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Home ยป Closely monitor poverty alleviation funds – APC chieftain Oyintiloye urges Tinubu
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Closely monitor poverty alleviation funds – APC chieftain Oyintiloye urges Tinubu

OsunDailyBy OsunDailyJanuary 7, 2024No Comments2 Mins Read
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Closely monitor poverty alleviation funds - APC chieftain Oyintiloye urges Tinubu
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President Bola Tinubu has been urged to keep an eye on how the funds allocated to different poverty alleviation programmes in the country are being spent.

The call was made by an All Progressives Congress, APC, chieftain, Olatunbosun Oyintiloye, while speaking with OsunDailyNG on Sunday in Osogbo, Osun State capital.

Oyintiloye, who said the passion of the president to alleviate poverty among the masses must not be allowed to be truncated by selfish individuals, suggested that all necessary strategies must be put in place to ensure that different poverty intervention programmes by the president have positive impacts on the lives of the less privileged Nigerians.

In his words, โ€œWe must encourage and support the president to keep eagle eye on these intervention programmes to prevent diversion.

โ€œSince the money is meant to alleviate poverty among the masses, every necessary strategy must be in place to ensure that allocated money have positive impacts on the lives of the less privileged Nigerians.โ€

The Osun APC chieftain also commended the president on the N150 billion allocated for poverty alleviation programmes in year 2024.

โ€œThe allocated amount would go a long way in impacting positively the lives of several Nigerians.

โ€œThe money which is to be spent under the National Poverty Reduction and Growth Strategy, NPRGS would stabilise and improve the livelihood of the vulnerable masses,โ€ he added.

He also noted that the money allocated under the four pillars of macro-economic stability, industrialisation, structural policies/institutional reforms and redistributive policies/programmes of government under the NPRGS was a good development.

He said the allocated fund would assist in fighting poverty, create economic growth and employment.

OsunDailyNG recalls that the NPRGS was approved by the Federal Executive Council in 2021 during the administration of former President Muhammadu Buhari to address poverty, particularly in rural areas.

The programme is to run for 10 years (2021-2031), with an estimated implementation cost of $1.6 trillion at an annual average of about $161 billion.


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Alleviation APC Chieftain Closely Funds monitor Oyintiloye poverty Tinubu Urges
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