The Minister of Humanitarian Affairs and Poverty Alleviation, Dr. Betta Edu, has highlighted the significant impact of the Federal government’s humanitarian assistance initiatives, including Farmer Money, Trader Money, and Conditional Cash Transfer, benefiting a substantial 3.5 million Nigerians. This announcement came during the initiation of the disbursement of N20,000 to vulnerable groups in Cross River state, representing a crucial step in the ongoing efforts to alleviate poverty.
Dr. Betta Edu emphasized the multifaceted approach taken by the Federal Government, encompassing initiatives such as the End Hunger Programme and the Skill Acquisition Programme, set to be launched in January. She urged subnational governments to actively engage and support these programs to ensure their success across the nation.
Governor Bassey Otu of Cross River state echoed the sentiment, acknowledging the state’s focus on key sectors like agriculture, security, and tourism to generate employment opportunities and mitigate unemployment. Commending the initiative, Otu expressed the need for collective support to achieve the ambitious goal of lifting 50 million Nigerians out of poverty by 2030. He affirmed his administration’s commitment to endorse, collaborate, and partner with Federal Government programs aimed at poverty reduction.

Highlighting the timely nature of the initiative, particularly during the festive Christmas season, Governor Otu recognized that individuals in the state had already begun receiving payment alerts. He underscored the positive economic impact of the government’s actions on the nation’s future.
However, amid these positive assertions, it’s essential to consider alternative perspectives. Contrary to the Minister’s claim, a recent report from the World Bank indicated that less than 1% of poor and vulnerable households had benefited from the Federal government’s cash transfer program. Additionally, the Bretton Woods institution reported that 99.9% of the targeted poor households for the cash transfer lacked a National Identification Number (NIN).
These findings raise questions about the inclusivity and reach of the government’s assistance programs. There have been indications that the review of the National Social Register might exclude individuals without NIN and Bank Verification Number (BVN). As the government strives to implement widespread poverty alleviation measures, addressing these discrepancies and ensuring that the benefits reach those in genuine need becomes crucial.
Revisiting the backstory, the conditional cash transfer program, officially launched in October, aims to provide N25,000 for three months to 15 million Nigerian households. Simultaneously, plans to offer N50,000 as non-interest loans to 1.5 million market women under the Government Enterprise and Empowerment Program, dubbed the Iyaloya Funds, demonstrate the government’s commitment to diverse strategies in tackling poverty.
In conclusion, the Minister’s optimism about the positive impact of government initiatives is met with supportive remarks from Governor Otu, signaling collaboration at the state level. However, contrasting reports from international institutions raise concerns about the actual reach and effectiveness of these programs. As the government continues its efforts to uplift millions from poverty, a thorough examination of implementation strategies and inclusivity measures is imperative for sustainable and impactful outcomes.
Support InfoStride News' Credible Journalism: Only credible journalism can guarantee a fair, accountable and transparent society, including democracy and government. It involves a lot of efforts and money. We need your support. Click here to Donate