The Federal Government has unveiled fresh plans to create about 20 million new jobs in four major sectors of the economy within the next four years.
The Minister of Industry, Trade and Investment, Dr. Okechukwu Enelamah disclosed this on Monday while speaking at a stakeholders’ meeting on strategies for job creation by the federal government.
Enelamah 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 that President Muhammadu Buhari has evolved pragmatic strategies that will generate about 20 million jobs from four key sectors which include agriculture, transportation, services and construction.
“In order to sustain and build on the successes recorded in this regard in the first tenure of Mr. President, we are articulating and strategising with a renewed impetus towards combating the twin evils of unemployment and insecurity,” he said.
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 President Buhari has further strengthened the drive to curtail the country’s rising unemployment by creating jobs and by providing employable skills for the teeming youths, through the Industrial Training Fund (ITF). He added:
“I am glad to inform this distinguished audience that the ITF has done justice to the task assigned to them.
“From the report I have received, the ITF has been able to propose pragmatic strategies that within 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 report, which is to be presented to us shortly by the ITF Director-General, forms the crux of this meeting.
“The meeting will be expected to examine all the aspects of the report with a view to dissecting all the recommendations therein and proffering additional strategies and action plan that will lead to jobs for all Nigerians.”