Home News This 774,000 Jobs | Layi Deinde

This 774,000 Jobs | Layi Deinde

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The plan of the Federal Government to provide 774,000 jobs, 1000 in each Local Government, was conceived to cushion the excruciating effect of the PANDEMIC, wrought upon the world by COVID-19 on one hand, also to eradicate POVERTY a menace that threaten humanity world over. Just recently the World Bank project there will be 96 Million poor people, those with limited means of meeting basic needs in Nigeria, come 2022.

Such initiative, likewise the Presidential resolve to take 10 Million Nigerians out of POVERTY in ten years from now are very important and laudable.

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As the Government set out to fashion out programs and policies to actualise POVERTY eradication we should not lose focus of where we have passed through to the present position.

Looking at the Petroleum sector, we have not fared well as a people. Going by how we are still importing products we have its raw material as well refineries to process.

Nigeria at a time imported petroleum products within five years with a sum that can build 14 units of 100,000 barrels capacity refineries.
Steel sector is not different. Steel is known to be the fabric of any economy, Nigeria is no exception. Our steel import bill is between $3 to $5 Billion annually. All this happens while critical plants like Ajaokuta and some other Steel plants beg for attention. We always have the challenge of channeling scarce resources to productive ventures.

The planned employment of 774,000 Nigerians is another classical case of this.

In place of National Directorate of Employment, Transformation Ambassadors of Nigeria, N-Power who serve as avenues to hand citizens stipends , not different from Social intervention schemes that offer citizens freebies. What we need are Technical Development as well as Entrepreneurial schemes for real growth of the economy.

I am not moved or given to piling up further our consumption bill with the employment of 774,000 citizens.

There is no denying the problem and challenge of poverty which COVID-19 has come to aggravate.
The employment is like passing our usual route, nothing spectacular can be the outcome.

Government should rather invest in Business Development as well as Technical Training initiatives to cater for building up of capacity at the lower rung of the economic ladder. This should assist people to set up businesses, employ people, while Government regulate them.
The enablement for businesses to thrive should be the headache of the Government, not the number of employee who might end to be unproductive ultimately.

•Recycling of waste products.
•Food processing.
•Arable farming.
•Livestock farming.
•Arts and Crafts.
•Construction works.
•Rental service.
•Fashion and beauty services.
•Horticulture.
•Laundry service.
•Restaurant and catering.
•Shoes and Clutch bag making.
•Retail of household items.

Are few of likely lists of businesses people should get necessary training from the Business Development Centers to venture into.

Our huge recurrent expenditure a major strain on how funds are unavailable for capital expenditure can not sustain employment of 774,000 government workers, not at a time infrastructural deficit impede growth.

In a bid to cut down on the huge recurrent spending, the Government is considering implementation of the Steven Oronsaye recommendation among several moves.

It is inconceivable that Government contemplate cutting down on the huge workforce and also add 774,000 employees, 1,000 from each Local Government.
This is not to negate the importance of POVERTY eradication. There is no better time than now to stamp out the scourge.

Private sector driven employment initiatives should be the way.

Universally, small and medium scale industry, that will be generated are the levers that propel the wheels of economies.

Nigeria as led by the Government should be resolute to move away from her comfort zone of giving and taking handouts in anticipation of competing with nations of the world along economic terms.

We are better off teaching and learning how to fish than our usual gifting and receiving fish.

©️ Layi Deinde.
E-mail: strucade1@gmail.com
08184385281.

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