Friday, 22 July 2016

We Fund Construction Sector To Create Jobs—FG

The Federal Government, Speaking through the Minister of Labour and Employment, Senator Chris Ngige said its decision to channel about 80 percent of N247 billion so far released for capital projects in the 2016 budget to the construction industry was informed by the strategic role of the sector in job creation and the reflation of the economy.

The Minister, who spoke while receiving the leadership of Construction and Civil Engineering Senior Staff Association, CCESSA, in Abuja said, “As of today, the capital released stand at N247 billion out of which 80 percent has gone to the construction industry.

According to him, “for the little we have done, we want to see you people in action. Another chunk of money is going to be paid as the economy improves and things get better.

“The budget also has a special provision for settling outstanding debts and for the completion of ongoing projects.

“Through these, government intends to take away our youths from idleness, fruitfully engage them, and avoid making them easy recruits for insurgents.”

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