FG planning to pay private schoolteachers, artisans – Osinbajo

The Vice President, Prof. Yemi Osinbajo, says the Federal Government was creating a “payroll support” for private schoolteachers and artisans, as part of efforts to cushion the economic effect of the COVID-19 pandemic on them.

Osinbajo who disclosed this at the ongoing 60th Annual General Conference of the Nigerian Bar Association, added that the Federal Government had secured land in 11 states of the federation to build thousands of two-bedroom apartments for Nigerians at the cost of N2m each.

The vice president said the Federal Government’s efforts were geared towards saving jobs and creating new ones amid the pandemic.

Osinbajo said, “Through the Economic Sustainability Plan, the FG’s focus is to save jobs and create new ones. Similarly, there is a survival fund and payroll support for artisans, private schoolteachers and small businesses.

“We are currently compiling the data, the criteria is already set. There are plans also for other sectors including the hospitality and aviation sector.”

 “These houses are to be built by young engineers, architects and artisans. We hope to build thousands of two-bedroom apartments for about N2meach,” the Vice President said

 “Economics like politics is local. In comparison to other economies we have fared better. We, however, recognise that there is a severe decline. The Economic Sustainability Plan is our response to that and we will focus on local industry, local resources and local production,” he added.