Tuesday said the President Muhammadu Buhari’s administration would soon
commence giving primary school children free meals.
scheme was a core project of the Federal Government that would in turn
yield about 1.14 million jobs and increase in food production.
on the topic “Repositioning Nigeria for Sustainable Development: From
Rhetoric to Performance,” Osinbajo said that the multiplier effects of
the introduction of the school feeding scheme would help to create 1.14
million new jobs; increase food production by up to 530,000 metric
tonnes per annum, as well as attract fresh investments up to N980bn.
interventions required in the education sector is capacity building to
improve teacher quality.
teachers’ capacity development; boost basic education; attract talents
to the teaching profession. Better educated population increases
economic potential for productivity.”
commitment to provide one-meal-a-day for all primary school students;
that would create jobs in agriculture, including poultry, catering and
of employment in the country in spite of the fact that Nigeria had
recorded high oil prices, Gross Domestic Product and foreign reserves
during the previous administrations.
that such figures, including a rise in revenue by itself, do not create
jobs or significantly reduce poverty level in the country.
despite rising revenues and GDP growth? Our main revenue earners, the
extractive oil and gas economy, do not by themselves create many jobs.
Such is the irony of a top-down economic model; when the major revenue
earner is extractive and the value chain is poorly developed,” he
government to improve the power sector and have a one-stop shop for
approvals of investments.
economic plan, as espoused by his deputy, are innovation and fighting
piracy; diversification of the economy in the areas of agriculture to
achieve self-sufficiency in rice and wheat (staples) production;
manufacturing; entertainment and technology.
“despite the challenges, there have been measurable improvements over
the past three months (June to August 2015).”
26 per cent increase in operational generation capacity (June to August
15, 2015 compared to January to May 2015); decrease in pipeline
vandalism, boosting of gas supply; and a 10 per cent reduction in
said, included reduction in red tape to remove delays; blocking the
450MW Azura-Edo IPP and the 500MW Exxon Mobil Qua-Iboe IPP; and the
imposition of a September 2015 deadline for the submission of the
DisCos’ revised tariff trajectories.
going back on the Treasury Single Account policy of the Federal
Government, saying the TSA would address issues of non-transparency,
especially among revenue generating agencies.
generating agencies of government that did not remit funds into the
Federation Account as and when due.