budget of renewed hope

  1. Federal Government Allocates 2% of 2024 Budget to Poverty Reduction, Falling Short of World Bank Recommendations

    Nigeria Federal Government Allocates 2% of 2024 Budget to Poverty Reduction, Falling Short of World Bank Recommendations

    The Federal Government of Nigeria plans to allocate 2% of its 2024 budget—equivalent to N534 billion—towards poverty reduction and social development, as revealed by the Minister of Budget and Economic Planning, Abubakar Atiku Bagudu. However, this allocation falls short of the World Bank's...
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