Home Uncategorized UNHCR, Multinationals Key Into FG’s Humanitarian And Poverty Alleviation Trust Fund

UNHCR, Multinationals Key Into FG’s Humanitarian And Poverty Alleviation Trust Fund

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Dr. Betta Edu (L) and the MTN Chief Corporate Services Officer, Mr Tobechukwu Okigbo

The United Nations High Commission for Refugees (UNHCR), Chevron,  MTN Foundation and other multinationals have have started keying into the Federal Government’s Humanitarian and Poverty Alleviation Trust Fund.

A press release by the Special Adviser on Media and Publicity to the Minister, Rasheed Olanrewaju Zubair, said the innovation  of President Bola Tinubu on Humanitarian and Poverty Alleviation trust fund is beginning to gain momentum following the various interest from multinationals.

The aim of the trust fund is to  knock out poverty and humanitarian crises in the country and  provide a readily available pool of funds from government, private sector, other countries and  philanthropic individuals  to address the National social safety programmes targeted at poverty alleviation as well as humanitarian emergencies devoid of  bureaucratic bottle necks.

Recall that the Chairman and members of the Federal Executive Council of Nigeria had  on Monday approved the creation of the Humanitarian and Poverty Alleviation Trust Fund, which is a flexible form of financing as the Minister for Humanitarian Affairs and Poverty Alleviation, Dr Betta Edu had announced that the fund will attract $5 billion annually.

The fund is designed to help Nigeria  respond to humanitarian crises, emergencies and internal displacement challenges as well as adequately address the issue of poverty in the country.

As part of the efforts to actualize  this set goals, Minister for Humanitarian Affairs and Poverty Alleviation, Dr Betta Edu on wednesday commenced serious engagements with with private sector and others to achieve their buying in and contributions to the success of the Trust Fund. 

The minister who met wednesday with the General Manager Policy Government and Public Affairs,Mr Esimaje Brikinn and  Director Government Affairs,Mr Sam Daibo  as a follow up of  engagement with the President of Chevron Clay Neff in New York on the side lines of UNGA78.

The multinational organisation (Chevron) has shown commitment on their  expected support to Nigeria on humanitarian and poverty alleviation, especially within the Niger Delta region. 

Both parties agreed to work out the  details  in the subsequent meetings.

Also, the  minister held a strategic meeting with Mr Tobechukwu Okigbo,the Chief Corporate Services Officer ahead of the meeting with the MTN Foundation on their support to the Presidential  Trust Fund which to be used for Humanitarian Response and Poverty alleviation in country.

In the same vein, the UNHCR West and Central Africa, also pledged their commitment in the support of the Nigerian government to achieve results.

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