Tinubu Launches $3.05bn NG-CARES, HOPE, SOLID Programmes to Tackle Poverty, Strengthen Human Capital

President Bola Ahmed Tinubu has unveiled three flagship intervention programmes worth $3.05 billion aimed at accelerating poverty reduction, strengthening human capital development and improving livelihoods across Nigeria.

The programmes—Nigeria Community Action for Resilience and Economic Stimulus Additional Financing (NG-CARES AF), the Solutions for Internally Displaced and Host Communities (SOLID) Programme, and the Human Capital Opportunities for Prosperity and Equity (HOPE) initiative—were launched on Thursday at the State House Conference Centre in Abuja. The President’s keynote address was delivered by the Minister of Finance and Coordinating Minister of the Economy, Prof. Taiwo Oyedele.

Describing the initiatives as a major milestone under the Renewed Hope Agenda, Tinubu said they represent the Federal Government’s commitment to ensuring that the gains of ongoing economic reforms translate into tangible benefits for Nigerians, particularly the most vulnerable.

He said the interventions form part of the Renewed Hope Development Plan (2026–2030), which focuses on economic diversification, human capital development and strengthening state institutions to achieve inclusive growth and build a $1 trillion economy by 2030.

Tinubu noted that the $1.25 billion NG-CARES Additional Financing programme will expand support for smallholder farmers, micro, small and medium enterprises and vulnerable households, while the $300 million SOLID Programme is designed to improve infrastructure, livelihoods and social services for internally displaced persons and their host communities.

The President added that the $1.5 billion HOPE initiative—comprising HOPE-GOV, HOPE-PHC and HOPE-EDU—will strengthen governance at the ward level, improve primary healthcare delivery, enhance foundational education in public schools and provide greater support for teachers.

He said the programmes complement the administration’s economic reforms, pointing to improvements in key macroeconomic indicators, including stronger GDP growth, rising foreign reserves, easing inflation and the expansion of social protection programmes that have reached millions of vulnerable households.

Tinubu urged state governments, local authorities, development partners and implementing agencies to work together to ensure the successful delivery of the programmes, stressing that their success would be measured by improved living standards, expanded opportunities and more resilient communities across the country.