The best approach to preventing job loss and for creating jobs is to development a robust economy that is broad and deep enough to generate wealth and expand opportunities for everyone. My plan is to pursue a job-led economic growth that will stimulate general prosperity and improve the quality of life for all.
- Open up the economy for increased private sector investments in agriculture and all its value chains; infrastructure, roads, railways, electricity, housing and telecommunications; IT and IT enabled services; as well as financial and social services.
- Review and reposition all government-established job creation initiatives and refocus them for greater efficiency and effectiveness under a National Skills, Enterprise Development and Job Creation Programme that focuses on the high-job yielding sectors for the youth: agriculture, MSMEs, ICT, Creative Industries, Sports and Entertainments. The programme will be a package of skills, mentorship, credit, grants and incubation.
- Up to 70% of unemployed youth in the country are either uneducated or have limited education. They are therefore locked out the formal sector economy. We will refocus the National Open Apprenticeship Programme to deliver skills based on industry- determined certification and qualifications standards. The apprentices will also benefit from a package of Conditional Cash Transfer (CCT) to encourage retention and completion.
- Develop the new economy based on the ICT and its applications in a wide range of sectors. We will establish the Technology and Innovations Support Programme to enhance local capacity in software development. With existing robust IT infrastructure, we will market Nigeria’s huge potential as outsourcing destination for global IT services.
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