FEC Debates Nigeria’s Worsening Poverty

*Okays poverty reduction policy

Worried by the worsening poverty level in the country, the
Federal Executive Council (FEC) on Wednesday extensively debated
the issue and approved a new policy to tackle the menace.

Briefing correspondents after the meeting presided by President
Muhammadu Buhari at the presidential villa, Abuja, Femi Adesina,
Special Adviser (Media & Publicity) to the president, said the
council took note of the worrying situation.

According to him, the federal government is aware of the poverty
level and is doing something about it.

He said it was in that line that FEC approved the National
Poverty Reduction with Growth Strategy policy.

Adesina said Vice President Yemi Osinbajo is to chair the
Steering Committee of the new policy to provide overall guidance
for implementation.

He said the council also approved the strategy’s incorporation
into the medium-term national development plan 2021-2025 and agenda
2050 and directed the Attorney General of the Federation and
Minister of Justice, Abubakar Malami to prepare a bill for
submission to National Assembly to make the implementation of the
strategy sustainment.

*Okays poverty reduction policy

Worried by the worsening poverty level in the country, the
Federal Executive Council (FEC) on Wednesday extensively debated
the issue and approved a new policy to tackle the menace.

Briefing correspondents after the meeting presided by President
Muhammadu Buhari at the presidential villa, Abuja, Femi Adesina,
Special Adviser (Media & Publicity) to the president, said the
council took note of the worrying situation.

According to him, the federal government is aware of the poverty
level and is doing something about it.

He said it was in that line that FEC approved the National
Poverty Reduction with Growth Strategy policy.

Adesina said Vice President Yemi Osinbajo is to chair the
Steering Committee of the new policy to provide overall guidance
for implementation.

He said the council also approved the strategy’s incorporation
into the medium-term national development plan 2021-2025 and agenda
2050 and directed the Attorney General of the Federation and
Minister of Justice, Abubakar Malami to prepare a bill for
submission to National Assembly to make the implementation of the
strategy sustainment.