The increase in Nigeria’s revenue recorded in the 2024 fiscal year is strategically allocated to various social intervention programmes aimed at improving the living standards of citizens and addressing pressing societal needs.
The Minister of Finance and Coordinating Minister of the Economy, Wale Edun, who stated this said the social investment programme is targeted to impact sixty per cent of the poorest, reaching twenty million persons.
He noted that a comprehensive proposed agenda for economic reform, was aimed to reduce inflation, create jobs, and stimulate growth in key sectors of the economy.
The Minister emphasized the government’s focus on agriculture, manufacturing, oil, and housing as vital drivers of Nigeria’s economy adding that the main aim is to make food more available, affordable, and to reduce the cost of living for Nigerians.
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