Tinubu approved additional funding for empowering adolescent girls: FG

Education minister Tahir Mamman said on Monday that President Bola Tinubu had approved additional funding for the training and empowering of adolescent girls in the country.
Mr Mamman disclosed this while addressing State House correspondents on the outcome of the Federal Executive Council (FEC) meeting at the Presidential Villa, Abuja.
The minister said, “Two things I want to mention and comment on, which are very important parts of the deliberations and resolutions in the council today. One is additional funding for the training and empowerment of adolescent girls in Nigeria. One of the major policies of government is to target the education, training and empowerment of young girls in society.
“Initially from seven participating states, we will now have about 11 additional states participating in this project, which will lead to the empowerment of girls between 10 and 20, right across the participating states.”
He said Mr Tinubu’s government was working to reduce the incidents of out-of-school children in Nigeria.
“It is actually quite in line with part of the agenda of this government to ensure that the number of girls and people who are out of school is reduced, if not eliminated altogether,” stated the education minister. “Today, the council took a very major decision to review policy so that the Public Procurement Act is brought into practice as it were, as to the handling of projects and government activities in Nigeria.”
Mr Mamman said this would enable the Public Procurement Council to exercise its powers under the act, and then the council would now concentrate on issues of national importance and issues of policy.
On his part, Wale Edun, the minister of finance and coordinating minister of the economy, confirmed that FEC approved funding for the training and empowerment of adolescent girls.
Mr Edu disclosed that he presented five memos at the FEC meeting, which were gracefully approved. He said the memos had to do with concessional and zero-interest financing by the World Bank and the International Development Association, which was the very concessional financing arm.
The minister said the projects approved for funding were in the power and renewable energy sectors.
Mr Edu further said states had a funding provision for resource mobilisation programmes to help them with their internally generated revenue efforts.
“There was a project for adolescent girls’ initiative for learning and empowerment, essentially, as it says, it is a programme to support young girls from the age of 11 to secondary school age,” Mr Edu explained. “It is to ensure that at the end of their schooling, they have one skill or the other that is marketable, as well as the academic laurels.”
The minister also disclosed that the FEC approved funds for financing women’s projects as additional ventures.
“The first one was very successful. It was all about empowering women, upscaling their skills level, and of course, giving them some financial inclusion, including in the banking system.
“So those were five loans totalling $3.45 billion. And as you know, the tenure is all around 40 years, moratorium period of around 10 years and interest very low, or in the cases of the loans, zero interest, although some fees would be incurred,” Mr Edu said.
(NAN)
We have recently deactivated our website's comment provider in favour of other channels of distribution and commentary. We encourage you to join the conversation on our stories via our Facebook, Twitter and other social media pages.
More from Peoples Gazette

States
Independence: NBA urges Nigerians to expect better future
The NBA said that ordinary Nigerians should be deriving benefit from the subsidy removal rather than hardship.

Agriculture
FG tasks ECOWAS on leveraging financing strategies for agroecology
The federal government has urged stakeholders in the agriculture and finance sectors in the West Africa region to leverage financing strategies to enhance agroecology practices

Politics
Katsina youths pledge to deliver over 2 million votes to Atiku
“Katsina State is Atiku’s political base because it is his second home.”

States
Miners’ Deaths: FG donates N250 million to families of 37 victims
Mr Shettima conveyed the condolences of President Bola Ahmed Tinubu to the government and people of the state over the tragedy.

States
Troops rescue captives after bandits attack in Zamfara
The army said security forces have intensified operations to deny criminal elements freedom of movement.

World
UK court sentences Abdullah Sabah Albadri who planned terrorist attack on Israeli embassy to 20 years in prison
Mr Albadri was sentenced after an investigation by Counter Terrorism Policing London found him guilty of preparation of terrorist acts.

States
32 people aboard crashed military helicopter in Ondo; rescue operation ongoing: Keyamo
Mr Keyamo said, “Preliminary information suggests that there were 25 passengers and seven crew members on board.”

NationWide
Atiku praises Nigerian teachers, says Tinubu can’t understand their plights since he had no teacher, classmate
“It is both revealing and deeply embarrassing that Bola Tinubu cannot name a single teacher who stood before him,” Mr Abubakar said.

NationWide
Tinubu promised to improve security with savings from fuel subsidy removal, yet Nigerians languish in captivity: Atiku
Mr Abubakar decried the recent abduction of 20 prospective corps members and the prolonged captivity of Borno schoolchildren abducted in May.





