• Login
  • Register
Nairametrics
  • Home
  • Exclusives
    • Financial Analysis
    • Corporate Stories
    • Interviews
    • Investigations
    • Metrics
    • Economy
    • Nairalytics
  • Markets
    • Currencies
    • Cryptos
    • Commodities
    • Equities
      • Company Results
      • Dividends
      • Stock Market
    • Fixed Income
    • Market Views
    • Securities
  • Sectors
    • Agriculture
    • Aviation
    • Company News
    • Consumer Goods
    • Corporate Updates
    • Corporate deals
    • Corporate Press Releases
    • Energy
    • Entertainment
    • Financial Services
    • Health
    • Hospitality & Travel
    • Manufacturing
    • Real Estate and Construction
    • Renewables & Sustainability
    • Tech News
  • Business News
    • Budget
    • Public Debt
    • Funds Management
    • Tax
  • Financial Literacy
    • Career tips
    • Personal Finance
  • Lifestyle
    • Billionaire Watch
    • Profiles
  • Opinions
    • Blurb
    • Op-Eds
    • Research Analysis
  • Recapitalization
    • Access Holdings Offer
    • Fidelity Bank Offer
    • GTCO Offer
    • Zenith Bank Offer
  • Home
  • Exclusives
    • Financial Analysis
    • Corporate Stories
    • Interviews
    • Investigations
    • Metrics
    • Economy
    • Nairalytics
  • Markets
    • Currencies
    • Cryptos
    • Commodities
    • Equities
      • Company Results
      • Dividends
      • Stock Market
    • Fixed Income
    • Market Views
    • Securities
  • Sectors
    • Agriculture
    • Aviation
    • Company News
    • Consumer Goods
    • Corporate Updates
    • Corporate deals
    • Corporate Press Releases
    • Energy
    • Entertainment
    • Financial Services
    • Health
    • Hospitality & Travel
    • Manufacturing
    • Real Estate and Construction
    • Renewables & Sustainability
    • Tech News
  • Business News
    • Budget
    • Public Debt
    • Funds Management
    • Tax
  • Financial Literacy
    • Career tips
    • Personal Finance
  • Lifestyle
    • Billionaire Watch
    • Profiles
  • Opinions
    • Blurb
    • Op-Eds
    • Research Analysis
  • Recapitalization
    • Access Holdings Offer
    • Fidelity Bank Offer
    • GTCO Offer
    • Zenith Bank Offer
Nairametrics
No Result
View All Result
Home Business News

UNICEF Commits $270 Million to Boost Nigeria’s Poverty Alleviation Efforts

Uade Ahimie by Uade Ahimie
August 22, 2023
in Business News, Politics
UNICEF reports Diphtheria outbreak in Kano, Lagos, others represents 98% of cases in Nigeria
Share on FacebookShare on TwitterShare on Linkedin

In a significant move, the United Nations Children’s Agency, UNICEF, has unveiled plans to allocate a substantial sum of $270 million to reinforce Nigeria’s endeavors in humanitarian aid and poverty reduction.

The commitment comes alongside the announcement of setting up an emergency operation center to manage crises effectively.

During a meeting held in Abuja, UNICEF executives Christian Munduate and Eduardo Celades conferred with Nigerian Minister of Humanitarian Affairs and Poverty Alleviation, Betta Edu.

RelatedStories

Wema Bank’s Rights Issue and Share Price Rally: Rewarding Investor Confidence

Wema Bank share capital rises 66% with 14.1 billion shares listing on NGX

October 3, 2025
Hand holding Nigerian Naira banknotes fanned out, representing currency exchange or financial context

Naira records first dip in over one week, closes at N1,469/$1 

October 3, 2025

The Nigerian government, led by President Bola Tinubu, is ardently focused on elevating a staggering 133 million citizens out of poverty.

Although a specific timeline for achieving this ambitious goal wasn’t outlined, the urgency to make headway is palpable. Edu highlighted the aim to target around 71 million individuals grappling with extreme poverty, surviving on less than $1.95 per day.

Edu emphasized, “Time is of the essence. We need to act swiftly to roll out social programs that can alleviate the hardships faced by the impoverished.”

UNICEF’s support extends beyond financial backing. The agency is set to assist in establishing a humanitarian emergency operation center aimed at proactively monitoring, mitigating, and preventing crises. Moreover, capacity building for the ministry’s staff is on the agenda, fostering a more effective approach to tackling these challenges.

Nigeria, as Africa’s largest economy, grapples with a myriad of issues, including mounting debt, unemployment, and security concerns that have collectively hindered robust growth for years.

The World Bank, in a report last year, highlighted the impediments to poverty reduction in the country, citing sluggish growth, labor market vulnerabilities, and susceptibility to shocks as key factors hampering progress.


Follow us for Breaking News and Market Intelligence.
Uade Ahimie

Uade Ahimie

Uade Ahimie, a seasoned professional with over 30 years of experience, excels in corporate governance, risk management, and compliance. Notable roles include Head of Strategy at Nairametrics and impactful contributions to Sahara Group's sustainability efforts. He's also dedicated to mentoring FinTech start-ups and operates Accounting Lab Limited.

Related Posts

Wema Bank’s Rights Issue and Share Price Rally: Rewarding Investor Confidence
Bank Recapitalization

Wema Bank share capital rises 66% with 14.1 billion shares listing on NGX

October 3, 2025
Hand holding Nigerian Naira banknotes fanned out, representing currency exchange or financial context
Currencies

Naira records first dip in over one week, closes at N1,469/$1 

October 3, 2025
Cardoso: Nigeria must embrace cryptocurrency regulation as market matures 
Cryptos

Cardoso: Nigeria must embrace cryptocurrency regulation as market matures 

October 3, 2025
Nigerian public officials get N721 billion in bribes in 2023
Currencies

Naira is overvalued by 30% against the dollar – Report 

October 3, 2025
NGX
Equities

Best performing stocks in Nigeria as of September 2025 YtD  

October 3, 2025
FCMB Group opens N160 Billion Public Offer to retain international licence 
Companies

FCMB Group opens N160 Billion Public Offer to retain international licence 

October 3, 2025
Next Post
Assessing Financial Compatibility: A Crucial Aspect of a Strong Relationship 

Assessing Financial Compatibility: A Crucial Aspect of a Strong Relationship 

Comments 1

  1. Ama Zhema says:
    August 23, 2023 at 2:54 am

    A step at the right direction. We are ready to champion the course but our voices are faint.

    Reply

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

otd
arco
Palmpay
access bank
nairametrics
first bank








DUNS

Recent News

  • Wema Bank share capital rises 66% with 14.1 billion shares listing on NGX
  • Naira records first dip in over one week, closes at N1,469/$1 
  • Cardoso: Nigeria must embrace cryptocurrency regulation as market matures 

Follow us on social media:

Recent News

Wema Bank’s Rights Issue and Share Price Rally: Rewarding Investor Confidence

Wema Bank share capital rises 66% with 14.1 billion shares listing on NGX

October 3, 2025
Hand holding Nigerian Naira banknotes fanned out, representing currency exchange or financial context

Naira records first dip in over one week, closes at N1,469/$1 

October 3, 2025
  • iOS App
  • Android App
  • Contact Us
  • Home
  • Markets
  • Sectors
  • Economy
  • Business News
  • Financial Literacy
  • Disclaimer
  • Ads Disclaimer
  • Copyright Infringement

© 2025 Nairametrics

Welcome Back!

Login to your account below

Forgotten Password? Sign Up

Create New Account!

Fill the forms below to register

All fields are required. Log In

Retrieve your password

Please enter your username or email address to reset your password.

Log In
Social Media Auto Publish Powered By : XYZScripts.com
No Result
View All Result
  • Home
  • Exclusives
    • Financial Analysis
    • Corporate Stories
    • Interviews
    • Investigations
    • Metrics
    • Economy
    • Nairalytics
  • Markets
    • Currencies
    • Cryptos
    • Commodities
    • Equities
      • Company Results
      • Dividends
      • Stock Market
    • Fixed Income
    • Market Views
    • Securities
  • Sectors
    • Agriculture
    • Aviation
    • Company News
    • Consumer Goods
    • Corporate Updates
    • Corporate deals
    • Corporate Press Releases
    • Energy
    • Entertainment
    • Financial Services
    • Health
    • Hospitality & Travel
    • Manufacturing
    • Real Estate and Construction
    • Renewables & Sustainability
    • Tech News
  • Business News
    • Budget
    • Public Debt
    • Funds Management
    • Tax
  • Financial Literacy
    • Career tips
    • Personal Finance
  • Lifestyle
    • Billionaire Watch
    • Profiles
  • Opinions
    • Blurb
    • Op-Eds
    • Research Analysis
  • Recapitalization
    • Access Holdings Offer
    • Fidelity Bank Offer
    • GTCO Offer
    • Zenith Bank Offer
  • Login
  • Sign Up

© 2025 Nairametrics