Business
Ekiti, World Bank Partner To Generate 40,000 Jobs
Ekiti State Government says it has formed a new partnership with the World Bank to generate about 40,000 jobs to employ youths in the next five years. The State Governor, Dr Kayode Fayemi, made this known last Monday while launching the Community Development Plans (CDPs) for 18 communities under the State Community and Social Development Agency (EKCSDA), in Ado Ekiti.
Fayemi said that state government had forged a close working relationship with the bank based on the administration’s resolve to eliminate poverty, which informed the new employment-driven partnership.
He said that the state was expected to generate the 40,000 employment in phases within five years under the new arrangement tagged: “Youth Empowerment Strategy (YES)’’.
He said that the Community and Social Development Programme (CSDP), of the state would round up by the end of the year.
According to him, this is as a result of the expiration of the agreement between the bank, Ekiti and the Federal Government.
The governor, however, announced the willingness of the World Bank to extend the CSDP programme in the state following its effective implementation.
Fayemi, who described EKCSDA as a key component in his drive to ensure rapid and all-round development of the state, stressed that the state government would not relent in its determination to continue the “worthy partnership’’ with relevant agencies.
While congratulating the 18 benefiting communities, Fayemi urged them to make judicious use of the fund.
He said that all traditional rulers, community leaders of the benefiting communities and local government officials must ensure they performed their roles to ensure thorough implementation of the projects.
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