Categories: Economy And Business Headline

NPower News: FEC Approves N14bn To Train 50,000 Non-Graduates

NPower News, FEC has approved N14bn to train 50,000 Non-Graduates.

 

 

Newsonline reports that the Federal Executive Council (FEC) on Wednesday in Abuja approved over N14 billion to train 50,000 non-graduates of N-power for a period of nine months.

 

The meeting, which was presided over by President Muhammadu Buhari at the Council Chamber, Presidential Villa, Abuja, also approved the Business, Facilitation and Miscellaneous Provision Bill.

The approvals were disclosed by the Minister of Humanitarian Affairs, Disaster Management and Social Development, Sadiya Umar-Farouq, and the Attorney-General and Minister of Justice, Abubakar Malami, while briefing State House correspondents on the outcome of the council meeting.

Umar-Farouq explained that the N14 billion would be used to engage four federal government agencies that will be involved in the training of the non-graduates for the period of nine months.

She said: “Today, the Ministry of Humanitarian Affairs, Disaster Management and Social Development submitted a memo to Council, asking Council for approval for the engagement of four Federal Government Agencies that will train our N-Power non-graduate beneficiaries.

“These non-graduate beneficiaries, 50,000 of them, will be trained in different skills, using four government agencies as mentioned.

 

 

“The affected agencies included the National Institute of Transport Technology (NITT), Industrial Training Fund (ITF), National Institute for Hospitality and Tourism and the Hydraulic Equipment Development Institute”.

She added that at the end of the training the beneficiaries of the programme would be handed starter packs to start up their businesses.

 

The Attorney General of the Federation and Minister of Justice, Abubakar Malami, also told correspondents that the council approved the Business, Facilitation and Miscellaneous Provision Bill to consolidate on the reforms and enhance productivity and value.

He explained that the bill was part of the government’s efforts to sustain the legacies achieved through the Presidential Enabling Business Environment Council (PEBEC).

 

The minister revealed that the bill would be forwarded to National Assembly for consideration.

NewsOnline Nigeria

Recent Posts

  • Headline

BREAKING: NERC Takes Major Step To Unbundle TCN And Establish NISO

NERC has taken a major step to unbundle TCN and establish NISO.   NewsOnline Nigeria…

6 hours ago
  • Top Stories

Breakdown of the Proposed N615,000 Minimum Wage By Organized Labour

The breakdown of the proposed N615,000 Minimum Wage by Organized Labour has emerged.   NewsOnline…

6 hours ago
  • Exchange Rates

Black Market Dollar To Naira Exchange Rate Saturday, 4th May 2024

Black market dollar to naira exchange rate Saturday 5th May 2024 can be accessed below.…

6 hours ago
  • Headline
  • Health

Rufai Oseni Raises the Alarm Over President Tinubu’s Whereabouts

Rufai Oseni has raised the alarm over President Tinubu’s whereabouts.   NewsOnline Nigeria reports that…

6 hours ago
  • Economy And Business
  • Headline

MTN Nigeria Announces Tariff Hike To Manage Operating Costs

MTN Nigeria has announced a tariff hike to manage operating costs.   NewsOnline Nigeria reports…

14 hours ago
  • Crime Watch
  • Headline

Sacked EKEDC MD, Tinuade Sanda Embroiled in Fake Certificate Scandal

Sacked EKEDC MD, Tinuade Sanda has been embroiled in a fake certificate scandal.   NewsOnline…

14 hours ago