FEC approves Euro500m credit for Bank of Industry

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FEC approves Euro 500m credit for Bank of Industry

The Federal Executive Council on Wednesday approved that 500 million Euro loan be sourced for the Bank of Industry from external creditors.

According to him, the loan is to support industrialisation and agriculture, which will create up to 1.2 million new jobs. The Attorney-General of the Federation and Minister of Justice, Abubakar Malami, also informed State House correspondents that the council approved a Justice Sector Policy for the country essentially to reform the sector by simplifying access to justice.The policy, he said, would ensure “speedy determination of justice”, “quality of justice” and “access to justice.”

 

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