The policy is to address unemployment in Nigeria-asinbanjo

The Vice President, Prof. Yemi
Osinbajo SAN, has disclosed that the
ongoing review of the National
Employment Policy is to address the
challenges of
unemployment in Nigeria, and
would focus on creating jobs for the
youths.
Speaking through the Minister of
State for Labour and Employment,
Mr. Ocholi James, SAN, the Vice
President stated this while delivering
a keynote address at the Nigeria Job
Creation Summit organised by Policy
Development Facility Phase II,
Department for International
Development, World Bank and
Federal
Public Administration Reform
Programme Nigeria.
According to him, “The Federal
Government has taken a number of
measures to address the challenges
of unemployment in line with the
determination of avoiding pitfalls of
past approaches. The Federal
ministry of Labour and Employment
has been directed to quickly
conclude on-going review of the
National Employment Policy with
focus on youth employment.”
Osinbajo stressed that the ad hoc and
uncoordinated entrepreneurship
development which was inherited by
the present administration cannot
meaningfully address the challenges
of providing a critical mass of
modern entrepreneurs for the
economy.
“To address these challenges, the
Federal Government will in 2016
come up with a National Policy on
Entrepreneurship Development. This
will provide a framework that will
guide all stakeholders and ultimately
pave way for emergence of critical
mass of entrepreneurs to jump start
the economy and create mass
employment,” he said.
The Vice President went on to state
that inclusive and sustainable
growth would not be possible if
millions of people are denied
opportunity to earn a living in
environment of equity and dignity.
His words, “For countries at all levels
of development, an adequate supply
of jobs is the foundation of sustained
and growing prosperity, inclusion
and social cohesion.
“Where jobs are scarce there is less
growth, less security and less human
and economic development”.