close
Sunday, October 13, 2024

Nigeria’s economy will rebound in months: Shettima

Vice President Kashim Shettima says the nation’s economy has started improving and will rebound in the coming months

• October 12, 2024
Kashim Shettima
Kashim Shettima [Credit: Shettima]

Vice President Kashim Shettima says the nation’s economy has started improving and will rebound in the coming months.

Mr Shettima gave the assurances on Saturday during the launch of the Nasarawa State Human Capital Development Strategy Document and Gender Transformative Human Capital Development Policy Framework held in Lafia, the state capital.

He said the growing informal sector and low labour force participation occasioned by the staggering unemployment rate in Nigeria must be reversed.

The vice president said this is the impression of an unfavourable society the Human Capital Development (HCD) programme was designed to avert under President Bola Tinubu’s administration.

He emphasised that Mr Tinubu’s administration aimed to empower Nigerians with globally competitive skills to enable Nigerian workers to excel domestically and in the international job market.

” Nasarawa State’s commitment to the Human Capital Development (HCD) programme, a lifeline for our nation, is built on the collective realisation that enough is enough.

” Enough of the cycles that have held us back. Enough of the legacies of unplanned high fertility rates and alarming maternal and under-five mortality rates.

” Enough of our vulnerable populations facing low life expectancy; enough of the distressing data on our education system—whether it is the mean years of schooling, the high pupil-to-teacher ratios, or the staggering number of youths not in employment, education, or training.

” The unemployment rates, the growing informal sector, and low labour force participation must be reversed,” Mr Shettima stated.

Mr Shettima said the unveiling of a blueprint for Nasarawa’s future was a reaffirmation of the administration’s shared belief that the way forward for the nation lies in solutions fashioned to suit the unique realities of each state.

He regretted what he described as the tragic reality of the ECOWAS region being ranked the lowest in the global Human Capital Development Index.

The Special Adviser to the President on the National Economic Council (NEC) and Climate Change, Rukaiya El-Rufai, said the programme was unveiled in 2018.

She added that the programme aimed to address poverty, foster socio-economic growth, and improve human capital across the country.

(NAN)

We have recently deactivated our website's comment provider in favour of other channels of distribution and commentary. We encourage you to join the conversation on our stories via our Facebook, Twitter and other social media pages.

More from Peoples Gazette

Katsina State

Politics

Katsina youths pledge to deliver over 2 million votes to Atiku

“Katsina State is Atiku’s political base because it is his second home.”

FRSC

States

How ex-Kaduna governor, Makarfi’s son died in auto crash–FRSC

The FRSC disclosed that three males were involved in the accident.

FRSC

States

FRSC beats Nigeria Police Force 2-0, clinches paramilitary football tourney

The Sector Commander, FRSC Kaduna Command, Kabir Nadabo, said that in any game there must be a winner and loser.

PDP

States

PDP, BoT condole ex-Kaduna governor, Makarfi, over son’s death in road crash

Mr Manga prayed to God to give the Makarfi family the fortitude to bear the loss.

Jigawa Governor Umar Namadi

States

Jigawa governor suspends aide over misleading comment on N70,000 minimum wage  

The state government said that the comment was embarrassing and premature.

Richard Tallen, son of a former Minister of Women Affairs, Pauline Tallen.

NationWide

Tears, eulogies as friends, family hold requiem, tribute night for ex-minister Pauline Tallen’s son

Mrs Abdulrazaq said, “He was a good son, a good father, a good friend, a good family member.’’

Allen Onyema and Ejiroghene Eghagha

Anti-Corruption

U.S. court issues arrest warrant for Air Peace CFO as FBI slams fresh charges on CEO Allen Onyema over multimillion-dollar fraud

Mrs Eghagha’s arrest warrant was issued just as a superseded indictment was slammed against Mr Onyema, the Air Peace owner.