President Muhammadu Buhari on Saturday said in his quest to develop Nigeria’s economy, he facilitated the National Social Investment Programme (NSIP) that provided N-Power, TraderMoni, MarketMoni and other subsidised loans to reduce poverty and create employment opportunities among the people.
Newsbreak.ng reports that Buhari stated this in what would be his last Independence Day address to Nigerians on October 1, 2022.
According to him, “The Federal Government is already expanding port operations to ensure that they provide opportunities for the growth of the Nigerian economy.
“We have also continued to accelerate our infrastructure development through serviceable and transparent borrowing, improved capital inflow and increased revenue generation by expanding the tax bases and prudent management of investment proceeds in the Sovereign Wealth Fund.”
Buhari also noted that no village in the country was left behind in the regime’s Social Investment Programmes such as N-Power, trader-moni, market moni, and others.
“I am pleased to inform my fellow citizens that besides our emphasis on infrastructural development with its attendant opportunities for job creation, employment generation and subsequent poverty reduction, our focused intervention directly to Nigerians through the National Social Investment Programme is also yielding benefits.
“All the aforementioned programmes along with various interventions by the National Social Investment programme, direct support to victims of flooding and other forms of disasters have provided succour to the affected Nigerians,” Buhari said.