Friday, 19 August 2016

Nigeria: Expect Millions of Job for Our Youths Soon - Buhari

President Muhamadu Buhari said on Thursday
assured that his administration is working
assiduously to create millions of jobs for
teeming Nigerian jobless youths.
The president stated this on Thursday while
speaking at a symposium by the Association of
African Central Banks (AACB) symposium, titled
'Unwinding unconventional monetary policies:
implications for monetary policy and financial
stability in Africa'.
He said, "For us in Nigeria, while recognising the
challenges we are confronted with and the need
to surmount them, we are determined to
diversify the economy away from excessive
reliance on oil and other primary products,"
Buhari added.
"Consequently, we are taking measures and
implementing policies that would ensure we are
self-sufficient, generate massive employment
for millions of our youth, and explore our
untapped human and natural resources.
"We shall also embark on export and production
diversification steps including investment in
infrastructure; promotion of manufacturing
through agro-based industries and expansion of
Regional Trade.
"All these would involve integrating the informal
economy into the mainstream and providing
funds to Small and Medium Enterprises. We
shall also continue, with greater determination
and focus to pursue our goal of ensuring
improved security for our country and its
citizens, and without letting up on our fight
against corruption and terrorism.
"Side by side, with economic stimulus measures,
we must intensify our surveillance and give
guidance to the operations of our financial
institutions to reverse the trend of illicit flows of
funds out of Africa.
"We should all be serious in putting place
measures aimed at ensuring that the proceeds
of these illicit flows are repatriated to their
countries of origin with minimal bureaucratic
hitches."
The symposium was attended by Godwin
Emefiele, CBN governor, and many other central
bank governors across Africa.

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