News
FG Targets 3m Jobs
Some financial experts yesterday, expressed divergent views on the Federal Government recent inauguration of a Presidential Board for the creation of three million jobs nationwide.
In separate interviews with newsmen in Lagos, many of the experts were of the view that that Nigerian youths would be gainfully employed, if the government creates the enabling environment for businesses to thrive.
It would be recalled that President Goodluck Jonathan, while iaugurating the board, mandated it to create three million jobs in 12 months.
Members of the 31-member board, headed by the Vice President Namadi Sambo, were drawn from both the government and the Organised Private Sector (OPS).
A Stockbroker, Mr Emmanuel Eze, described the initiative as a welcome development that would enhance government capacity to absorb more Nigerian youths into the Federal Government employment.
Eze, who is also the Chief Executive Officer, Perfecta Venture Limited, also said that the board would provide another opportunity for a coordinated platform for the employment of Nigerian youths.
“In spite of the job security of working with the government, many young people would prefer to work for some years, garner experience and turn into entreprenuers.
“It is a matter of preference for many of them, but not to spend their entire working carrier in a particular government agency,” he said.
Mr David Adewale, an entrepreneur, welcomed government moves also but said that job creation was not the primary responsibility of the government.
According to him, the government should restrict itself to the formulation of economic policies for the stimulation of the economy, by putting in place the necessary business infrastructure.
“Government could stimulate the business environment by granting tax holidays, a well-tailored financial support scheme and waivers for imported machinery for production.”
He said government should ensure patronage of local products by enacting a law compelling government agencies and the private sector to patronise locally produced goods.”
A former director of the Central Bank of Nigeria (CBN), Mr Titus Okuroumu, said that the three million jobs target within 12 months was not tenable.
He also urged the government to focus on the building of capital projects such as refineries in order for the jobs target to be realised.
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