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Nigeria's Conditional Cash Transfer program provides targeted cash transfers to the most vulnerable households with the long-term goal of lifting millions out of poverty. A monthly stipend of N5,000 ($13.89) is given to households in poverty-stricken communities along with an additional N5,000 for families designated as priorities or extreme cases.
The United Nations children's agency, UNICEF, plans to commit $270 million to Nigeria's humanitarian and poverty alleviation efforts and pledged to help set up an emergency operation centre, its ...
The program is seen as an improvement over the previous Nigerian government poverty-reduction programmes. [1] According to a 2008 analysis, the program has been able to train 130,000 youths and engaged 216,000 people , but most of the beneficiaries were non-poor.
Poverty reduction, poverty relief, or poverty alleviation is a set of measures, both economic and humanitarian, that are intended to permanently lift people out of poverty. Measures, like those promoted by Henry George in his economics classic Progress and Poverty , are those that raise, or are intended to raise, ways of enabling the poor to ...
Nigeria gained independence on 1 October 1960. In 2012, Nigeria contributed the fifth largest number of peacekeepers to United Nations peacekeeping operations. [7] The SDGs or Project 2030 is a global call to put an end to poverty, secure the planet and ensure that everyone enjoys peace and prosperity by 2030. It was adopted by 193 countries ...
Nigeria's president on Monday suspended the country’s minister of humanitarian affairs and poverty alleviation over the use of a private bank account for ministry financial transactions in the ...
Presenting its six-monthly update on development in Africa's most populous country, the organisation gave a GDP growth forecast for Nigeria of 1.9% in 2021 and 2.1% in 2022, compared with 3.4% ...
Poverty is the lack of, or the inability to achieve socially acceptable standard of living. [34] Officially, there is no poverty line put in place for Nigeria but for the sake of poverty analysis, the mean per capita household is used. So, there are two poverty lines that are used to classify where people stand financially.