Categories: NewsOthers

FG Spends N400bn Annually On Social Investments — SGF

The Federal Government is spending over N400bn annually on social investment programmes in its bid to lift millions of Nigerians out of poverty, the Secretary to the Government of the Federation, Boss Mustapha, has said.

He disclosed this in Abuja on Tuesday during the official inauguration of the Government Enterprise Empowerment Programme 2.0 by the Federal Ministry of Humanitarian Affairs, Disaster Management and Social Development.

“This administration commits over N400bn annually on all National Social Investment Programmes of government aimed at empowering our people and lifting millions out of poverty,” Mustapha stated.

He stated that the aim of the programme was to address the credit and financial inclusion challenges of over 37 million Nigerians involved in active commercial activities but lacked the opportunity to access loans to support their businesses.

Recent Posts

Police Deny Lawyers Access To Journalist Allegedly Detained On IGP’s Order

A lawyer, Ridwan Oke, has accused men of the Lagos State Criminal Investigation Department, Panti,…

29 mins ago

UNIOSUN Teaching Hospital Cries Out Over Congested Mortuary, Gives 14-Day Ultimatum For Unclaimed Corpses

The management of Osun State University Teaching Hospital, Osogbo, Osun State, has cried out over…

2 hours ago

TCN Unbundled As NERC Establishes New Operator For System Operation

The Nigerian Electricity Regulatory Commission has decentralised the Transmission Company of Nigeria (TCN) by establishing…

5 hours ago

Osun Govt Bows To Court Order, Suspends Oyelakin’s Installation As Aree of Iree

Insists Oyelakin Still Aree The Osun State Government has postponed the formal presentation of the…

5 hours ago

Gunmen Attack Kaduna Community, Kill Village Head

Gunmen suspected to be assassins have killed the 30-year-old village head of Marke, Malam Kabiru…

6 hours ago

Tinubu Assures Of More Policies For Nation’s Industrialisation

President Bola Tinubu has given the assurance that his administration will continue to put in…

6 hours ago

This website uses cookies.