Federal Government flag
Business
By ••1 min read

FG launches N16tn five-year plan to tackle poverty

Share this article

The Federal Government of Nigeria has unveiled a N16 trillion five-year strategy aimed at lifting 50 million Nigerians out of poverty by 2030.

The initiative, tagged the One Humanitarian, One Poverty Response System (OHOPRS), is designed as a unified national framework to address multidimensional poverty through coordinated interventions, real-time data, and a people-focused approach.

Speaking at the launch in Abuja, the Minister of Humanitarian Affairs and Poverty Reduction, Bernard Doro, said the programme seeks to correct gaps in previous poverty reduction efforts.

“We have been managing poverty, not ending it,” he said, noting that over 60 per cent of Nigerians currently face multidimensional poverty due to fragmented interventions across government agencies and levels.

The plan is expected to cost about N3.2 trillion annually, with funding contributions from multiple sources. According to the ministry, the Federal Government will provide N1.5 trillion yearly, while development partners, private sector investors, and global funds are expected to contribute the balance.

International organisations including the World Bank, European Union, and the United Nations are also expected to support the initiative.

Officials say the system will integrate humanitarian aid, social protection, and long-term development programmes into a single framework to improve efficiency and impact.

Representing the UN system, Elsie Attafuah described poverty in Nigeria as a growing humanitarian crisis, citing rising food insecurity and widespread economic vulnerability.

The government said the success of the programme will depend on strong collaboration among ministries, state governments, development partners, and the private sector, with a focus on measurable and sustainable outcomes.

#UTVAfrica#

Published on March 25, 2026
Share:

Stay Informed with UTV Africa

Get the week's top African news and analysis delivered to your inbox every Sunday.

By subscribing, you agree to our Privacy Policy. Unsubscribe at any time.

Weekly digest
Unsubscribe anytime
Free