The Minister of State, Labour and Employment, Festus Keyamo has given out letters of engagement to six banks for the opening of accounts for the beneficiaries of the 774,000 participants of the Special Public Works Programme.
He stated that the banks will open accounts for beneficiaries in all Local Government Areas and a temporary registration centres will be opened for the sole purpose.
Festus also revealed that the ministry will publish the names of banks handling each local government areas in the State.
He wrote below;
‘Yesterday, I gave out letters of engagement to six banks, namely Zenith, UBA, Access, Fidelity, FCMB & Heritage to begin the opening of accounts (with BVN) for the 774,000 participants of the Special Public Works Programme in their branches in the 774 LGAs across the country.’
‘The banks assured us that even in LGAs where they don’t have branches, temporary registration centers would be opened in such LGAs so that the participants would not have to travel far to open their accounts. We shall soon publish which bank is taking care of each of the LGAs.’
Meanwhile, the beneficiaries have not been announced yet.