Nigeria’s Vice President, Prof. Yemi Osinbajo says the country is on an upward move, despite current economic challenges confronting the nation.
He made the remark in his office in Abuja, while receiving an implementation plan on job creation and youth employment in Nigeria jointly packaged by the Job creation Unit of the Presidency, and the Nigerian Economic Summit Group, NESG.
While thanking the NESG for working so hard on the project, Professor Osinbajo declared that: “We are in a situation now when the only way is up.”
The plan titled Strategic Framework and Implementation Plan for Job Creation and Youth Employment in Nigeria, shows that more than three million jobs would be created in the Technology, Wholesale & Retail, Construction and Agro-allied sectors of the Nigerian economy within three years, starting from 2016.
This year alone, the plan foresees the creation of over 700,000 private sector jobs, majority of which are expected in the Agro-allied sector.
Vice President, Yemi Osinbajo, who was excited about the plan, recalled that President Muhammadu Buhari had set job creation as the central focus of his administration’s policy.
The Vice President assured Nigerians that the Buhari led administration is addressing the constraints that businesses face including regulatory and institutional delays.
He noted that government and the private sector will only need to work together and get it right this time.
“I am extremely excited at all that is available. We really have everything we need, we just need to get it right,” he said.
The Job Creation Unit in the Presidency initiated the job creation plan and the NESG validated it through a joint committee, and would be working together with government in the implementation process.
Speaking earlier, the Chairman of the NESG, Mr. Kyari Abba Bukar noted that “NESG is honoured to be part of the Committee, and we commit to collaborate with the job creation unit, whilst leveraging our vast private sector network to collectively solve the unemployment challenges Nigeria faces.”
He added that the NESG had the opportunity to review the Strategic Framework & Implementation Plan for Job Creation developed by the job creation unit.
He said the group understands the urgency in addressing unemployment in Nigeria, and urged the government to address the sectoral constraints of job creation particularly in the four selected sectors of Technology, Wholesale & Retail, Construction and Agro-allied businesses.