Saturday, November 18, 2017

One-Meal-A day Programme for Schools to Attract N980bn Investment – Osinbajo

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Vice President Yemi Osinbajo disclosed yesterday that the promised one-meal-a day for all primary school pupils will in addition to creating jobs in the agriculture sector, attract investment of N980 billion.

He listed the areas to include poultry, catering and delivery services.

The one-meal-a-day for primary school students across the country was part of the campaign promises of President Muhammadu Buhari.

Osinbajo made the disclosure at the ongoing 45th Annual Accounting Conference of the Institute of Chartered Accountants of Nigeria (ICAN), in Abuja, on the topic “Repositioning Nigeria for Sustainable

Development: From Rhetoric to Performance.”

According to the Vice President, the multiplier effects of the introduction of the scheme include, 1.14 new jobs; increased food production – up to 530,000 mt/a; attracting investors by investment up to N980 billion.

This is even as he has stated that growth figures recorded in the last three administrations of the Peoples Democratic Party (PDP) though rising oil prices, GDP and foreign reserves did not put a dent to poverty or unemployment levels in the country.

Culled from Sun News

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