{"id":130444,"date":"2023-12-12T21:54:01","date_gmt":"2023-12-12T21:54:01","guid":{"rendered":"https:\/\/www.ghanamma.com\/2023\/12\/12\/budget-for-humanitarian-affairs-insufficient-to-fight-poverty-betta-edu-tells-nass\/"},"modified":"2023-12-12T21:54:01","modified_gmt":"2023-12-12T21:54:01","slug":"budget-for-humanitarian-affairs-insufficient-to-fight-poverty-betta-edu-tells-nass","status":"publish","type":"post","link":"https:\/\/www.ghanamma.com\/2023\/12\/12\/budget-for-humanitarian-affairs-insufficient-to-fight-poverty-betta-edu-tells-nass\/","title":{"rendered":"Budget For Humanitarian Affairs Insufficient To Fight Poverty \u2014 Betta Edu Tells NASS"},"content":{"rendered":"<p><\/p>\n<div>\n<p><img fetchpriority=\"high\" decoding=\"async\" class=\"aligncenter size-full wp-image-903035\" src=\"https:\/\/www.ghanamma.com\/wp-content\/uploads\/2023\/12\/20231212_184914.jpg\" alt=\"Betta Edu \" width=\"824\" height=\"858\"  \/><\/p>\n<p>Minister of Humanitarian Affairs and Poverty Alleviation, Betta Edu, says the ministry\u2019s budget for the 2024 fiscal year is not enough to fight poverty in the nation.<\/p>\n<p>While defending the budget proposal before the National Assembly\u2019s (NASS) Joint Committee on Humanitarian Affairs and Poverty Alleviation on Tuesday, she made the disclosure.<\/p>\n<p>According to Edu, the 28 percent increase in the overhead cost of the budget in 2024 which brings it to N532.5 billion is not enough to cushion the effects of the rising inflation in the country.<\/p>\n<p>She said N1.32 billion was allocated to the ministry as capital budget in 2023, noting that the figure was slightly increased in the 2024 budget to N1.5 billion.<\/p>\n<p>Her words: \u201cThe capital ceiling of N1.535 billion which is an increase from the current year\u2019s budget does not in any way match with the mandate of the ministry\u2019s headquarters to shrink poverty in Nigeria.<\/p>\n<p>\u201cSimply put, there was an over 71 percent reduction between 2022 and 2023. So the minimal increase between 2023 and 2024 does not in any way match the mandate which we have been given and what is expected of us.<\/p>\n<p>\u201cAt this point, I will plead humbly and sincerely with the chairman, co-chair and members of this great committee as we look into Nigeria as a nation.\u201d<\/p>\n<p><strong>READ ALSO: At Shiloh 2022 Oyedepo Prayed For Me To Become Minister \u2014 Betta Edu<\/strong><\/p>\n<p>Edu furthered that a key project was omitted in the 2024 budget proposal of the ministry.<\/p>\n<p>\u201cIf you follow the news closely, the President who is the Chairman of the Federal Executive Council recently approved the creation of the Humanitarian and Poverty Eradication Trust Fund.<\/p>\n<p>\u201cThis trust is expected to have a contribution from the federal government of 30 percent counterpart funding which is supposed to come from donor agencies as well as development partners.<\/p>\n<p>\u201cWe also have 30 percent coming from the private sector and then, 10 percent from other very innovative funds of resource mobilisation which we have already started engagement.<\/p>\n<p>\u201cSimilarly, 10 percent is expected from other very innovative funds of resource mobilisation for which we have already started engagements in the over 111 days in office.<\/p>\n<p>\u201cWe have been engaging massively for these funds to come into Nigeria to support the implementation of programmes which we will be implementing with you at the front burner by reaching out to your constituents.<\/p>\n<p>\u201cHowever, Nigeria needs to put its own part of the bargain on the table,\u201d she added.<\/p>\n<p>The National Assembly, she said, should hold her accountable for \u201cfull implementation of whatever is appropriated to our ministry.\u201d<\/p>\n<div class=\"code-block code-block-7\" style=\"margin: 8px auto; text-align: center; display: block; clear: both;\">\n<div data-advadstrackid=\"890536\" data-advadstrackbid=\"1\" class=\"infor-target\" id=\"infor-1183592715\"><img loading=\"lazy\" decoding=\"async\" src=\"https:\/\/www.ghanamma.com\/wp-content\/uploads\/2023\/12\/300x250b.gif\" alt=\"\" width=\"300\" height=\"250\"\/><\/div>\n<\/div>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>Minister of Humanitarian Affairs and Poverty Alleviation, Betta Edu, says the ministry\u2019s budget for the 2024 fiscal year is not enough to fight poverty in the nation. While defending the budget proposal before the National Assembly\u2019s (NASS) Joint Committee on Humanitarian Affairs and Poverty Alleviation on Tuesday, she made the disclosure. According to Edu, the [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":130445,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[9],"tags":[],"class_list":["post-130444","post","type-post","status-publish","format-standard","has-post-thumbnail","category-nigeria-news"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v24.2 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Budget For Humanitarian Affairs Insufficient To Fight Poverty \u2014 Betta Edu Tells NASS - Ghanamma.com<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.ghanamma.com\/2023\/12\/12\/budget-for-humanitarian-affairs-insufficient-to-fight-poverty-betta-edu-tells-nass\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Budget For Humanitarian Affairs Insufficient To Fight Poverty \u2014 Betta Edu Tells NASS - Ghanamma.com\" \/>\n<meta property=\"og:description\" content=\"Minister of Humanitarian Affairs and Poverty Alleviation, Betta Edu, says the ministry\u2019s budget for the 2024 fiscal year is not enough to fight poverty in the nation. While defending the budget proposal before the National Assembly\u2019s (NASS) Joint Committee on Humanitarian Affairs and Poverty Alleviation on Tuesday, she made the disclosure. 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