FAMILY ECONOMIC ADVANCEMENT PROGRAMME (ESTABLISHMENT, ETC.) ACT

Section 2: Objectives of the Programme

1997Section 2 of 39Federal Republic of Nigeria

The objectives of the programme shall be to-(a) provide basic working capital requirements for small scale farming and traditional processes as loans to the low income groups;
(b) provide facility for the procurement of machinery and equipment for Nigerians to set up and run cottage and small scale industries;
(c) encourage the design and manufacture of appropriate plants, machinery and equipment;
(d) create employment opportunities at ward levels through the establishment of enterprises and pilot projects in the wards;
(e) encourage producers of goods and services at ward levels to form co-operative societies;
(f) utilise all available local resources for the benefit of Nigerians through improved production, preservation, etc.;
(g) provide an enabling environment for private sector and United Nations Agencies participation in the Programme.
[1999 No. 43.]

Cite this section

Section 2, FAMILY ECONOMIC ADVANCEMENT PROGRAMME (ESTABLISHMENT, ETC.) ACT (1997).

https://repo.podus.ai/laws/family-economic-advancement-programme-establishment-etc-act/section/2/