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FG, UN raises $5bn yearly to tackle poverty

Bisola David
Bisola David
FG, UN raises $5bn yearly to tackle poverty

The Federal Government, the United Nations, and other development partners will generate $5 billion every year for Nigeria’s Humanitarian and Poverty Alleviation Trust Fund, according to the Ministry of Humanitarian Affairs and Poverty Alleviation on Wednesday.

According to The Punch, it stated that in addition to the government, development partners, UN agencies, and embassies, other parties also pledged to a coordinated strategy and long-lasting solutions for Nigeria’s humanitarian response.

This was settled at a humanitarian coordination meeting held at the UN House in Abuja. the Minister of Humanitarian Affairs and Poverty Alleviation,  Betta Edu, addressed ambassadors, UN agencies, non-governmental organizations, etc. regarding their commitment to humanitarian crises in Nigeria.

“At the minister’s request, a gathering of all Nigeria’s humanitarian responders took place, and everyone there pledged to adopt a long-lasting, astute, and well-coordinated strategy for providing aid.

“The Federal Government, other countries, the private sector, donor agencies, and the development partners committed to raising $5 billion annually for the Humanitarian Affairs and Poverty Alleviation Trust Fund in Nigeria as part of the meeting’s resolutions,” the ministry said in the statement.

Edu expressed President Bola Tinubu’s gratitude to UN agencies and development partners for their assistance in mitigating Nigeria’s humanitarian crisis.

She did, however, emphasize that Nigeria has moved past the period of disorganized, unaccountable, and silotic methods to humanitarian assistance.

She highlighted that the Federal Government of Nigeria is committed to minimizing, preventing, mitigating, and appropriately responding to the humanitarian situation in Nigeria in a more coordinated manner, with the ultimate goal of reducing poverty by half.

Speaking on behalf of UN agencies, United Nations Resident and Humanitarian Coordinator for Nigeria Matthias Schmale offered help to the government in addressing humanitarian issues.

“You have made it quite evident to us that the requirements of humanitarian relief extend throughout the nation. “As United Nations agencies, we are here to support the Federal Government’s priorities, develop response plans that are reviewed and put into action, mobilize resources for country response, and ensure proper coordination,” the spokesperson said.


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