Buhari's Top Priority Is How To Lift 100m Nigerians Out Of Poverty – Osinbajo - Mackenzie Sky Blog - Naija News

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Friday, 26 March 2021

Buhari's Top Priority Is How To Lift 100m Nigerians Out Of Poverty – Osinbajo

Buhari's Top Priority Is How To Lift 100m Nigerians Out Of Poverty – Osinbajo
Vice President of the Federal Republic of Nigeria, Professor Yemi Osinbajo has revealed that President Muhammadu Buhari’s top priority now is how he would lift 100 million Nigerians out of poverty.

Professor Osinbajo stated this on Friday in a keynote address delivered virtually at the 19th meeting of the National Council on Development Planning themed “National Development Planning in Nigeria: Issues and Challenges”.

According to the Vice President; 

“It is generally agreed that the primary purpose of planning in our economy is to accelerate growth and development outcomes that will improve the lives of Nigerians. 

“To be meaningful, our planning processes must lead to tangible outcomes in the form of growth that exceeds population growth. Indeed, our plans must bring about an economy and society that works for all Nigerians.”

Using the Social Investment Programmes (SIPs) created by this present administration as an example of deliberate efforts aimed at ensuring inclusive growth, the Vice President said that an aspect of national planning that is often overlooked is how to manage distributional outcomes in a rapidly changing economic environment

“This point is readily understood if we recall that the strength of feelings on issues like the national minimum wage or indeed the deregulation of PMS prices is related to their expected impact on the poor segments of society. 

“It is accordingly important when drawing up national plans to take account of the interests of the more vulnerable members of society. This is why social investment and social protection are at the heart of the Buhari Administration’s policy interventions. 

“Indeed, top of mind for Mr. President is how to lift 100 million Nigerians out of poverty in this decade as we radically re-engineer the productive base of our economy in agriculture, manufacturing, mining, and the digital and creative sectors,” the Vice President explained.

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