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SIP targets the poor- VP Osinbajo

SIP Beneficiaries

Vice President, Prof Yemi Osinbajo says the problem of extreme poverty in country is a great concern.

Prof Osinbajo stated this at a dinner and Interactive session with Faculty Members, Harvard Business School on Tuesday in Lagos.

The vice president featured alongside Professor of Business Administration, Srikant Datar, and Bayo Ogunlesi, a Nigerian banker moderated by Chairman of Metis Capital Partners, Hakeem Bello-Osagie.

Prof Osinbajo said that government policies were targeted at the people at the grassroots through Agriculture and credit facilities to farmers to achieve food sufficiency.

He explained that Social Intervention Programmes (SIP) was aimed at providing cheap credit to petty traders at the bottom of the pyramid.

“I will like to see Nigeria being an industrialized nation in the next 10 years; a very strong middle class and most people living above poverty line.’’ He stated.

“If you are going to do business anywhere in Africa, it has to be Nigeria.

“This is where you have the energy; you have the drive.

In a vote of thanks, Emir of Kano, Alhaji Muhammadu Sanusi II, called for a drastic move to address the high poverty rate in country.

He emphasized early enrollment of girl-child education in schools as future leaders and to uplift their living standards.

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