FG releases N288bn for ESP, provides 2m jobs

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FG releases N288bn for ESP, provides 2m jobs

 

 Vice President Yemi Osinbajo has disclosed N288billion out of the N500billion appropriated for COVID-19 intervention programmes under the Economic Sustainability Plan (ESP) initiatives by the federal government.

He noted that at least 2.1 million jobs have been saved, including new ones created, while over 4000km of federal and rural roads are at least 30per cent completed since the commencement of the ESP months ago.

These were some of the highlights emerging from the weekend’s meeting of the Economic Sustainability Committee presided over by Vice President Osinbajo in Abuja.

While noting the considerable progress recorded, Prof. Osinbajo affirmed the President’s resolve to always look out for the Nigerian people, and urged members of the committee to bear in mind that the vast majority of our people are not allowed to suffer.

The Senior Special Assistant on Media  to the Vice President.   Laolu Akande in a statement said that Ministers and heads of agencies executing the Buhari administration’s ESP reported significant improvement in the implementation of the plan as the Federal Government ramps up funding for projects across sectors to impact more Nigerians.

Already more than 50per cent of the appropriated sum for the ESP has been released.

Under the Survival Fund scheme specifically, 1.3 million jobs have been saved, and another 774,000 jobs created from the Public Works Programme. This is apart from the total 26,021 jobs created from construction and rehabilitation works.

Other highlights include the release of 100 per cent (i.e. N5billion) appropriation for the COVID-19 Aviation intervention; 50per cent funding (N26billion) for the Public Works scheme hiring 774,000 persons across the country, among others.

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