Ebun Francis| The Federal Executive Council (FEC) on Wednesday approved the National Poverty Reduction with Growth Strategy (NPRGS) submitted by the Presidential Economic Advisory Council (PEAC).
President spokesman, Femi Adesina, who made the disclosure while briefing State House reporters at the end of the 43rd virtual FEC meeting presided over by President Muhammadu Buhari, said the council also approved the implementation of the strategy and its incorporation into the medium-term national development plan 2021-2025 and agenda 2050.
According to him, the council 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.
He added that the council took note of the worrying situation of poverty in the country while debating the approved strategy.
It will be recalled that the Doyin Salami-led advisory council in February submitted an executive brief of its meetings to President Muhammadu Buhari on the subject.
The NPRGS is anchored on four pillars of macroeconomic stabilisation, industrialisation, structural policies and institutional reforms, redistributive policies, and programmes, will support the administration’s goal of lifting 100 million Nigerians out of poverty within a decade.
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