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Buhari says Many Nigerians risk sliding into extreme poverty

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President Muhammadu Buhari has indicated concern that a big proportion of Nigerians at present live in varied phases of poverty.

He stated that the chance of the population slipping further into severe poverty was real.

In response to a press release on Wednesday by his Special Adviser on Media and Publicity, Femi Adesina, the Buhari in a taped video message to a virtual high-level United Nations’ meeting on trends, options and strategies in poverty eradication the world over.

Buhari said his government was doing hard to overturn the trend.

He referred to the not too long ago developed Economic Sustainability Plan, geared toward facilitating the financial system amid the coronavirus pandemic, as one of many ways his administration meant to offset the trend.

He mentioned that the policy would lengthen protection to extremely poor Nigerians and different vulnerable groups by pro-poor spending.

The President advised that the COVID-19 pandemic had the capacities of overturning many years of progress accomplished in the efforts to eliminate poverty globally.

Buhari said that was why his government was taking steps to restore the nation’s economic system in the wake of the deadly virus.

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