At a meeting with Unicef executives Christian Munduate and Eduardo Celades in Abuja, Minister of Humanitarian Affairs and Poverty Alleviation Betta Edu stated that President Bola Tinubu’s administration wants to help 133 million citizens escape poverty.
Edu didn’t give a deadline for accomplishing the goal.
According to Unicef, the organization will support the creation of a center for humanitarian emergency operations that will aid in monitoring, mitigating, and preventing emergencies as well as helping the ministry train its staff.
Because “time is of the essence,” according to Edu, the government will focus on the 71 million “extremely poor Nigerians” who make less than $1.95 per day.
To implement social programs that will lighten the burdens of the poor, she said, “we must move at the speed of light.”
The biggest economy in Africa is struggling with record debt, high unemployment, and insecurity, all of which have slowed its years-long anemic growth.
The World Bank stated in a report published last year that Nigeria’s efforts to reduce poverty are being hampered by slow growth, low human capital, flaws in the labor market, and exposure to shocks.