The National Economic Council (NEC), presided over by Vice-President Yemi Osinbajo, has endorsed the Nigeria Agenda 2050, designed to, among other things, create 165 million jobs and move Nigeria to an upper middle-income country.

A statement by Mr Osinbajo’s media aide Laolu Akande said the council endorsed the agenda in an emergency meeting on Tuesday.


Osinbajo’s national economic council to create 165 million jobs to reduce poverty
The number of people in poverty would decline from roughly 83 million in 2020 to about 47.8 million in 2025 and 2.1 million by 2050, said Mr Osinbajo.


The agenda 2050 was presented to the council by the Ministry of Finance, Budget and National Planning.

It revealed that the number of people in poverty would decline from roughly 83 million in 2020 to about 47.8 million in 2025 and 2.1 million by 2050, and by the agenda, a significant segment of the population would be removed from poverty.

Mr Akande listed the highlights of the Nigeria Agenda 2050 formulated against the backdrop of several subsisting development challenges such as high population growth, insecurity, high import dependence, low economic growth, and social instability.

“The plan aims to fully engage all resources, reduce poverty, and achieve social and economic stability,” said the statement. “It also targets developing a mechanism for achieving a sustainable environment consistent with global concerns about climate change.’”

Mr Akande said the plan presented the road map for accelerated, sustained and broad-based growth and provided broad frameworks for reducing unemployment, poverty, inequality, and human deprivation.

According to him, the agenda requires significant improvement in the country’s per capita GDP, which will be powered by rapid and sustained economic growth.

“Nigeria’s long-term ambition is to improve its per capita GDP from about $2,084.05 in 2020 to $6,223.23 in 2030 and $33,328.02 in 2050, with rapid and sustained economic growth, job creation and poverty reduction. The Nigeria Agenda 2050 projects annual average real GDP growth of 7.0 per cent,” it added.

The statement explained that the real growth rate of the GDP of the first medium-term NDP 2021-2025 on average would be 4.65 per cent, and this will increase to 8.01 per cent in the second NDP, “subsequently, it is expected to increase to 8.43 per cent in the third.”

“Consequently, the number of full-time jobs created will be roughly 165 million during the agenda period to spur poverty reduction,” added the statement.

The Minister of State for Budget and National Planning, Clem Agba, also spoke on the agenda, claiming that President Muhammadu Buhari’s regime had taken unprecedented steps in ensuring the operationalisation of the plan, especially with the inauguration of the Steering Committee of the National Development Plan by the vice-president.

https://gazettengr.com/osinbajos-national-economic-council-to-create-165-million-jobs-to-reduce-poverty/

This would be huge if eventually achieved

Jobs kill you there.

Few days to election is when you want to start creating jobs.

Lori iro.

Ndi ara!

Few months to leave office you want to create 165 million jobs.

Jobs wey you no create since 2015. Fools!

Creamcrest:


Jobs kill you there.

Few days to election is when you want to start creating jobs.

They are talking to Thiefnubuu's zombies.

Osibanjo will just be creating his own jobs in the cloud

Who know pesin wey don pay trader moni loan back?

Like the failed N-Power this Prof self

Clowns!

Hahahahahahaha

The job that was not created for 8 years ,this was like Obi that hurriedly conducted local government election before leaving office and also hurriedly employed teachers and hurriedly awarded contracts before leaving office .

The federal government should do more in the area of job and wealth creation.

Remove this to jokes section

Bunch of idiotic...murrafukas... Just keep on deceiving unthinking urchins.

audio jobs

Osibanjo and his group are mere talking, let it not be like they did not discuss something about jobs creation.

"It's few months to the end of their tenure and they are still saying they "will", they are "to". Instead of telling us what they achieved within thier regime.

Mere talk by a mere commissioner.

Failed government!

In which tenure? Third term or interim government? Why do these APC guys feel that people are fools? Probably, they know from people around them that there side of people who will actually believe them are fools in reality

In a Sane climate, APC members could be Stone to dealth

This is a comedy show.

Security of the future begins with the best decision made in the present. Kudos VP Osinbajo