ABUJA- 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 Edun 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 Edun 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 Edun 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 Edun said. (NAN)
