Highlight

EU urges FG, states to address poverty through financial investments

The Federal Ministry of Finance, in partnership with the Social Protection Development Partner Group, hosted the summit under the theme "Social Protection: A Catalyst for Human Capital Development." 

865
The European Union (EU) has urged the federal and state governments to boost funding for social protection programmes, emphasizing their crucial role in alleviating poverty nationwide.
According to a statement released on Saturday, Massimo De Luca, Head of Cooperation at the EU Delegation to Nigeria and ECOWAS, made the call on Friday at the third Social Protection Cross-Learning Summit in Abuja.
De Luca said that social protection serves as a lifeline for the most vulnerable and impoverished households, providing a critical safety net and a beacon of hope for individuals and communities grappling with poverty and vulnerability.
 By offering a vital foundation of support, social protection enables those in need to weather the storms of adversity and build a more secure future.
The Federal Ministry of Finance, in partnership with the Social Protection Development Partner Group, hosted the summit under the theme “Social Protection: A Catalyst for Human Capital Development.”
De Luca said that social protection is a vital component of human capital development, as it provides essential safety nets that guarantee access to fundamental services like education, healthcare, and nutrition, including contributing significantly to economic stability, poverty reduction, and inclusive growth, ultimately laying a solid groundwork for the comprehensive development and progress of a nation.
Citing the World Bank’s report, which put Nigeria’s poor at 104 million, or 46 percent, in 2023, he said: “Investing in social protection means investing in our collective future, fostering resilience, and ensuring that every individual has the opportunity to contribute meaningfully to the society despite background, location, or uncertainties.”
The EU reaffirmed its dedication to partnering with the FG to tackle poverty and related challenges in Nigeria.
He said: “The EU is supporting Nigeria’s social protection sector to the tune of €46 million in its 2021–2027 programming to support system strengthening and the design of social safety nets programs.
“Already, we are finalising processes with UNICEF and GIZ to implement the project in the focal states.”
De Luca explained that the intervention aims to enhance the social protection system by improving the interoperability of related databases and ensuring a functional, shock-responsive social register.
Additionally, the programme will provide safety nets to climate change-affected communities in three states in the North East, promoting resilience and support for vulnerable populations.

Leave a comment

Related Articles

Colleagues’ Intervention Fails as Opeyemi Aiyeola Snubs Jamiu Azeez’s Apology

Nollywood actress Opeyemi Aiyeola has continued to keep her distance from her...

Supreme Court Dismisses INEC’s Appeal Against SDP, Imposes N2m Fine

In a unanimous decision on Friday, the Supreme Court threw out INEC’s...

Nigeria’s Football Leagues Get Massive Boost with ₦40bln Sponsorship Deal

Nigeria’s domestic football scene is set to receive a major injection of...

160 Suspects Nabbed in FCT’s Latest Crime Crackdown, 300 Cases Recorded

More than 300 crime cases were reported between October and December 2025 in...

Tinubu Approves New Board for NERC, Oseni Takes Helm

President Bola Tinubu has approved the reconstitution of the Board of the...

Alleged Land Document Forgery: Court Remands FCTA Director In Prison

The Director of Lands with the Federal Capital Territory Administration (FCTA), Adamu...

Breaking: FG reopens 47 unity schools

The Federal Government has announced the reopening of the 47 unity schools...

Ambassadors: Senate Confirms Jimoh Ibrahim, ex-Rivers Administrator Ibas, INEC’s Yakubu, Reno, 60 Others

The Senate on Thursday, December 18, confirmed 64 ambassadorial and high commissioner...

NPA Unveils Ambitious Plans for Maritime Growth

The Nigerian Ports Authority (NPA) is gearing up for a major transformation,...

NPA Sees Massive Growth in Export Containers, Cargo Throughput

The Nigerian Ports Authority (NPA) has posted an impressive performance in the...

NDPHC at 20: Shettima Reaffirms FG’s Commitment to Power Sector Reforms

Vice President Kashim Shettima has reiterated the Federal Government’s dedication to modernizing...

ACP Collapses, Dies During Ebonyi Police Meeting

Assistant Commissioner of Police (ACP) Ogbon-Inu Taiwo Popoola, the officer in charge...

Yuletide: FCT Police deploy 2,000 personnel to secure worship centres, others

No fewer than 2,000 police personnel have been deployed to places of...

College Provost Jailed for Fake Varsity Document

Samson Orijugo, the Provost of Adonai Advanced Institute of Management, has been...

‘I Left Over N300bln in State’s Coffers Before Emergency Rule’ – Rivers Gov. Fubara

Governor Siminalayi Fubara revealed on Wednesday that Rivers State had over N300...

House of Reps Flags Unauthorized Changes to Tax Laws

Rep. Abdussamad Dasuki has alerted the House of Representatives to alleged discrepancies...

Just In: 4 Onboard as Aircraft Crashes in Owerri

A Cessna 172, registered as 5N-ASR and operated by Skypower Express, crashed...

ADC’s Promotion Blocked After Military Protests, Tinubu Backs Down

President Bola Tinubu has reportedly halted the extraordinary promotion planned for his...

Defensive Woes Haunt Super Eagles in Egypt Friendly Ahead of AFCON 2025

Nigeria’s Super Eagles suffered a 2-1 defeat to Egypt in a friendly...

Gas Supply Issues Cripple National Grid, Power Generation Drops – NISO

By Joycelyn Ellakeche Adah Nigeria’s national electricity grid has experienced a decline...