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Home Business News

How Atiku plans to create 3 million jobs annually

Onome Ohwovoriole by Onome Ohwovoriole
November 18, 2018
in Business News, Politics, Spotlight
Biden should widen the AGOA for integration with the AfCFTA - Atiku, Intels denies NPA statement, Nigerian Ports Authority and Intels, Atiku Abubakar, Atiku claims he has big plans for private sector investment in infrastructure, Coronavirus: Atiku calls for petrol pump price reduction, stamp duty suspension
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Ahead of its formal launch, Nairametrics was able to get a sneak preview of PDP Presidential candidate Atiku Abubakar’s policy document.

In it, he gives details of how if elected, he plans to create 3 million jobs annually. The former Vice President had at various times touted his job creation capacity.

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Job creation

The Atiku government, if elected, aims to create 3 million jobs annually through four pathways:

The Informal Sector Pathway to jobs

Relaunch the National Open Apprenticeship Programme (NOAP) with a special focus on young men and women who may not have had the opportunity to attend school or complete basic education.

This programme will recruit 100,000 Master Crafts Persons (MCPs) annually who will train 1,000,000 apprentices in various trades.

The School to Jobs Pathway

Support the formal TVET system and reposition the technical colleges and vocational skills acquisition centres to produce skills and competencies for innovation and the creation of new ideas and products inside enterprises from where future jobs and future prosperity will be delivered.

The Entrepreneurship Pathway

  • Speedy passage of the National Research and Innovation Fund Bill.
  • Grants, loans or equity investments in small enterprises shall be provided either as start-up capital or to scale up innovations.
  • Introduce, and actively promote a Graduate Trainee Internship Programme (GTI).
  • Improve the technical and financial capacity of the Industrial Training Fund (ITF).

MSME /ICT Special Entrepreneurship Pathway

  • Prioritise support to the MSMEs across all the economic sectors.
  • Facilitate the establishment of the SME Venture Capital Fund by the private sector.
  • Facilitate the establishment of the Financial Innovation Fund.
  • Provide special focus on the ICT sector and aggressively market Nigeria as an outsourcing destination.
  • Actively promote “Nollywood” and “Kannywood”.
  • Develop sports and sporting facilities.

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Tags: Atiku AbubakarAtiku Abubakar's economic plansOn the Money
Onome Ohwovoriole

Onome Ohwovoriole

Onome Ohwovoriole has a degree in Economics and Statistics from the University of Benin and prior to joining Nairametrics in December 2016 as Lead Analyst had stints in Publishing, Automobile Services, Entertainment and Leadership Training. He covers companies in the Nigerian corporate space, especially those listed on the Nigerian Stock Exchange (NSE). He also has a keen interest in new frontiers like Cryptocurrencies and Fintech. In his spare time, he loves to read books on finance, fiction as well as keep up with happenings in the world of international diplomacy. You can contact him via onome.ohwovoriole@nairametrics.com

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