The Federal Govenrment will continue to drive initiatives to get more Nigerians out of poverty and improve the country’s Human Capital Development indices, Vice President Yemi Osinbajo said so midweek.
He made the remark during a meeting of the National Economic Council’s Human Capital Development Core Working Group at the Presidential Villa, Abuja.
The meeting covered a presentation on Prioritizing and Improving the Human Capital Development base in Nigeria.
Osinbajo said government was committed to driving initiatives to accelerate human capital development in the country, because “lifting our people out of poverty is a crucial agenda towards attaining intended developmental outcomes.”
He said “Poverty as we know is both a cause and consequence of some of what we are looking at in our human capital development deficit. Really, I think we need to focus a lot more on some of the more creative ways of getting our people out of poverty.
“And of course, we have some social investment programmes, we are looking at some of the examples of what India did, some have been tried and tested in such huge populations.
“I think there is a need for us to sensitize our people to why it is that we need to get a large segment of our people out of poverty. Recently, we’ve been launching the TraderMoni scheme, which is basically giving credits to petty traders across the country in the markets and all that.
“We must do even more in terms of giving credits and whatever assistance and support to people, obviously the more money people have, the better it is for them, so they can apply their little resources to some of what we are expected to do to improve human capital development.” he said