FG Unveils ₦10b Cash Transfer Scheme

The Federal Government has inaugurated its Conditional Cash Transfer (CCT) scheme in Ekiti State under the Millennium Development Goals framework.

Under the scheme, the government said it would empower over 56,000 indigent Nigerians from 24 states with about ₦10 billion and sustain 224, 000 children of school age.

But the programme will be partly funded by state governments with ₦5 billion, the Federal Government said.

The Senior Special Assistant to the President on MDGs, Dr. Precious Gbeneol, said this in a statement, during the inauguration of the CCT Scheme in Ado Ekiti, Ekiti State.

Institute to Build Cassava Factories in 36 States
In another development, the Federal Institute of Industrial Research has revealed plans to build cassava factories in the 36 states of the federation.

The Director-General of the institute, Dr. Gloria Elemo, stated this during an interview.

She said the move would also help to stimulate interest in agriculture not only for food security, but as a means of empowerment.

The DG said already, a model cassava plant had been constructed in Lagos, adding that with the completion of the factory, it would soon be inaugurated by the government.