Economy: Buhari plans to provide 15 million jobs

Reading Time: 2 minutes

[Abuja]–President Muhammadu Buhari has said that he will launch the Economic Recovery and Growth plan, which will provide 15 million jobs and address other issues,  tomorrow.

The plan is to address different economic issues in the country from 2017-2020.

In a tweet through his official account, the President said that he feels good to inform Nigeria that the much anticipated plan to revive the country’s economy and boost its growth will be launched tomorrow.

“I’m pleased to announce that I will formally launch our Economic Recovery and Growth Plan (ERGP) (2017-2020) tomorrow, Wednesday April 5”, he tweeted.

THE PAGE had earlier reported that 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.




Copyright 2017 The Page. Permission to use quotations from this article is granted subject to appropriate credit being given to www.thepageng.com as the source.

Comments

comments

Leave a Reply

Your email address will not be published. Required fields are marked *