Seun Onigbinde, director and co-founder of BudgIT, says the social investment programmes of the federal government are not a “ticket out of povertythe National Bureau of Statistics , in its latest national multidimensional poverty index report, said 133 million Nigerians are multidimensionally poor.
Speaking during the interview, Onigbinde said social investment programmes cannot solely address the problem of poverty in the country. “That ministry did not even exist five or six years ago. My own big idea is that if you are putting N350 billion in a programme or even up to N500 billion in some instances, by the time you put the recurrent side to it, what is the impact you are getting from it?
seunonigbinde It's obvious that it's not working.
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