The Nigerian Government targets between 600,000 and one million jobs within the next three years through the Growth and Employment Project.
The Director-in-charge of GEM in the Ministry of Industry, Trade and Investment, Sani Labaran, disclosed in Abuja on Tuesday.
Mr. Labaran, who is also the Coordinator of GEM, said the project would create both direct and indirect jobs in five sectors of the economy from 2015 to 2018.
He said that the five sectors were identified based on their growth and employment potential.
The coordinator gave the sectors as entertainment industry, ICT, hospitality and tourism, light manufacturing and agro processing as well as construction/real estate.
“The project is aimed at enhancing job creation and increased non-oil growth in specific high-potential value chain sectors”, he said.
He said GEM Project is very important to the Federal Government and the Nigerian economy, as it will help to address high unemployment rate.
The project is supported by the World Bank and the UK Department for International Development and is being implemented by the Federal Ministry of Industry, Trade and Investment.
The World Bank is providing a loan of about 160 million dollars, while the DFID is providing a grant of about 100 million dollars.
The project was conceptualised after the conduct of Growth Poll Studies in 2007.
The study identified key sectors with potential growth in the economy and with high potential to generate a lot of jobs.
The project had three pillars of investments, developing new business models and improving the business enabling environment.
The first pillar is that the project will provide for investments to address gaps that prevent key growth centres from expanding and hiring more Nigerians, in particular, the young and poor.
The project will support Small and Medium Enterprises, develop new business models, train the labour force to enable Nigerian businesses to participate successfully in national and global supply chains.
It will also improve the business enabling environment so that businesses can grow faster and become more profitable. (NAN)
Several Injured As Thugs Attack #EndSARS Protesters, Governor Oyetola In Osun
Some of the vehicles in the Governor’s convoy were also destroyed by the thugs but the Governor himself was evacuated to safety by his security team.
As the convoy was leaving the protest venue, some of the youths continued to stone his vehicles.
While the protest was disrupted, Governor Oyetola assured the injured victims that the government would be responsible for their medical bills.
#EndSARS: Sanwo-Olu Constitutes Panel Of Enquiry
In a bid to quell the #EndSARS protest which is spreading like a raging inferno across the country, Babajide Sanwo-Olu, the Governor of Lagos State has set up a panel of inquiry and restitution for victims of SARS.
This was announced in a statewide broadcast on Thursday.
The panel will be a 7-man panel which will ensure that all those with verifiable cases of SARS brutality or fatality receive compensation.
The Panel will be chaired by retired Justice Doris Okuwobi, while members are Ebun Adegboruwa, SAN (representing the Civil Society), Taiwo Lakanu (a retired Deputy Inspector General of Police), Patience Udoh (representing the Civil Society); Segun Awosanya aka Segalink (Human Rights Activist).
Others are Olutoyin Odusanya (Director, Citizens Mediation Center), a rep/member of the youth-led protest, and a representative of the Human Rights Commission.
There will be a help desk for the complaints and petitions to the panel.
Governor Seyi Makinde Loses 81-Yr-Old Mother
Abigail Makinde, the mother of the governor of Oyo State, Seyi Makinde, is dead.
The Chief Press Secretary to Mr Makinde, Taiwo Adisa, however, told newsmen that the family will soon make an official statement on the death of the deceased.
He said: “Yes. The family will make an official statement.
“The family will soon make an official statement. In the next few minutes, the family will make an official statement, in few minutes.”
It was gathered that Mr Makinde lost his father, Olatunbosun Makinde, a few years ago.
It was learnt that Mrs Makinde died in the early hours of Thursday.
She died at the age of 81.
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