Minister of State, Labour and Employment, Festus Keyamo, has revealed that six Nigerian banks have gotten letters of engagement to facilitate account opening for 774,000 beneficiaries of the Federal Government of Nigeria Special Public Works Programme across the 774 local government areas.
The banks engaged are United Bank for Africa, UBA, Zenith Bank, Access Bank, Fidelity Bank, First City Monument Bank, FCMB, and Heritage Bank.
Keyamo made the announcement through his Twitter page.
He tweeted: "Yesterday, I gave out letters of engagement to six banks, namely Zenith, UBA, Access, Fidelity, FCMB & Heritage to begin the opening of accounts (with BVN) for the 774,000 participants of the Special Public Works Programme in their branches in the 774 LGAs across the country.
"The banks assured us that even in LGAs where they don’t have branches, temporary registration centers would be opened in such LGAs so that the participants would not have to travel far to open their accounts. We shall soon publish which bank is taking care of each of the LGAs."