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FG rolls out plans to lift 50 million Nigerians out of poverty by 2030

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The Federal Government on Tuesday rolled out plans for the implementation of a unified national system tagged: ‘One Humanitarian, One Poverty Response System (OHOPRS)’, aimed at lifting 50 million Nigerians out of poverty over the next five years.

According to the OHOPRS financial architecture for the 2026 – 2030 period presented in Abuja, the present administration is to raise N16 trillion between 2026 and 2030.

To achieve the feat, the Federal Government is to contribute the sum of N1.5 trillion; Development Partners – N800 billion; Private Sector & Impact Finance – N600 billion, while the sum of N300 billion is expected through Climate & Global Funds, totalling N3.2 trillion on annual basis (with contributions from World Bank, European Union, United Nations, Bilateral Donors and Foundations.

Federal Government is also expected to launch the National Humanitarian and Poverty Reduction Trust Fund, through Innovative and Blended Finance, including: Climate Financing (AA, Adaptation); Social Impact Bonds, Private Sector Investment, Islamic Finance (Zakat, Sukuk, Waqf, and Carbon Credit.

In the bid to ensure effective governance and accountability, the Ministry has put in place a strong oversight system namely: National Steering Committee, Government + Partners Oversight; Independent Audit Systems; Results-Based Financing and Real-Time Digital Transparency, respectively.

Speaking during the official flag-off ceremony of OHOPRS, Minister of Humanitarian Affairs and Poverty Reduction, Dr. Bernard Doro explained that One Humanitarian, One Poverty Response System was designed to address multidimensional poverty, with a focus on real-time data, coordinated response, and a people-centred approach.

He said: “We put in a lot of money to curb poverty but the impact is not there. There is a gap that needs to be corrected. Over 63 per cent of Nigerians face multidimensional poverty and there is chronic fragmentation across MDAs, States, and Local Governments.

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“It is obvious that Nigeria does not lack interventions; Nigeria lacks systems and that is why the OHOPRS is launched.

“We have been managing poverty, not ending it and it is time for a change. We need a clear national direction, and the President gave a clear instruction.

“President Tinubu’s vision is uncompromising. He wants 50 million Nigerians out of poverty by 2030. He wants us to implement real-time digital accountability.

“He wants us to align every stakeholder to a single national system. The instruction was very clear too. So, the OHOPRS is intended to be a new national backbone designed to integrate humanitarian relief, long-term development and social protection. It is intended to align ministries, departments and agencies, state governments and development partners.”

Dr. Doro, while stating the urgency of the initiative, said: “If we do not unify now, we are choosing to perish.”

Speaking earlier, UN Resident Coordinator in Nigeria/Humanitarian Coordinator, Mr. Mohamed Fall, who was represented by Head of United Nations Development Programme (UNDP), Elsie Attafuah, noted that poverty was no longer a gradual development challenge, but a humanitarian crisis that requires immediate attention.

He said: “With 62 percent of Nigerians living in poverty and 33 million facing acute food insecurity, there is need for a systems change that integrates humanitarian response, social protection, and economic inclusion.

On the newly launched system, he said: “This is not simply an opportunity to spend more, but an opportunity to invest best. It is an opportunity to ensure that resources are targeted with precision, that they address the root causes of poverty and vulnerability, and that they translate into measurable improvement in people’s lives.

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“If this effort succeeds, it will not only improve outcomes in the immediate term, it will lay the foundation for a system that can anticipate risk, protect the vulnerable, and create pathways out of poverty that are sustainable over time.”

On his part, Stastitician General for the Federation/CEO of National Bureau of Statistics (NBS), Prince Adeyemi Adeniran who noted that approximately 63% of Nigerians( equivalent of 133 million people), are multi-dimensionally poor, with deprivation-concentrated housing, sanitation, health, education, and security short, according to NBS 2022 report, averred that: “No single institution can address the complexity of poverty and humanitarian needs alone.”

To this end, he underscored the need for robust collaboration between government, Development Partners, Civil Society Organizations and the private sector to establish a system that is transparent, inclusive and responsive.

While pledging the Bureau’s resolve to play a lead role in achieving the set objectives, Prince Adeniran maintained that “high quality data is crucial for precise targeting and for fostering public trust in the system. NBS is also dedicated to enabling system interoperability. This is the second aspect of our role that I see in this project. Any unified humanitarian and poverty response system must facilitate seamless data exchange across ministries, agencies, and programs that are on course. We collaborate closely with the ministry to promote the adoption of national data standards.”

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Oshiomhole seeks ban on MTN, DSTV, read why

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The senator representing Edo North, Adams Oshiomhole, on Tuesday called for the revocation of licences of South African companies operating in Nigeria, including MTN and MultiChoice, owners of DSTV, following renewed xenophobic attacks against Nigerians in South Africa.

The call came as the National Assembly condemned the latest wave of attacks, urging the Federal Government to take immediate diplomatic and protective measures to safeguard Nigerian citizens abroad.

Speaking during plenary, Oshiomhole said Nigeria must respond firmly, invoking the principle of reciprocity in international relations.

He said, “I don’t want this Senate to be shedding tears, to sympathise with those who have died. We didn’t come here to share tears.

“If you hit me, I’ll hit you. I think it is appropriate in diplomacy. It’s an economic struggle.”

The former Edo State governor proposed that Nigeria should nationalise MTN and withdraw its operating licence, arguing that the company repatriates significant revenue while Nigerians face hostility in South Africa.

“This Senate should adopt a position that MTN, a South African company that is cutting away millions of dollars from Nigeria every day, should have Nigeria nationalise it and withdraw its licence,” he said.

According to him, such action would not only serve as a deterrent but also create opportunities for indigenous firms, amid what he described as economic and social targeting of Nigerians abroad.

He extended the call to MultiChoice, urging the Federal Government to revoke DSTV’s licence over alleged exploitative practices.

“I call on the Federal Government to revoke DSTV, which is also a South African company that is cutting away millions of dollars,” he said.

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Oshiomhole linked the recurring tensions to domestic political dynamics in South Africa, noting that anti-immigrant rhetoric had become a feature of its politics and was shaping public attitudes toward foreign nationals, including Nigerians.

“When we hit back, the president of South Africa will go on his knees to recognise that Nigerians cannot be intimidated,” he said.

The senator made the remarks while contributing to a motion sponsored by Osita Izunaso, which was read on the floor by Aniekan Bassey under Senate rules on matters of urgent public importance.

Titled “A call for urgent national diplomatic and humanitarian action to defend the dignity, safety and honour of Nigerian citizens,” the motion highlighted growing concerns over the safety of Nigerians in South Africa.

Also speaking, Senator Victor Umeh described the situation as alarming, warning that Nigerians were living in fear.

“It is worrisome. They are hiding for their lives. They can’t move freely. This is a situation where people are paying good with evil,” he said, referencing Nigeria’s historical support for the anti-apartheid struggle.

Umeh called on the African Union to intervene and impose sanctions, warning that Nigeria could no longer tolerate attacks on its citizens.

“The AU, of which South Africa is a member, should rise now and impose necessary sanctions,” he said, adding that “we cannot allow this to continue.”

Oshiomhole, however, doubled down on calls for economic retaliation, arguing that Nigeria must move beyond rhetoric.

“I don’t want this Senate to be shedding tears to sympathise with those who have died. We didn’t come here to shed tears. I am not going to shed tears. If you hit me, I hit you. I think it is appropriate in diplomacy. It is an economic struggle,” Oshiomhole said.

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He further argued that Nigerians should take advantage of opportunities in the local economy, currently dominated by foreign firms.

Senator Abdul Ningi warned South Africans over recent attacks on Nigerians, threatening that the country would take the fight to their territory.

“If a crime has been committed under the South African law, they have the right to bring any such person to justice, but to kill our people as if we are helpless, we will not allow that.

“If these things continue, we have alternatives, we have options, and therefore, these words should be sent across South Africa. We know where South Africans are, not only in Nigeria but all over Africa, and we can take this fight to their territory,” he said.

Speaking, the Senate President, Godswill Akpabio, decried the attack, adding that the National Assembly would send a joint team to meet with the South-African parliament on the matter.

“This is just not acceptable, this is barbaric, this is cruel, this is unheard of, this is strange behaviour, and we’re not seeing action from the government of South Africa. These are aspects that annoy me,” Akpabio said.

The development underscores mounting pressure on the Federal Government to adopt a tougher stance, as recurring xenophobic violence in South Africa continues to strain diplomatic relations and provoke calls for both economic countermeasures and stronger protections for Nigerians abroad.

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Naira gains, trades 1,365/$ at official FX market

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…NFEM rate — N1,365.2474/$

…Naira strengthens by at least N9

…Black market (Buying and selling rates) — N1,390 — N1,400

The Nigerian naira strengthened against the United States (US) dollar, trading at N1,365.2474 at the Central Bank of Nigeria (CBN) official foreign exchange window on Monday, 4th May, 2026.

According to the data shared on the official platform of the Central Bank of Nigeria (CBN), the naira traded at the Nigerian Foreign Exchange Market (NFEM) rate of N1,365.2474 per dollar and closed at N1,367.5000 per dollar.

Tribune Online reports that the Nigerian currency traded at an NFEM rate of N1,374.9431 on 30th April 2026, which was the previous trading date. Comparing this with the trading rate on Monday, the naira strengthened by at least N9.

At the parallel market, the naira-to-dollar buying rate decreased by N3, while the selling rate increased by N2, compared with the previous trading rate on 30th April, 2026.

According to Aboki FX, the Naira-to-dollar exchange rate at the black market on Monday, 4th May, 2026, was N1,390 for the buying rate and N1,400 per dollar for the selling rate.

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Experts promote rabbit value chain investment

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Experts in animal production have identified rabbit farming as a viable avenue for economic growth, job creation, and improved nutrition in Nigeria.

The experts made this known during a public lecture held at the Bauchi State College of Agriculture on Friday as part of activities marking Rabbit Appetite Day.

Speaking at the event, a registered animal scientist and lecturer at the Federal Polytechnic Damaturu, Sani Muazu, said there was a need to promote both the consumption and commercial production of rabbits across the country.

He described rabbit production as a largely untapped but promising sector capable of contributing significantly to Nigeria’s economy.

“Rabbit farming in Nigeria is still underdeveloped, with only about three to five per cent of the population engaged in the enterprise, mostly at small-scale family levels where farmers keep an average of two to seven breeding females. Despite this, the sector offers vast opportunities for expansion and commercialisation,” he said.

Muazu noted that rabbits are highly productive animals, with a gestation period of about 30 days and the capacity to produce up to 20 or more offspring annually.

He added that their low feeding and housing requirements make them suitable for students, smallholder farmers, and urban residents seeking alternative sources of income.

According to him, rabbit production extends beyond farming to other economic activities such as breeding, feed supply, veterinary services, processing, and marketing.

He also highlighted the nutritional value of rabbit meat, describing it as rich in protein, low in fat, and suitable for addressing protein deficiency in the country.

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On environmental sustainability, Muazu said rabbits require less land and water and emit fewer greenhouse gases compared to larger livestock, making them suitable for climate-smart agriculture, particularly in semi-arid regions.

However, he identified low public awareness and high mortality rates among young rabbits as major challenges hindering the sector’s growth.

He urged students and youths to take advantage of opportunities in rabbit farming by starting small-scale ventures that could grow into profitable agribusinesses, while calling on government and private sector players to invest in the development of the rabbit value chain.

In his remarks, the Provost of the Bauchi State College of Agriculture, Dr Ahmed Isah, described the event as timely and impactful, noting that it would encourage students to embrace self-employment through agriculture.

“Such initiatives are critical in addressing unemployment. Graduates can become employers of labour through ventures like rabbit farming,” he said.

He also encouraged members of the public to engage in rabbit production, describing it as a profitable and easy-to-start enterprise with the potential to improve livelihoods and boost the nation’s economy.

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