President Bola Tinubu on Thursday unveiled five major social intervention and development programmes valued at approximately $3.05 billion to accelerate poverty reduction, strengthen community resilience, and deepen investment in human capital.

Represented by the Minister of Finance and Coordinating Minister of the Economy, Taiwo Oyedele, the President launched the programmes at the Presidential Villa in Abuja.

The initiatives include the Nigeria Community Action for Resilience and Economic Stimulus Additional Financing (NG-CARES AF), the Solutions for Internally Displaced Persons and Host Communities (SOLID), and the Human Capital Opportunities for Prosperity and Equity programmes—HOPE-GOV, HOPE-PHC, and HOPE-EDU.

“This is not just a set of programmes; these are promises kept.

“Today, we act on our pledge by protecting the vulnerable, empowering communities, and building the human capital that will carry Nigeria forward,” Tinubu said.

He explained that the programmes constitute a unified national strategy aimed at translating recent macroeconomic gains into improved livelihoods through investments in healthcare, education, social protection, livelihoods, and support for internally displaced persons and host communities.

According to the President, NG-CARES will receive an additional $1.25 billion in World Bank financing to support smallholder farmers and small businesses, while SOLID will receive $300 million to assist internally displaced persons and host communities.

He added that the $1.5 billion HOPE package would strengthen primary healthcare, foundational education, teacher development, and governance reforms in public education across the country.

“These five programmes represent one coordinated national strategy for poverty reduction, human capital development, and community resilience,” he said.

Tinubu said Nigeria’s ongoing economic reforms had laid the foundation for inclusive growth, citing rising foreign reserves, easing inflation, and improved economic performance.

“These are not abstract figures; they are the foundation for the next phase of our national development,” he said.

The President added that the Federal Government’s expanded cash transfer programme had reached 15 million vulnerable households.

He urged the Federal Government, state and local governments, development partners, and implementing agencies to ensure effective implementation, stressing that accountability and efficient delivery would determine the programmes’ success.

The Minister of Budget and Economic Planning, Atiku Bagudu, described the initiatives as a whole-of-government response to poverty, the rising cost of living, and Nigeria’s human capital challenges.

“These programmes represent another milestone in translating the Renewed Hope Agenda into concrete interventions that directly touch the lives of poor and vulnerable Nigerians,” Bagudu said.

The Coordinating Minister of Health and Social Welfare, Prof. Ali Pate, said the $570 million HOPE-PHC programme would improve primary healthcare services for about 40 million Nigerians, particularly women, children, and adolescents.

According to him, the programme will reduce maternal and under-five mortality, strengthen primary healthcare facilities, and improve service delivery through performance-based financing.

The Minister of Education, Dr. Tunji Alausa, said the $562 million HOPE-EDU programme would benefit nearly 30 million pupils, support 500,000 teachers, and strengthen 65,000 public schools nationwide.

World Bank Country Director, Matthew Verghis, said the programmes underscored the fact that Nigeria’s greatest asset remained its people, adding that the institution would continue to support reforms that improve education, healthcare, and social protection.

Also speaking, the Minister of Humanitarian Affairs and Poverty Reduction, Bernard Doro, said the interventions would help vulnerable and displaced Nigerians transition from emergency relief to resilience and sustainable livelihoods.

The Nigeria Governors’ Forum and the National Assembly also pledged their full support for the implementation of the programmes.

The event was attended by governors, ministers, development partners, senior government officials, and stakeholders from relevant sectors.