The Federal Executive Council, (FEC), has approved the National Poverty Reduction with Growth Strategy, (NPRGS), put together by the Presidential Economic Advisory Council, (PEAC).
Special Adviser to President Muhammadu Buhari on Media and Publicity, Femi Adesina, disclosed this to State House correspondents yesterday.
According to him, the Steering Committee on NPRGS would be headed by Vice President Yemi Osinbajo, who will provide overall guidance for implementation.
He further said that the Council also approved the implementation of the Strategy and its incorporation into the Medium-Term National Development Plan 2021-2025 and the Agenda 2050.
The FEC also directed the Attorney General of the Federation and Minister of Justice, Abubakar Malami, to prepare a bill for submission to the National Assembly, to make the implementation of the strategy sustainable.
The Federal Government also revealed that the policy was developed by the Presidential Economic Advisory Council (PEAC), chaired by Dr. Doyin Salami and other members including Dr. Muhammad Sagagi (Vice-Chair), Prof Ode Ojowu, Dr. Shehu Yahaya, Dr. Iyabo Masha, Prof Chukwuma Soludo, Mr. Bismarck Rewane and Dr. Mohammed Adaya Salisu (Secretary).
In 2020, the National Bureau of Statistics revealed that the number of Nigerians that are poor has been estimated to be 82.9 million.