Stella Dimoko Korkus.com: FEC Approves N5.595bn For Creation Of 60,000 Jobs

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Wednesday, April 03, 2019

FEC Approves N5.595bn For Creation Of 60,000 Jobs

THE Federal Executive Council, FEC, on Wednesday approved N5.595 billion for the creation 60,000 jobs for youths in the country.




This was disclosed by the Minister of Budget and Economic Planning Senator Udoma Udo Udoma while briefing State House correspondents after the weekly FEC, meeting presided over by President Muhammadu Buhari at the Council Chamber, presidential villa, Abuja.

Senator Udoma explained that the contract which is under the N-Power Knowledge Multipack project was earmarked to train 12,000 youths between 18 and 25 years old.

He said that each of the 12,000 youths will be empowered to train five youths, bringing the total beneficiaries to 60,000.

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

From vanguard

15 comments:

  1. Laughing in igbira! That money will be swallowed!

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  2. Polithieves approves money for their sharing formular

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  3. Stella forget this ur excited emoji. No be today dem don dey approve billions and trillions in regards to job creation. Just watch and see jow unemployment will remain as it is,if not higher. Na selfish leaders we get for this our country.

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  4. Hope the job will go round and not just one ethnic group or until you know somebody that know somebody. Good move.

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  5. Hope the job will go round and not just one ethnic group or until you know somebody that know somebody. Good move.

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  6. N power again.
    What of God jobs
    What is 30k after four to five years in school

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  7. Odiegwu! Which jobs?

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  8. Avenue for them to embezzle

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  9. What about those that are above 25? FG una don't start again.

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  10. 60,000 in a population of 100 million plus?! Smh

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  11. Permanent solution to the Nigeria problem.
    1. Decentralised federation
    2. Each region keeps 80% of its revenues generated and 20% goes to the central government.
    3. Each state has its own police, power generation, judiciary system with a central supreme court ( with equal representation from each region)
    4. A national military with only sole purpose of defending against external aggression.
    5. Each region would control its own resources, develop at its own pace and the economy would naturally diversify.
    6. Armed robbery attack, fulani herdsmen killings would disappear overnight.
    7. Corruption would reduce drastically.

    2nd option: disintegration of Nigeria.#copied

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  12. Criminals everywhere.

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  13. Ask about this in the next two years....it would have gone with the wind....

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  14. They think creating jobs is just to write the names in ledger and file it. All our civil servants, how well are they enjoying the jobs and benefits? What are the jobs for? How will they grow the economy? Will these jobs create revenue enough to pay themselves? This billion is the first official loot after election. Bottom line will be 60,000 more jobs where workers will go unpaid. They should use the money to pay those they are owing first.

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