Yemi Osinbajo said that the job creation strategy is included in the new economic blueprint of the current administration.
Vice-President Yemi Osinbajo
Nigeria's Vice-President, Yemi Osinbajo revealed at the 45th Annual Accounting Conference of the Institute of Chartered Accountants of Nigeria, that the Federal Government has put plans in place to create over 1million jobs in Nigeria.
He said that the job creation strategy is included in the new economic blueprint of the current administration, adding that the new blueprint will also generate N980 billion in foreign investment, and boost food production.
He said, “Why are most people poor despite rising revenues and GDP growth? Our main revenue earners, the extractive oil and gas economy do not by themselves create many jobs.”
"The irony of a top-down economic model, when the major revenue earner is extractive and the value chain is poorly developed," he added.
Speaking on education, Osinbajo said, “One of the most important interventions required in the education sector is capacity building to improve teacher quality. This programme is intended to drive teacher capacity development; boost basic education; attract talents to the teaching profession. Better educated population increase economic potential for productivity."