FEC okays 500m Euro loan to create 1.2m jobs - The Nation Newspaper

The government is targeting 1.2million jobs with a 500 million Euro loan, to be managed by the Bank of Insdustry.

“The guarantor of the loan shall be the Federal Republic of Nigeria and this is going to be executed through the Ministry of Finance Budget and National Planning. The Attorney-General of the Federation and Minister of Justice, Abubakar Malami, said the council approved a Justice Sector Policy for the country essentially to reform the sector by simplifying access to justice.

“The intention and design was to have a justice sector reformed package that will turn things for the better as far as administration of justice is concerned. It will turn things around relating to speedy administration of justice and turn things around for the purpose of ensuring at the end of the day, that will have a consensus approach to the administration of justice.

“What we had by way of legislation in relation to correctional service Act is indeed a product of that understanding and the same thing with executive orders that were put in place. “So, with emerging trends, particularly as it relates with best practices, the need arises for us to amend our laws to be at pal with international best practices. Amendment to this effect among other things for example that greater access to justice should be accorded to prisoners of wars in cases of breach.”

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