See Buhari’s New Economic Plan To Create 570,000 Jobs
Hundreds of thousands of jobs are coming, thanks to Buhari’s Economic Recovery and Growth Plan, ERGP.
Under the focus labs of the ERGP, about 570,000 jobs are being targeted.
The Minister of Budget and National Planning, Senator Udo Udoma, disclosed this in Abuja during the ERGP Mid-Lab syndication meeting.
A statement from the minister’s Media Adviser, Akpandem James, quoted Udoma as saying that the government was optimistic that given the number of projects that were likely to be ready for approval by the end of the lab process, the aim of resolving inter-agency bottlenecks, which is one of the cardinal objectives of the labs, would have been achieved.
He said the purpose of setting up the labs was to identify and unlock investments from the private sector by resolving complex inter-agency problems that acted as barriers to private sector investments.
“By bringing you, the investors and heads of critical agencies of government, into a confined environment, the government is offering you a platform to finalise your business decisions in the fastest possible manner.
“Data from the three labs show that in the past three weeks, we are on course to meeting our target of $25 billion investment commitment.
“So far, we have identified 59 projects that are four- and five-star.
"There are several other projects rated one to three-star.
"We will continue to work with these categories of investors to improve the ratings of their projects to five-star projects,” Udoma said.
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