FG PUBLISHES ECONOMIC GROWTH PLAN, SET TO CREATE 15 MILLION JOBS

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[Abuja]–The Federal Government has published the much anticipated Economic Recovery and Growth Plan (ERGP) for the year 2017 to 2020.

The document obtained and read by THE PAGE was uploaded online via the National Planning and Budget Office websites few hours ago.

The 140-page document states that it is different from earlier national plans in many ways as its focused implementation is at the core of the  delivery  strategy  over  the  next  four  years and that more  than  ever  before,  and that there  is  a  strong  political  determination at  the  highest  level to see to its realisation.

“The vision of  the  ERGP is one of sustained inclusive growth. There is an urgent need as a nation to drive a  structural  economic  transformation  with  an  emphasis  on  improving  both  public  and  private  sector  efficiency .

This  is  aimed  at  increasing  national  productivity  and  achieving sustainable  diversification  of  production,  to  significantly grow  the  economy  and  achieve  maximum  welfare  for  the  citizens,  beginning  with  food  and  energy  security.

This  Plan  is a  pointer  to  the  type  of  Nigeria  that  the  people  desire  in  the  short to medium – term ,  and  encourages the use of  science, technology and innovation to drive  growth.”

In the area of education, the plan seeks to ensure quality universal education for Nigeria ’s children and youth, increase  the  number  of  youth  and  adults  with  the  skills  required  to  secure  employment  and/or become entrepreneurs and prioritize  education for  girls.

In the area of job creation and youth empowerment, the plan seeks to reduce unemployment from 13.9 per cent to 11.23  per cent  by  2020  by  creating over 15  million direct jobs between 2017 and 2020 or an average of  about 4 million jobs per year; Support  the  private  sector  to  maximize  its job  creation  potential and  complement  Government  direct job creation; and Improve workforce employability through targeted skill – building programmes.

The document also listed other six priority sectors which include agriculture, manufacturing, solid minerals, services (ICT, Telecommunication and creative industry), construction and real estate, and oil and gas.




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  1. Pingback: RECESSION: GOVERNMENT FORECASTS RECOVERY BEFORE END OF 2017 — The Page Nigeria

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