The second Federal Executive Council meeting took up the issues of economy and the agreement reached between government and the labour unions early this month to avert an industrial action.
‘’The issues raised at the meeting include economy, road infrastructure around the country, memo about the agreement reached between government and the labour unions, as well as the export processing zone revitalisation,’’ he said. The Minister of Finance and Coordinating Minister of the Economy, Mr Wale Edun, said that the meeting approved the application for financing from the World Bank’s International Development Association .
Edun said that another $80 million financing from the African Development Bank was approved by the FEC for the Ekiti Knowledge Zone project aimed at empowering the youths in the sector of Knowledge Economy through technology and communications generally.