Oyogist has learned that President Muhammadu Buhari has signed in a new poverty committee, headed by Vice President Yemi Osinbajo.
The president said that the National Poverty Reduction with Growth Strategy committee had already proposed establishing a private equity fund, the Nigeria Investment and Growth Fund, to lead resource mobilisation drive and sustainably manage the resources.
He said;
“This journey began in January 2021 when I directed the chairman of the Presidential Economic Advisory Council and the Secretary to the Government of the Federation to collaboratively work together to articulate what will lift 100 million Nigerians out of poverty in 10 years.
“I am happy to note that the process of designing this inclusive poverty reduction strategy recognised and addressed past mistakes as well as laid the foundation for a sustainable poverty reduction.“This would be done through wide range consultations held at all levels of government, development partners, the private sector as well as the civil society,’’ he stated.
