The Buhari Media Organisation (BMO) has said that President Muhammadu Buhari’s success in lifting five million Nigerians out of the poverty bracket in a short time is quite commendable.
Describing it as a sign of greater things to come, it added that
the president’s goal to lift 100 million Nigerians out of poverty in10 years is on course.
In a statement signed by its chairman, Niyi Akinsiju, and secretary, Cassidy Madueke, Sunday, the group stated that the Buhari-led administration had put in place policies, since it came into power, targeted at eradicating poverty and improving the lives and welfare of the Nigerian people.
“The Buhari administration put in place the Social Investment Program (SIP) aimed at tackling poverty, unemployment and improving the living standard of Nigerians. Within the last three and a half years since the program has been operational, it has successfully impacted the lives of over 12 million Nigerians, directly and indirectly.
“The programme, with its four components has provided employment to hundreds of thousands of local farmers through the Home Grown School Feeding Program. These farmers are the suppliers of farm products that are used to feed the over 9.5 million children this government is feeding in our public primary schools.
“The Conditional Cash Transfer program which simply gives a stipend to the poorest of the poorest families in Nigeria, has given a new life to over 350,000 Nigerian families that were far below the poverty line before this administration came on board. With N10, 000 given to them every two months, they now have more disposable income; they can now buy new clothes, improve their hygiene and send their children to school.
“This sum, put into the hands of caregivers of these over 350,000 families, has rescued these families, with at least four beneficiaries per house, from the claws of poverty and has given them new life and hope.”
The group noted that the GEEP loans the Buhari government has been giving to traders, businesses and farmers have reached over 2 million beneficiaries.
“The thing about these loans is the domino effect of their impact. Traders now have more credit and they can now expand on their businesses. As they expand on the businesses, they grow and they can help people around them. The lives of beneficiaries who they support will improve as well.
“There is also the N-Power Program that has provided employment to 500,000 previously unemployed graduates.”
