Job Creation: FG Rolls out Incentives to OPS
- By Simeon Ogoegbulem
- Published April 4th, 2011
- News
- Unrated
The federal government will this week roll out a number of incentives for the organized private sector (OPS) operators to enable them create more jobs for the increasing army of unemployed youths in the country. The forum for the announcement of the incentives would be the Presidential Job Creation Summit which is billed to kick off in Abuja later in the week.
Olusegun Aganga, minister of finance, said the planned summit would bring together all shareholders including captains of industry, leaders of civil society and key policy makers in the country to brainstorm on issues and factors militating against effective job creation in the country.
The minister restated government’s commitment to implement one of the recommendations of the Alhaji Aliko Dangote-led Committee on Job Creation. The Dangote Commiitte had recommended that government should as a matter of national urgency create enabling environment that would ensure the creation of at least one million jobs annually in the next five years.
He stated that as part of government’s determination to tackle unemployment, government has resolved to adopt the Public Private Partnership (PPP) strategy to effectively tackle the issue of unemployment in the country. He noted that it was government’s conviction that the PPP strategy is the only way out for inclusive growth that would create employment opportunities for Nigerian youths.
“Nigeria’s teeming youth population has also consistently reaffirmed its presence as a young, enterprising workforce willing to embrace new technologies and innovation to leapfrog Nigeria into becoming one of the world’s top 20 economies by the year 2020,” he said. He stated that the presidential summit on jobs creation followed through government’s commitment to create an enabling environment in which the private sector was empowered to work in collaboration with the government to create jobs and an inclusive growth for the formal and informal sectors of the nation’s economy.
Aganga stated that it was imperative to leverage on the country’s abundant human assets by providing affordable healthcare, good quality education and infrastructure. He also noted that the power roadmap would provide reliable power for our industries and businesses to thrive. According to him, the economy needed to generate enough jobs, guarantee workers dependable income to secure basic human rights to food, shelter and clothing and access to affordable capital for small and growing businesses which have potentials to employ young graduates and generate economic growth from the bottom-up.
The summit will bring to the fore government’s initiatives that foster improved partnership between private sector, civil society and policy makers towards rapid industrial development and job creation in Nigeria.
Olusegun Aganga, minister of finance, said the planned summit would bring together all shareholders including captains of industry, leaders of civil society and key policy makers in the country to brainstorm on issues and factors militating against effective job creation in the country.
The minister restated government’s commitment to implement one of the recommendations of the Alhaji Aliko Dangote-led Committee on Job Creation. The Dangote Commiitte had recommended that government should as a matter of national urgency create enabling environment that would ensure the creation of at least one million jobs annually in the next five years.
He stated that as part of government’s determination to tackle unemployment, government has resolved to adopt the Public Private Partnership (PPP) strategy to effectively tackle the issue of unemployment in the country. He noted that it was government’s conviction that the PPP strategy is the only way out for inclusive growth that would create employment opportunities for Nigerian youths.
“Nigeria’s teeming youth population has also consistently reaffirmed its presence as a young, enterprising workforce willing to embrace new technologies and innovation to leapfrog Nigeria into becoming one of the world’s top 20 economies by the year 2020,” he said. He stated that the presidential summit on jobs creation followed through government’s commitment to create an enabling environment in which the private sector was empowered to work in collaboration with the government to create jobs and an inclusive growth for the formal and informal sectors of the nation’s economy.
Aganga stated that it was imperative to leverage on the country’s abundant human assets by providing affordable healthcare, good quality education and infrastructure. He also noted that the power roadmap would provide reliable power for our industries and businesses to thrive. According to him, the economy needed to generate enough jobs, guarantee workers dependable income to secure basic human rights to food, shelter and clothing and access to affordable capital for small and growing businesses which have potentials to employ young graduates and generate economic growth from the bottom-up.
The summit will bring to the fore government’s initiatives that foster improved partnership between private sector, civil society and policy makers towards rapid industrial development and job creation in Nigeria.
