EU Invests €46 Million to Enhance Nigeria’s Social Protection System

The EU has committed €46 million to improve Nigeria’s social protection system through the “Sustainable Social Protection System in Nigeria” program. This initiative aims to strengthen social safety nets and enhance responsiveness to crises, with initial implementation in four states over three years.

The European Union (EU) has pledged a sum of €46 million to fortify Nigeria’s social protection system through a new initiative named “Sustainable Social Protection System in Nigeria.” Launched at the United Nations House in Abuja, this program represents a significant advancement toward establishing comprehensive social safety nets in Nigeria. As clarified by Osagie Jacobs J.I., Director of Information & Public Relations at the Federal Ministry of Budget and National Planning, this initiative was developed through a collaborative effort between the Federal Ministry of Budget and Economic Planning (FMBEP) and the EU.

In summary, the EU’s €46 million commitment aims to enhance Nigeria’s social protection system, focusing initially on four states over three years. The program seeks to fill the gaps in the National Social Protection Register while ensuring swift responses to economic and social challenges. Collaborative implementation with UNICEF and ILO signifies a strong partnership dedicated to uplifting the most vulnerable communities in Nigeria.

Original Source: nairametrics.com