Senator Abubakar Bagudu, Minister of Budget and Economic Planning, stated that approximately 10 million Nigerians will benefit from President Bola Ahmed Tinubu's poverty-reduction initiative. The announcement was made public through a statement issued by the ministry.
Bagudu disclosed the figure while speaking to members of the National Councillors' Forum of Nigeria (NCFN), an association representing over 8,809 local government councillors across the country. During the same event, the NCFN appointed Bagudu as their grand patron.
The poverty-reduction initiative is part of the federal government's broader economic agenda under President Tinubu's administration. No further details were provided on the structure, funding, or rollout timeline of the programme. The ministry did not specify which states or demographics would be prioritised.
The NCFN described Bagudu's appointment as grand patron as a recognition of his commitment to grassroots development and fiscal accountability. The organisation did not outline any formal responsibilities tied to the role.
Bagudu announced 10 million Nigerians will benefit from a poverty initiative with no details on how selection will occur or where the funds will come from. The same minister now called grand patron by 8,809 councillors holds oversight of the budget meant to reach them. If councillors are already positioning for patronage, the line between public policy and political favour may be thin. Nigerians named in the initiative's target group have no clarity on whether they'll be beneficiaries or bystanders.
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