Worried by the worsening poverty level in the country, the Federal Executive Council (FEC) on Wednesday extensively debated the worsening poverty challenge in Nigeria and approved a new policy to tackle the problem.
Briefing newsmen after the FEC meeting presided over by President Muhammadu Buhari at the Presidential Villa, Abuja, his spokesman, Femi Adesina, said the federal government was not unaware of the poverty level but was doing something about it.
He said it was in that line that FEC approved the National Poverty Reduction with Growth Strategy policy.
Adesina said Vice-President Yemi Osinbajo would chair the Steering Committee of the new policy to provide overall guidance for implementation.
He also said the FEC approved the strategy’s incorporation into the medium term national development plan 2021-2025 and agenda 2050 and directed the Attorney-General of the Federation and Minister of Justice, Abubakar Malami to prepare a bill for submission to National Assembly to make the implementation of the strategy sustainable.