during the presentation of letters of engagement and electronic tablets to 248 monitors of the National Social Investment Programme NSIP programme in Adamawa state over the weekend.

The Minister who was represented at the event by the National Coordinator of NSIP, Dr Umar Bindir, said President Buhari has since 2016 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 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).” she said

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June 2021
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