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This plan was the highlight of the N6.08 trillion budget estimates for next year presented yesterday to the National Assembly by President Muhammadu Buhari.
According to the President , this plan is designed to ensure that “we revive our economy, deliver inclusive growth to Nigerians and create a significant number of jobs” Buhari added that the budget proposal is aimed at improving the welfare of Nigerians and address youth unemployment. He said: “ As we focus on inclusive growth, we are conscious of the current rate of unemployment and underemployment.
“This is a challenge we are determined to meet; and this budget is the platform for putting more Nigerians to work. I can assure you that this administration will have a job creation focus in every aspect of the execution of this budget. “Nigeria’s job creation drive will be private sector led.
We will encourage this by a reduction in tax rates for smaller businesses as well as subsidised funding for priority sectors, such as agriculture and solid minerals. “As an emergency measure, to address the chronic shortage of teachers in public schools across the country, we also will partner with state and local governments to recruit, train and deploy 500,000 unemployed graduates and NCE holders.
“These graduate teachers will be deployed to primary schools, thereby, enhancing the provision of basic education, especially in our rural areas.” He also added that “ This programme will be implemented in phases. Already, the compilation of registers of the poorest persons is ongoing. In the coming weeks, we will present the full programme, which will include our home-grown public primary school feeding and free education for science, technology and education students in our tertiary institutions. Indeed, this will mark a historic milestone for us as a nation .”