President Bola Ahmed Tinubu has launched a $3.05 billion package of social investment and human capital development programmes aimed at accelerating poverty reduction, strengthening community resilience and improving access to healthcare, education and governance across Nigeria.

The programmes include the Nigeria Community Action for Resilience and Economic Stimulus Additional Financing (NG-CARES), the Solutions for Internally Displaced and Host Communities (SOLID) initiative, and the Human Capital Opportunities for Prosperity and Equity (HOPE) programmes covering governance, primary healthcare and education.

Speaking at the launch through the Minister of Finance and Coordinating Minister of the Economy, President Tinubu said the initiatives are designed to ensure that the gains from ongoing economic reforms translate into tangible improvements in the lives of ordinary Nigerians.

The President said the programmes will expand livelihood opportunities, strengthen social protection, support internally displaced persons and vulnerable communities, and improve public service delivery across the country.

The intervention forms part of the Renewed Hope Agenda and is expected to mobilise coordinated investments in poverty reduction, healthcare, education and community development to improve the well-being of millions of Nigerians.