FG inaugurates Steering C’ttee to implement N50bn EEFP
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By Gabriel Olawale
Minister of Industry, Trade and Investment, Otunba Niyi Adebayo, yesterday, inaugurated an 11-man Steering Committee for the implementation of the Export Expansion Facility Programme, EEFP, under the National Economic Sustainability Plan.
The EEFP aims to protect export businesses from the effects of Coronavirus, COVID-19, pandemic, safeguard jobs and de-risk the economy from shocks like pandemic. Its primary goal is to increase Nigeria’s export capacity in the near term and its export volumes in the medium term.
The Federal Government will spend an estimated N2.3 trillion to fund the National Economic Sustainability Plan, but the N50 billion Export Expansion Facility programme would focus on driving economic growth through exports.
Committee on N50bn export facility inaugurated in Abuja
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FG Inaugurates Committee to Implement N50bn Export Facility
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FG flags off ESPW programme for 25,000 benefiting Niger youths FG flags off ESPW programme for 25,000 benefiting Niger youths
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The Federal Government has flagged off the Extended Special Public Works (ESPW) programme for 25,000 beneficiaries in Niger State as part of efforts to cushion the socio-economic effect of Covid-19 in Nigeria.
The Minister of State, Foreign Affairs, Ambassador Zubairu Dada, on Tuesday, at the flag-off ceremony in Minna, said that the programme was adopted as a result of the outcome of its pilot scheme in rural areas, in some eight states of the federation.
He explained that this was in order to gauge its impact on addressing the ballooning population of the unemployed youths and rising insecurity in the country.
774,000 jobs meant to tackle insecurity, unemployment Aregbesola
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Shina Abubakar – Osogbo
The Minister of Interior, Ogbeni Rauf Aregbesola has disclosed that the Extended Special Public Works programme (ESPW) was conceived as a strategy to tackle growing unemployment and insecurity in the country.
Aregbesola, who spoke during the flag-off of the Osun State special public works programme at the Local Government Service Commission, Government Secretariat, Abere Osun State.
The Minister who was represented by the former Commissioner for Agriculture and Food Security in the State, Mr Kunle Ige, said the programme is aimed at addressing the most vulnerable people in the society from the economic effect of the coronavirus pandemic.