By Teryima Andrew
The Industrial Training Fund (ITF) said it spent over six billion naira on re-training reimbursement allowance for staff.
Director General of the Fund Sir Joseph Ari made the disclosure Tuesday, during the 2017 annual performance review meeting, held at the ITF headquarters Jos, Plateau state.
“In keeping up to this statutory requirement therefore, the Fund in the year under review, paid a total of six billion, four hundred and fifty-one million, three hundred and sixty-five thousand, ninety-two naira as training reimbursement to four hundred and thirty companies that met all criteria for such reimbursement.”
The DG also revealed that the Fund equally expended the sum of 199,800,000 on staff housing and car loans in the out gone year, as staff welfare, he stressed that 289 staff benefited from the scheme.
Similarly, the ITF chief executive also said it spent more a billion naira as students supervisory allowances.
“In the year under review, the ITF disbursed a total of one hundred and ninety four million, fifty thousand naira as students and supervisory allowances to 310 tertiary institutions.”
Meanwhile, governor of Plateau state Simon Lalong has reiterated his administration resolve to reviving ailing industrials in the state to burst it internally revenue generation.
The governor disclosed this at government house, to the minister of industrial, trade and investment Aisha Abubakar, when the minister paid him a courtesy visit in company of director general Industrial Training Fund, ITF.
Barr. Lalong appealed to the minister to maintain and sustain existing federal government industries to enable teaming unemployed youth be engaged in meaningful ventures.
The minister of trade and investment is in Jos to attend the 2017 end of year performance review meeting of the Industrial Training Fund ITF.
Speaking earlier the minister Hajiya Aisha Abubakar commended the Plateau state government for providing enabling environment for ITF, she said the Fund has performed very well in it responsibility of training man power in Nigeria.
Similarly, though earlier, Commenting on the gains Nigerians have derived from the Industrial Training Fund ITF, governor Lalong acknowledged that ITF over the years have produced needed human resource for the development of the country through skills acquisitions.
Climax of the 2017 ITF performance review meeting witnessed presentation of awards and gifts for best performing areas offices from the 36 states and Abuja, outstanding individual staff award and long service award to deserving persons.