The government of Nigerian President Muhammadu Buhari has issued a denial after a state governor accused it of siphoning off more than $1 trillion from the country's budget, the Guardian reports.
Gov.
Bala Mohammed of Bauchi State, who is also a member of the All Progressives Congress, accused the government of siphoning off funds from the country's Social Investment Program, which was launched in 2016 to fight poverty and boost the economy.
"Over N1 trillion Federal Government's Social Investment Program has been siphoned by public and political office holders under President Muhammadu Buhari's nose," Mohammed said in a statement.
But the government says Mohammed's claims are "manifestly false" and "have absolutely no bearing to the realities on ground."
The government's national coordinator, Binjac Umar, says the NSIP is "well positioned to deal with myriad issues, such as man-made disasters, inadequate distribution of social amenities among the citizenry, and the overall economic status of Nigerians, also improve their overall economic status."
He says the government has a five-year plan to deliver on its promise to lift 100 million people out of poverty by 2025. Read the Entire Article
A customized collection of grant news from foundations and the federal government from around the Web.
UK will be celebrating its first national celebration of social enterprises dubbed as Social Saturday. World famous celebrity chef Jamie Oliver, who founded the Fifteen restaurant chain.