2022 Budget: FG to Spend N300Billion on NSIP/Poverty Reduction

2022 Budget: FG to Spend N300Billion on NSIP/Poverty Reduction

The President will on Thursday, present the 2022 Budget proposal to the joint session of the National Assembly, both the Green and Red chambers are to scrutinize the Budget proposal before approval

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In line with President Buhari agenda to lift 100Million Nigerians out of strict poverty, N300Billion has been budgeted for against 2022 fiscal spending year

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This is inculcated in the N510B Service Wide Votes (SWV) to cater for National Poverty Reduction with Growth Strategy (N300 billion)

“Others are the additional provision of N510 billion in the Service Wide Votes to cater for National Poverty Reduction with Growth Strategy (N300 billion),

“Police Operations Fund (N50 billion), Hazard Allowance for Health Workers (50 billion),

“Public Service Wage Adjustments (additional N80 billion), and MDAs’ Electricity Bills Debt (additional N37 billion); and additional Capital provision of N1.70 trillion”