By Lucy Ogalue
The Independent Media and Policy Initiative (IMPI), has commended President Bola Tinubu for adopting a multidimensional approach to tackle poverty in the country.
The IMPI Chairman, Niyi Akinsiju, said this in a statement on Wednesday in Abuja.
The think-tank said this in its latest policy statement, titled “Understanding Tinubu’s Law of Requisite Variety: A Framework for Multidimensional Poverty Reduction” .
Nwankwo described the ongoing economic reforms as a strategic blend of fiscal and monetary measures designed to deliver inclusive growth.
He said the administration’s policies demonstrated a deep understanding of Nigeria’s complex poverty structure and the need for coordinated solutions across sectors.
Nwankwo said IMPI ’s analysis showed that the government’s economic measures, including subsidy removal, exchange rate unification, and expansion of social investment programmes, were beginning to align fiscal discipline with social welfare objectives.
He said that Tinubu’s economic approach reflected the law of requisite variety, which recognised that only diverse and adaptable policy tools could address complex national challenges such as poverty and inequality.
According to him, the combination of prudent debt management, fiscal restructuring, and support for production-led growth is gradually restoring investor confidence and stabilising the macroeconomic environment.
He said the ongoing interventions in agriculture, Micro Small and medium (MSMEs) development, and the digital economy was already showing signs of impact.
“There are signs of expanding income opportunities and reducing vulnerability among low-income households.
“Poverty in Nigeria is multidimensional, involving not just income deprivation but also lack of access to education, healthcare, and economic opportunity.
“What we are seeing under the Tinubu administration is a shift from piecemeal solutions to an integrated policy framework,’’ he said.
Nwankwo urged sustained monitoring and policy alignment among federal agencies to ensure that the gains of current reforms translate into measurable poverty reduction outcomes.
He also called for continued partnership between the government, private sector, and civil society in implementing people-centred programmes that guaranteed social inclusion and equitable economic growth.
The IMPI boss reaffirmed the group’s commitment to providing research-based policy insights that supported the government’s Renewed Hope Agenda and promote accountability in governance. (NAN)(www.nannews.ng)
Edited by Ese E. Ekama-William
