MINISTER DIRECTS NERFUND WORKERS TO RESUME WORK

The Minister of Finance, Mrs. Kemi Adeosun has directed all staff of the National Economic Reconstruction Fund (NERFUND), to immediately return to their duty posts as the crisis within the organisation have been resolved.

The agency’s staff were directed in a circular signed by the Permanent Secretary, Federal Ministry of Finance, Dr. Mahmoud Isa-Dutse to stay away from work to forestall further breakdown of law and order as a result of disputes between the executive management, senior management and other staff of the organisation.

The NERFUND was established in 1989 to provide medium to long-term financing to viable Small and Medium scale production enterprises to increase the quantity of goods and services available for local consumption and export, provide needed employment, expand our production base and add value to the economy.