Vice President Yemi Osinbajo on Tuesday emphasized the impact and significance of the President’s regime’s Social Investment Programmes.
Osinbajo made the announcement at the Statehouse Banquet Hall in Abuja at the formal launch of the ‘Review of Baseline Report and Realignment of the National Statistical System with SDGs, 2020.’
“Our Social Investment Programs will Accelerate Sustainable Development Goals – Osinbajo,” said Laolu Akande, Senior Special Assistant to the Vice President on Media and Publicity.
One of the program’s goals, according to the Vice President, is to speed the country’s achievement of the Sustainable Development Goals.
The Federal Government’s national development goal, according to Osinbajo, is aligned with the SDGs, and the FG will continue to increase efforts to alleviate poverty, create jobs, create wealth, and address climate change.
He described the SIPs as “a multi-pronged approach to wealth creation, human capacity development, and poverty alleviation,”.
He also stressed that “the Conditional Cash Transfer component of the programme reaches approximately 8.9 million poor and vulnerable households and 37.7 million individuals across the country.”
Osinbajo observed that the Government Enterprise and Empowerment Program has offered nearly 2.4 million loans worth N38 billion to petty traders and small entrepreneurs across the country, highlighting the impact of the Social Investment Programs.
He went on to say that the regime’s youth employment and skills upgrading effort, the N-Power Programme, was aimed to engage 1 million youths between the ages of 18 and 35 over a two-year period and to further equip them with job-market skills.
The Vice President noted that as a successor plan for the Millennium Development Goals, “the Nigeria SDGs Indicator-Baseline Report (2016) reinforced the need to strengthen our national statistical system to enable effective tracking and monitoring of the SDGs that we all committed to.”
The Vice President said, “One of the areas of marked improvement in this document is the increased range of reporting–from the 126 indicators recorded in the 2016 Baseline Report, to the 141 indicators in the current 2020 Report.”
Osinbajo stated that the federal government has been incorporating the SDGs into its development plans and policies to ensure their implementation.