Buhari committed to growing Nigerian economy – Ngige
Minister of Labour and Employment, Sen. Chris Ngige has said that President Muhammadu Buhari was irrevocably committed to growing the Nigerian economy through strategic initiatives that engage the nation’s huge population as a fulcrum.
Speaking at the on-going 2nd Ordinary Session of the Specialized Technical Committee on Social Development, Labour and Employment in Algiers, Algeria, Ngige said the recently released Medium Term Economic Recovery and Growth Plan (ERGP) is a paradigm shift in this direction.
He said the Buhari administration has demonstrated its capacity to exploit our huge population for wealth creation and economic growth, which explains the capacity shown so far for an early exit from the current economic recession.
He said: “Our shift is the engagement of our large population in well-articulated diversification programme which has shifted attention to agriculture and mining, in a process intended to be driven by diverse skills acquisition and subsequent job creation”.
Presenting Nigeria’s position entitled “Investment in Employment and Social security For Harnessing Demographic Dividend” Ngige said Nigeria was resolute in exploiting the untapped potentials of huge population to grow the economy through dynamic micro-economic policies.
According to him, “The focus of the present administration in Nigeria is to invest in our huge population through massive job creation, youth empowerment, social inclusion and strengthening of our educational and health system so as to achieve macro-economic stability and diversification.
“This is a pathway to building a global competitive economy that can stimulate private sector investments, infrastructural renewal, a major pathway to spend out of recession and improved business environment”.
He disclosed that concerted efforts were being made to increase access to decent work for Nigerians through the implementation of National Policy on Employment whose document was reviewed in 2016 while creating job and skills acquisition centres which targets the 774 Local Government Areas as operational base.
The Minister said 15 obsolete and retrogressive labour laws some of which date back to the colonial era have been sent to the National Assembly for review.
The Minister enumerated other government efforts towards exploiting Nigeria’s huge population for jobs and skills development to include a nation-wide stop-gap jobs for unskilled persons through interventionist schemes in agriculture and mining, skills development and competency upgrade, reduction of miss-match between graduate skills and demands in modern labour market as well as the N-power programme, noting that women constitute a large percent of the beneficiaries of these different programmes.
On Social security, the Minister said that beyond a National Policy on Social Protection and Social Security which was conceived to drive universal human rights, inclusiveness and wealth re-distribution, the National Social Insurance Trust Fund, the National Health Insurance Scheme, Pension Commission and National Social Investment Programmes were core government agencies effectively providing social protection for vulnerable persons within their respective purviews.
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