In a groundbreaking collaboration, the Government of Nigeria, in partnership with UNICEF and other stakeholders, has pledged to prioritize and enhance social protection measures to combat poverty and address the pressing challenges faced by the nation.
Elanza News reports that Nigeria, the most populous country in Africa, has been grappling with significant obstacles in human capital development, including deficiencies in health, education, nutrition, water, hygiene, sanitation, and child protection. Recognizing the urgency of the situation, the government has taken decisive action to implement comprehensive and effective social protection strategies.
One of the key initiatives introduced by the Government of Nigeria is a cash transfer program, which aims to provide immediate economic relief to impoverished and vulnerable households. Over a three-month period, eligible families will receive 25,000 Naira, helping to alleviate financial burdens and mitigate the socio-economic impact of recent economic reforms.
“Our objective is to establish a robust support network that addresses the diverse needs of our citizens, particularly children and families, leading to improved outcomes in health, education, and overall well-being. It is imperative that we collaborate and bridge gaps to strengthen coordination,” emphasized Mr. Wale Edun, Minister of Finance and Coordinating Minister of Economy.
Speaking on behalf of the Social Protection Development Partners Group, Cristian Munduate, UNICEF Representative in Nigeria, stressed the importance of child-sensitive social protection in realizing the rights and potential of every child. While acknowledging the government’s significant progress in implementing various programs and a single registry, Munduate emphasized the need for stronger linkages between social protection and essential services, particularly in health, education, and nutrition.
Despite the strides made, the coverage of social protection programs remains limited, with only 7 percent of children currently benefiting from these initiatives. Fragmentation and inefficiency resulting from weak coordination mechanisms further hinder progress. To address these challenges, the Social Protection Cross Learning Summit aims to generate actionable insights and foster collaboration among key stakeholders to enhance coverage, coordination, and financing of social protection interventions.
The summit, Elanza News gathered, sets forth several objectives, including raising awareness about the potential of social protection in mitigating poverty, promoting economic stability, and fostering inclusive growth through social assistance, social security, and labor market regulation. Additionally, it seeks to propose measures that improve delivery and coordination mechanisms to ensure the effective coverage and impact of social protection programs. Lastly, the summit aims to elicit commitments from government bodies, international organizations, and private sector stakeholders to finance social protection initiatives through innovative financing mechanisms.
In a resounding demonstration of their dedication, Elanza News reports that the Government of Nigeria, UNICEF, and partners have reaffirmed their commitment to advancing social protection aligned with essential services. To this end, a communique has been signed, paving the way for the introduction of a Universal Child Benefit and an increase in public spending on social protection by 2 percent.
Elanza News reports that these measures aim to reduce multidimensional poverty and promote equitable development, ensuring a brighter future for all Nigerian citizens.