We Have Removed 5 Million Nigerians From Poverty- President Buhari

President Buhari has said that his government through its National
Social Investment Programme (NSIP), has in three years, lifted no fewer
than 5 million Nigerians out of extreme poverty.

The president made this known at the opening of the Global Youth
Employment Forum of the International Labour Organisation (ILO) in Abuja
today Thursday August 1st.

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Represented at the occasion by the Secretary to the Government of the
Federation, Boss Mustapha, President Buhari commended the ILO for
committing itself to youth employment. He also disclosed that the
Federal government has since its incception in 2015, created over 2
million direct and indirect job opportunities.

“We note at this point that the issue of youth unemployment has
assumed a global significant, and on the front burner of development
discourse. The government of Nigeria understands the need to focus
attention on youth empowerment by creating the enabling environment for
job opportunities and capacity building. The present administration from
the onset, made the investment in our people, one of the key goals of
the Economic Recovery and Growth Plan, which is the national development
blueprint from the period of 2017 to 2020.

“The implementation of the plan also has the flagship programme such
as the National Social Investment Programme (NSIP). It has yielded some
measurable outcomes in the form of increased school enrolment and the
creation of more jobs. One of the key components of the NSIP is the
N-Power programme and its sub-components has led to the creation of job
opportunities in different sectors of the economy for young persons.

“For example, in the past three years, the programme has yielded over
2 million direct and indirect employment opportunities and has lifted
over 5 million Nigerians out of extreme poverty. In addition to this
achievement, some sectors of the economy with high propensity for
massive job creation and employment generation were specifically target
by the government for various forms of suppor” he said

Buhari noted that these sectors included agriculture, solid minerals,
power, works and housing, trade and investment, and also in the Central
Bank of Nigeria.

The president said some programmes of the federal government were
also targeted at the informal sectors, improving their capacity and
boosting the domestic economy, such as the import restriction the
executive order on ease of doing business.

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