FG Inaugurates $200m World Bank-Backed Ideas Project - Liberty TV/Radio - News - Voice For All! Vision For Alll!
Publisher (F.BA)
September 13, 2022
World Bank is supporting the IDEAS Project in each of the participating state with the sum of 200 million dollars credit facility for its smooth implementation.
The project has four components with the core objective of enhancing the capacity of the Nigerian skills development system to produce relevant skills for the formal and informal sectors.
The first component aims to provide grant for the rehabilitation and upgrading of Federal and State Technical Colleges to transform their operational models into public private partnerships, in which industry partners assume prominent role in institutional governance, management and planning, training and service delivery.
The second component will deliver a comprehensive capacity development intervention package for the improvement and modernization of informal apprenticeships to selected informal sector clusters.