FG assesses progress on social investment policies
In a bid to accelerate Nigeria’s poverty reduction efforts in line with the Renewed Hope Agenda, the Federal Government says it is assessing progress to ensure effective implementation of social investment policies
This is according to a statement by the Director Press and Public Relations, Federal Ministry of Finance and Economic Planning, Mr Mohammed Manga in Abuja on Monday.
Manga said that the Minister of Finance and Coordinating Minister of the Economy, Mr Wale Edun, presided over a meeting of the Presidential Panel on the Social Investment Program (SIP) on Monday.
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Meanwhile, Edun underscored the importance of transparency and accountability in the implementation of social investment policies.
He said that there was the need for platforms that allow citizens to monitor and verify the progress of these interventions, ensuring that they effectively reached those in need.
Edun said that the Nigeria’s social investment landscape was poised for significant enhancement.
He said that the government’s efforts was to ensure that social investment programmes, such as the Direct Benefit Transfer and Youth Employment Benefits scheme were optimised to reach the most vulnerable citizens.
According to him, through transparency, accountability, and citizen engagement, the country is set to make strides in poverty alleviation and economic empowerment.
Earlier, the committee provided updates on the progress of the Direct Benefit Transfer (DBT) programme, and introduce newly-appointed members of the NSIP.
The committee also presented a new draft for the Youth Employment Benefits scheme aimed at addressing youth unemployment through targeted interventions.