Nigeria’s President, Muhamadu Buhari has reaffirmed his administration’s resolve to generate millions of jobs for Nigerian youth.
The President made this known on Thursday while speaking at a symposium organized by the Association of African Central Banks (AACB).
The forum was themed: ‘Unwinding unconventional monetary policies: implications for monetary policy and financial stability in Africa’.
President Buhari assured that his administration is working assiduously to create millions of jobs for teeming Nigerian jobless youths.
At the symposium, the President stated that his administration recognizes the challenges it is confronted with and the need to surmount them.
He stated that his government is determined to diversify the economy away from excessive reliance on oil and other primary products.
Buhari Promises To Generate Millions Of Jobs
Buhari stressed that his administration is taking measures and implementing policies that would ensure the country becomes self-sufficient.
He further stated that these policies will help generate massive employment for millions of Nigerian youth.
The President promised:
“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.”
Also in attendance at the symposium was the Governor of the Central Bank of Nigeria (CBN) , Mr. Godwin Emefiele.