FAMILY ECONOMIC ADVANCEMENT PROGRAMME (ESTABLISHMENT, ETC.) ACT

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LAWS OF THE FEDERATION OF NIGERIA   

FAMILY ECONOMIC ADVANCEMENT PROGRAMME (ESTABLISHMENT, ETC.) ACT

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ARRANGEMENT OF SECTIONS

PART I – Establishment of the Family Economic Advancement Programme

1. Establishment of the Family Economic Advancement Programme.
2. Objectives of the Programme.
3. Target groups.
4. Benefits of the Programme.

PART II – Establishment of the Governing Board

5. Establishment of the Governing Board.
6. Tenure of office.
7. Cessation of membership.
8. Power of the Board.
9. Establishment of the National Technical Advisory Committee.
10. Functions of the National Technical Advisory Committee.
11. Removal from office.
12. Supervision.

PART III – Staff of the Programme

13. Appointment of the Director-General and other staff of the Programme.
14. Service in the Programme to be pensionable.

PART IV – Financial provisions

15. Fund, etc.
16. Power to accept gifts.
17. Annual estimate, accounts and audit.
18. Annual report.
19. Exemption from tax.

PART V – Establishment of State Federal Capital Territory, Local Government, Area Council and Ward Co-ordinating Committees, etc.

20. Establishment and membership of the State Co-ordinating Committee.
21. Functions of the State Co-ordinating Committee.
22. Establishment and membership of the Federal Capital Territory Co-ordinating Committee.
23. Establishment and membership of the Local Government and Area Council Co-ordinating Committee.
24. Functions of the Local Government and Area Council Co-ordinating Committees.
25. Establishment, membership and function of the Ward Co-ordinating Committee.

PART VI – Miscellaneous provisions

26. Participating banks.
27. Role of participating banks.
28. Credit guidelines.
29. Eligibility.
30. Loan procedure.
31. Loan disbursement.
32. Security for loans.
33. Loan recovery.
34. Monitoring and evaluation, etc.
35. Marketing of productions.

PART VII – General

36. Power of President to give directions.
37. Regulations.
38. Interpretation.
39. Short title.

SCHEDULE

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FAMILY ECONOMIC ADVANCEMENT PROGRAMME (ESTABLISHMENT, ETC.) ACT

An Act to establish the Family Economic Advancement Programme as an empowerment programme designed specifically for local based producers of goods and services and potential entrepreneurs.

[Commencement.]                  [12th August, 1997] 

ALPHABETICAL INDEX TO THE LAWS OF NIGERIA (UPDATED TO 2018)