Home LOCAL FEC approves N14.3bn for training of 50,00 N-Power beneficiaries

FEC approves N14.3bn for training of 50,00 N-Power beneficiaries

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The Federal Executive Council (FEC) has approved over N14.3 billion for the training of non-graduate beneficiaries of the N-Power programme, one of the components of the country’s Social Investment Programme.

Sadiya Farouq, Minister of Humanitarian Affairs, Disaster Management and Social Development, stated this while briefing newsmen after Wednesday’s cabinet meeting presided over by President Muhammadu Buhari.

The Minister said 7.5% VAT would be charged on the contract sum.

“These non-graduate beneficiaries of N-Power are going to be trained for nine months, after which they will be given starter packs. Then, they will go and start their own businesses.

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“This is part of the government’s Social Investment Programmes, geared towards supporting our teeming unemployed population, especially the youth”, she said.

Farouq said that four Federal government agencies would be engaged to train the beneficiaries in different skills.

According to the minister, the agencies are the National Institute of Transport Technology (NITT); Industrial Training Fund (ITF); National Institute for Hospitality and Tourism (NIHT) and the Hydro Equipment Development Institute (HEDI).

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