In Today’s Latest Npower News For Tuesday 16th May 2023, we will be discussing the latest fund approved by FG for Npower and another related programme across the Country. So keep reading!
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According to the information reaching us, the Federal Government approved the total sum of N19.24bn for the training of 50,000 non-graduate N-power beneficiaries and the procurement of taxiway lighting system in the Port Harcourt, Lagos and Abuja airports.
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Included in the amount are the expenses for consultancy services related to the Dadin Kowa 40MW power project located in Gombe State, as well as the furnishing of the 10-story headquarters of the Nigerian Maritime Administration and Safety Agency situated in Victoria Island, Lagos.
During an extraordinary meeting of the Federal Executive Council presided over by Vice President Yemi Osinbajo at the State House in Abuja, Sadiya Farouk, the Minister of Humanitarian Affairs, Social Development, and Disaster Management, along with her counterparts from the Ministries of Aviation, Education, and Water Resources, disclosed this information to journalists.
The Federal Government had also authorized the engagement of four of its agencies, including the National Institute of Transport Technology and Industrial Training, to train 50,000 Non-Graduate N-Power beneficiaries for nine months.
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HM Sadiya Umar Farouq said “The other memo is submitted, which is to seek Council’s approval for the engagement of four federal agencies for the training of the non-graduates N-Power beneficiaries. This is in the total sum of N14.21bn with 7.5% as VAT.”
The non-graduate category of the N-Power programme provides training and tools to participants in areas such as agriculture, hospitality, construction, ICT and creative industries. Participants in this category receive a monthly stipend during the training period and are also provided with the necessary tools and resources to start their businesses or gain employment in their chosen sectors.