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COVID-19: FG Unveils N100bn Intervention Fund for Private School Teachers

by BrandCrunchNG
August 11, 2020
in Business
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The Federal Government has unveiled N100 billion intervention fund for private school teachers, following the shutdown of schools due to the coronavirus pandemic.

The Minister of State for Education, Hon Emeka Nwajiuba, disclosed this during the Presidential Taskforce on COVID-19 daily briefing in Abuja on Monday, August 10. He said private school teachers are eligible to access the COVID-19 fund.

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The Minister said the federal government will ensure proper engagement with private school teachers to access the N100 billion from the Central Bank of Nigeria, CBN.

Hon. Nwajiuba said, “We have forwarded the requests that they made to the CBN and the Ministry of Trade, Industry and Investment, because for us, they are part of the provision the Federal Government has made in relation to SMEs. They are the intellectual powerbase of the country.”

 

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