Ten million Nigerians have stepped out of poverty – FG Boasts


According to the Minister of Budget and National Planning, Senator Udoma Udo Udoma, the Buhari-led government has moved 10 million Nigerians out of poverty.
Udoma stated this today, while speaking on arrangements for the 24th Nigerian Economic Summit (NES#24) which held at the conference room of the ministry in Abuja.
He said millions of Nigerian youths, women and children have been empowered. And that capital provisions for agriculture have been raised to eliminate hunger and increase food security.
‘‘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 said.

Comments

Popular stories

A bride made her brother take her place in her own wedding photos for an epic prank on her husband — and the pictures are going viral

Woman gives birth in restaurant restroom; baby offered free food for life and a guaranteed job when she's 16

''Nigerian police will never do this in Nigeria'' ACP Abayomi Shogunle reacts to trending video of Ghanaian policeman beating a nursing mother

Rapper Offset arrested for Gun and Drug Possession in Georgia (see mugshot)

Eat, Network & Party at Abuja’s Biggest BBQ Party #SUMMERBBQFEST 2018 | Sunday, July 22nd

''Mikel Obi hasn't called or spoken to me in 5 years'' - His 74year old father reveals

ACP Yomi Shogunle says Nigerian Police don’t Beat Nursing Mothers & Nigerians Provide Receipts to the Contrary

Best of Nigeria Investment Expo to be held at Excel, London on 3rd & 4th Oct 2018

19-year-old man stabs 18-year-old girlfriend to death in Edo

Ghanaian Advocate & Social Entrepreneur, Emmanuel Nyame Launches new Book “Rise Above”