NATIONAL POLICY ON POVERTY ERADICATION
Policy · Finance
A Policy eradicates extreme poverty in Nigeria through interventions in employment, skills, and social protection. It targets extremely poor Nigerians and federal social programmes to deliver support. This lifts millions out of poverty via comprehensive empowerment strategies.
NATIONAL POLICY ON POVERTY ERADICATION
What Is This Policy?
Nigeria's national policy framework for eradicating extreme poverty through targeted interventions covering employment, skills, agriculture, and social protection for the most vulnerable Nigerians.
Who Does It Target?
Extremely poor Nigerians Federal and state social protection programmes The Federal Ministry of Humanitarian Affairs and Social Development International development partners
What Does It Aim to Achieve?
Lift millions of Nigerians out of extreme poverty through a comprehensive package of economic empowerment, skills development, and social protection interventions.
Key Features
Economic Empowerment: Microfinance, skills training, and market access support for the poor. Social Protection: Cash transfers and food assistance for the extremely poor. Rural Poverty: Targeted interventions for rural farming households below the poverty line. Youth Employment: Specific programmes targeting youth unemployment as a driver of poverty.
Current Status
Rollout Stage: Active through various social investment programmes Coverage: Nationwide, priority on poorest states and communities Beneficiaries: Extremely poor Nigerians Funding: Federal Government; World Bank; UN agencies
How to Access
Register for National Social Register to access social protection programmes Apply for TraderMoni, MarketMoni, and N-Power through relevant agencies Access NSIP programmes at https://www.msf.gov.ng Application method: Access social protection programmes through Federal Ministry of Humanitarian Affairs at https://www.humanitarian.gov.ng
Important Terms
The National Social Investment Programme (NSIP) is the current implementation vehicle Nigeria's poverty rate has worsened in recent years requiring urgent policy attention Multi-dimensional poverty (health, education, living standards) requires integrated interventions
Impact & Metrics
Despite policy commitment, Nigeria's poverty headcount has increased due to population growth outpacing economic growth and the impact of COVID-19 and insecurity.
Official Resources
Website: https://www.humanitarian.gov.ng Contact: Federal Ministry of Humanitarian Affairs and Social Development
Legal Framework
Operates under the National Poverty Eradication Commission Act, the National Economic Empowerment and Development Strategy (NEEDS), the Fiscal Responsibility Act 2007, and the National Social Investment Programme. Draws on the UN Sustainable Development Goal 1 on ending poverty and the World Bank Systematic Country Diagnostic framework for Nigeria.