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News

FEC okays N5.5 billion to create 60,000 jobs

written by Esther faroye April 3, 2019
FEC okays N5.5 billion to create 60,000 jobs

The Federal Executive Council, FEC, has approved five-point-five billion naira towards creating sixty thousand jobs in the country. The contract, under the N-Power Knowledge Multipack project, target to train twelve thousand youths between eighteen and twenty-five years old.

 

The twelve thousand youths will in turn be empowered to train additional youths, bringing the total beneficiaries to sixty thousand. The Minister of Budget and National Planning, Udoma Udo Udoma, briefed State House correspondents at the end of FEC meeting chaired by President Muhammadu Buhari at the Presidential Villa, Abuja today.

According to him, the contract, which was awarded under the Social Investment Programmes, will make provision of N259, 000 each for training the youths and N207, 000 each for their tools.

The Minister of Finance, Zainab Ahmed disclosed that $6.8 million loan was approved for rebuilding of school in the North East. The Special Adviser to the President on Media and publicity, Femi Adesina, said that 20 new ecological projects have been completed across the country.

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