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Westtrybe > Blog > News > Nigerian News > FG Launches $1bn HOPE-SP Scheme To Move Nigerians Out Of Poverty
Nigerian NewsGovernment

FG Launches $1bn HOPE-SP Scheme To Move Nigerians Out Of Poverty

Last updated: August 27, 2026 7:08 pm
Hussaini Sulaiman
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The Federal Government has launched a $1bn social protection programme aimed at supporting vulnerable Nigerians and creating sustainable economic opportunities to help households move out of poverty.

The Household Prosperity and Empowerment Social Protection Project, known as HOPE-SP, was formally unveiled by the First Lady, Senator Oluremi Tinubu, at the Banquet Hall of the State House, Abuja.

The programme, themed “From Palliative to Pathways,” is designed to strengthen Nigeria’s social protection system by shifting government interventions from short-term relief towards longer-term economic empowerment and self-reliance.

The launch comes as the Federal Government continues to reposition its social intervention programmes around measures aimed at reducing household vulnerability and creating sustainable sources of income for poor Nigerians.

Speaking at the event on behalf of Nigerian governors, Borno State Governor Babagana Zulum said the programme could play an important role in addressing some of the socio-economic conditions contributing to insecurity across the country.

Zulum argued that poverty, illiteracy and social inequality were among the factors that continued to expose communities to insecurity, insurgency and other forms of instability.

He said security challenges could not be permanently addressed through military operations alone without tackling the underlying conditions that make communities vulnerable.

“The kinetic measures alone will not end the insurgency. Addressing the socio-economic and political dimensions of the crisis is critical to addressing insecurity challenges in Nigeria,” Zulum said.

According to the governor, interventions such as HOPE-SP could help reduce poverty and provide vulnerable Nigerians with opportunities to improve their livelihoods, thereby addressing some of the socio-economic factors that contribute to instability.

He assured the Federal Government that state governments would cooperate with the relevant federal institutions to ensure effective implementation of the programme.

Zulum, however, cautioned that the success of the $1bn intervention would depend heavily on the credibility of its beneficiary selection process.

He identified inaccurate targeting and poor implementation as recurring problems that have affected social intervention programmes in Nigeria and other countries.

The governor urged the Federal Ministry of Humanitarian Affairs and Poverty Reduction to establish clear vulnerability criteria for identifying beneficiaries and ensure that the process was transparent and inclusive.

“I want to call upon the Ministry of Humanitarian Affairs to ensure that targeted beneficiaries are selected based on certain vulnerability criteria that will ensure inclusivity,” he said.

Zulum said the selection process must be designed to ensure that government assistance reaches Nigerians who genuinely require support rather than being diverted to people who do not fall within the programme’s target population.

He stressed that transparency in identifying beneficiaries would be essential to building public confidence in the scheme and ensuring that the substantial resources committed to the programme produce measurable results.

The governor also warned against excluding vulnerable households that may not have sufficient access to government institutions or formal economic opportunities.

He said an inclusive system would be required to ensure that poor and vulnerable communities across different parts of the country benefited from the intervention.

Zulum commended President Bola Ahmed Tinubu for introducing the HOPE-SP programme, describing it as an important intervention in addressing the socio-economic dimensions of Nigeria’s security challenges.

He also praised the Federal Ministry of Humanitarian Affairs and Poverty Reduction and other government agencies involved in the initiative.

The governor expressed optimism that HOPE-SP would improve the livelihoods of vulnerable Nigerians if it was implemented transparently and effectively.

He maintained that sustainable peace required governments to combine security operations with investments in human development, poverty reduction and economic opportunities.

For vulnerable households, he argued, temporary relief could provide immediate assistance but would not necessarily address the underlying causes of poverty.

He said social protection programmes should therefore create pathways through which beneficiaries could develop sustainable livelihoods and gradually become economically independent.

The approach reflects the central theme of HOPE-SP, which seeks to move government intervention beyond palliatives towards longer-term economic opportunities.

Rather than focusing exclusively on immediate consumption support, the programme is expected to strengthen the capacity of vulnerable households to participate in economic activities and improve their living standards.

The initiative also comes against the backdrop of continuing concerns over poverty and economic vulnerability in Nigeria, with millions of households facing pressure from rising living costs and limited income opportunities.

Effective social protection has consequently become an increasingly important component of government policy, particularly for households struggling to cope with economic shocks.

However, the scale of the HOPE-SP funding also places greater importance on accountability, monitoring and effective coordination between federal and state authorities.

The identification of beneficiaries is expected to be particularly important because inaccurate targeting could undermine the programme’s objectives and reduce its impact on the poorest households.

Zulum’s warning therefore places implementation and beneficiary selection at the centre of the discussion surrounding the new intervention.

He said governments must ensure that the programme translates into tangible improvements in the lives of vulnerable Nigerians rather than becoming another short-term intervention with limited lasting impact.

The launch was attended by the Minister of Humanitarian Affairs and Poverty Reduction, Dr Bernard M. Doro; the Minister of Budget and Economic Planning, Senator Abubakar Atiku Bagudu; senior government officials and other stakeholders.

The Federal Government is expected to work with state governments and relevant agencies in implementing the programme across the country.

The partnership will be particularly important given the different levels of poverty, vulnerability and insecurity across Nigeria’s geopolitical zones.

For states affected by insurgency, banditry and other forms of insecurity, programmes that address poverty and economic exclusion could complement conventional security operations by reducing the vulnerability of communities.

Zulum’s comments also highlight the growing argument that Nigeria’s security challenges require a combination of military, political, economic and social interventions.

The HOPE-SP programme is therefore being positioned not only as a poverty reduction initiative but also as part of a broader effort to strengthen social resilience and reduce vulnerability.

West Trybe reports that the $1bn HOPE-SP scheme represents a major expansion of Nigeria’s social protection strategy, but its impact will ultimately depend on transparent beneficiary selection, effective implementation, accountability and sustained monitoring to ensure that resources reach the vulnerable Nigerians for whom the programme was designed.

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ByHussaini Sulaiman
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Hussaini Ibrahim is a Nigerian journalist with over seven years of experience in political and governance reporting. He currently covers Northern Nigeria for West Trybe Media, reporting on politics, government, public policy, and major events across the region.
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