NIGERIA’S GREAT RESET – PART 17
Tinubu’s N1.4trn Social-Protection Reset: Turning Economic Reform Into People-Centred Governance By Gloria Fraser President Tinubu’s approximately $1 billion social-protection programme could become the human face of Nigeria’s economic reset—protecting vulnerable
President Tinubu's N1.4 trillion social-protection programme marks a crucial step in Nigeria's economic reform, aiming to protect vulnerable citizens while fostering pathways from hardship to self-reliance. The initiative addresses poverty, healthcare, education, skills, and household resilience. President Tinubu acknowledged that robust growth must be felt in every household, not just national statistics.
The Renewed Hope Social Protection Programme, valued at approximately N1.4 trillion, includes the Household Prosperity and Empowerment Social Protection Project (HOPE-SP). The One-Humanitarian-One-Poverty Response System aims to connect humanitarian assistance, poverty reduction, and household data, reduce duplicated interventions, and track progress towards stability.
The programme seeks to function as both a safety net and a ladder, providing support for those unable to support themselves and productive resources for those able to climb. Transparency in reporting household validations, payments, and measurable results is crucial to ensure accountability and protect the achievement from allegations of diversion or political manipulation.
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