Connect with us

General

We will create 20 million new jobs in the next four years – FG

Published

Enugu



The Federal Government on Monday unveiled fresh plans to create about 20 million new jobs in four different sectors of the economy.

The strategy was disclosed in Abuja by the Minister of Industry, Trade and Investment, Dr. Okechukwu Enelamah at a stakeholders meeting on job creation.

The minister said that with the huge level of unemployment in the country, it had become imperative to come up with a pragmatic approach to creating jobs for the people.

He said the ministry had directed the Industrial Training Fund to come up with innovative solutions to create 20 million jobs in four sectors of the economy within the next four years.

The sectors, according to the minister, are agriculture, transportation, services and construction.

Enelamah who was represented at the event by the Permanent Secretary in the ministry, Mr. Sunday Akpan said the need to focus on these sectors was borne out of the conviction that they held the key to the diversification efforts of the Federal Government.

The minister said with the huge contributions of these sectors to the Gross Domestic Product of the Nigerian economy, it had become imperative to explore their job creation potentials to reduce the level of unemployment in the country.

He said, “In order to sustain and build on the successes recorded in this regard in the first tenure of Mr. President, we are articulating and strategizing with a renewed impetus towards combating the twin evils of unemployment and insecurity.

“It is on this basis that the ministry charged the Industrial Training Fund to come up with revolutionary multi-faceted job and wealth creation strategies that would lead to a lasting solution to this hydra-headed problem.

“From the report I have received, the ITF has been able to propose pragmatic strategies that within the tenure of the next level, will generate about 20 million jobs from four key sectors of the Nigerian economy.

“These key sectors are the Agriculture, Construction, Transport and the Services sectors.”

The Director-General, ITF, Joseph Ari, said that the report of the National Bureau of Statistics which had put the total number of unemployed Nigerians at 20.9 million as at the end of the fourth quarter of last year had necessitated the need to act fast in tackling the unemployment problem.

“Today, all across the country are needless incidences of violence, criminality and social vices perpetrated by persons that ordinarily should be contributing significantly to the development of our dear nation.

“This is even as others that should be earning sustainable livelihoods today are barely able to eke out a living.

“The number that are without jobs in our country are at once scary and staggering and should be a source of worry to any administration that is as committed to the welfare of Nigerians as the Administration of President Muhammadu Buhari.” He said.

The ITF DG said while the current administration is implementing a number of policies to create jobs, such measures needed to be complemented by the private sector for the economy to feel the desired impact.

He said, “It must be noted that the President Buhari’s administration has made tremendous efforts to create jobs as could be seen in the increases in the number of people employed as cited by the NBS report.

“Today, across the length and breadth of the country are visible evidence of the Federal Government’s efforts to get Nigerians engaged.

“The question that comes to mind is this: why the continued rise in the number of unemployment figures despite these efforts.

“The answer to this is simple. Governments alone, as seen in societies that have reduced unemployment to single-digit figures, cannot do it alone.

“Indeed, in all societies that unemployment is single digits, they relied on sectors other than government.”

He said within the last two years, the ITF had equipped over 450,000 Nigerians with skills and empowered all the beneficiaries with start-up packs.

Ari said over 80 percent of the 450,000 people are currently earning sustainable livelihoods either in paid employment or as successful entrepreneurs.

PUNCH

Advertisement
Comments



Trending