***decries non allocation of funds to Poverty Eradication Trust Fund in Ministry’s Budget
The amount allocated to Humanitarian Affairs and Poverty Alleviation ministry in the 2024 budget is not capable of fighting poverty in the country, the minister in charge of the ministry Dr. Beta Edu has indicated.
The Minister spoke when she led officials of her ministry and parastalas under it, to defend her 2024 budget before the Joint National Assembly committee on Humanitarian Affairs and Poverty Alleviation, chaired by Senator Idiat Adebule.
According to her, the ministry was given an overhead ceiling of N532.5bn which represents a 28 per cent increase over the 2023 budget to cushion the effects of inflation.
She said it was pertinent to note that the 28 per cent increase in the overhead ceiling does not tally withthe 27.33 per cent inflationary rate in the economy today.
On the other hand, she said the capital budget ceiling was reduced from N3.7bn in 2022 to N1.328316bn in 2023 and it represents 71 per cent reduction.
So, in the 2022 and 2023 there was a 71% reduction.
She said, “However the pittance capital ceiling of N1.535b which is an increase from the current year’s budget does not in any way match with the mandate of the ministry’s headquarters in order to shrink poverty in Nigeria.”
Simply put, Edu said, “there was an over 71% reduction between 2022 and 2023 so the minimal increase between 2023 and 2024 does not in any way match with the mandate which we have been given and what is expected of us.”
She therefore pleaded with the committee chairman and members to intervene in the matter in the interest of poor Nigerians.
She said, “The burden lies on us to actually tackle the issue of poverty with sincerity.
“One thing you can take from myself and my team working under the guardian of President Bola Ahmed Tinubu is that he truly wants Nigerians to be out of poverty.
“Except the budget is appropriated for it, we would be completely unable to meet that mandate.
“It will be words that would not be marched with actions. I am happy that you represent constituencies and senatorial zones a lot is being expected of you from the Government in your constituencies to meet their real sincere demands.
“That is the reason why this committee must go beyond board to ensure that the present budget which was given to the Ministry and agencies is carefully looked into, reconsidered and something more reasonable and in keeping with the realities on ground is done.
“The ministry has several special projects which I will not like to mention and we intend to use these special projects as agencies under us to meet the target.
“Something very serious was omitted. If you followed the news closely, the President who is the chairman of the Federal Executive Council recently approved the creation of Humanitarian and Poverty Eradication Trust Fund.
“This Trust Is expected to have contribution from the Federal Government 30% counterpart funding which is supposed to come from donor agencies as well as development partners.
“We also have 30% coming from the private sector and then, 10% from other very innovative funds of resource mobilization which we have already started engagement
“Similarly , 10% is expected from other very innovative dunds of resource mobilization for which we have already started engagements in the over 111 days in office.
“We have been engaging massively for these funds to come into Nigeria to support the implementation of programmes which we will be implementing with you at the front burner by reaching out to your constituents
“However, Nigeria needs to put its own part of the bargain on the table. This would be not just an attraction to those who are supposed are bringing in the other percent but it will serve as a lighter to reach the poor and indeed eradicate poverty from our country.
“We plead with this great Committee that as you make your submission to the appropriation committee and of course furthermore to the final level where the gavel will go down on the 2024 Appropriation, we seek that you help us ensure the inclusion of these budget line as well as appropriation for this budget line
The Chairman of the Committee, Idiat Adebule, asked whether the Minister presented the budget for the Trust Fund at the budget during the planning stage.
Edu said it was presented to the Ministry of Budget but that it was not reflected in what her ministry later got.
The Minister said, “This was clearly stated as an ommission and that is why we are asked to bring in as a memo to the committee to see how they can consider it.”
The committee members asked whether she has the Memo, and Beta responded in the affirmative.
The Minister was also asked whether she had discussed it with the minister of budget she alslo answered in the afirmative.
Edu said she was with the Budget Minister and that she engaged him and also the budget office.
She said, “Of course we didn’t get to see the copy which was sent to the committee so from the findings we got to know that the copy that got to you did not have that reflected
“Because we are interested in the money that is coming from the donor agency, it is on the basis of this that we are taking that letter and we will make presentation to the appropriation Committee to see how it goes.
“We would want to say that you can hold us accountable for full implementation of whatever is appropriated to our ministry,” Edu stated.