The Acting President, Prof. Yemi Osinbajo, has reaffirmed that policies and programmes of the present administration were deliberately targeted at the youth population in the country.
He made the assertion on Monday in a broadcast to the nation on the 2017 Democracy Day and the second anniversary of President’s administration.
The acting president said that Nigeria was a nation of young people, and that the government would ensure that its policies and programmes reflected that.
“Several of our initiatives are targeted at our young people, who make up most of our population.”
“From N-Power to Technology Hubs being developed nationwide, to innovation competitions like Aso Villa Demo Day and various MSME support schemes, we will do everything to nurture the immense innovative and entrepreneurial potential of our young people.”
Osinbajo also stated that one of the highlights of the administration’s Power Sector Recovery Programme launched in March, 2017, was a N701 billion Payment Assurance Scheme.
He explained that the scheme was to resolve the financing bottlenecks that had until now constrained the operations of gas suppliers and generation companies in the energy sector.
He assured that the nation would soon begin to see the positive impact of the steps already taken.
Osinbajo also said that the Solid Minerals Development Fund had taken off in line with government’s commitment to developing the sector.
He said that due to the government’s unwavering focus on solid minerals development over the last two years, “the sector has, alongside agriculture, seen impressive levels of growth in spite of the recession.
“On the whole, just as the President promised in the Budget Speech, these early months of 2017 have seen the flowering of the early fruit of all the hard work of our first 18 months’’.
He recalled that in April, the president launched an Economic Recovery and Growth Plan which built on the foundations laid by the Strategic Implementation Plan of 2016.
According to him, the plan has set forth a clear vision for the economic development of Nigeria.
The acting president said that the administration opened the year with an overwhelmingly successful Eurobond Offer – evidence of continuing investor interest in Nigeria.
“The implementation of our 2017 Budget, which will soon be signed into law, will bring added impetus to our ongoing economic recovery.”
Support InfoStride News' Credible Journalism: Only credible journalism can guarantee a fair, accountable and transparent society, including democracy and government. It involves a lot of efforts and money. We need your support. Click here to Donate