The Federal Government has assured Nigerians that the on-going power sector reforms, and interventions designed to boost job creation and its support to drive entrepreneurship among youths will yield desired results in 2021.
This was disclosed by President Muhammadu Buhari during his New Year national broadcast on Friday.
He said, “The reforms we have put in place in the power sector would guarantee increased efficiency in our drive to significantly expand the generation and distribution of electricity for use in homes and factories.
“As an administration we are currently undertaking a series of special interventions designed to boost job creation and support the entrepreneurial drive of our youths.
“With the recent opening of our borders, we expect that the pent-up demand of legitimate cross-border and international trade will boost the fortunes of the many small businesses and agricultural enterprises that depend on Nigeria’s trade and commerce.”
Click here to read the full New Year speech of President Buhari
What you should know
Nairametrics had reported earlier today that President Buhari had acknowledged that year 2020 had indeed been a tough one for Nigeria. He however assured Nigerians that his administration would brave any storm in the new year.
He said, “While acknowledging that 2020 was a very tough year, we saw this year put to the test our national resilience and ability to survive these tough times and also gave renewed hope that we will again brave any storm that lay ahead in 2021 and beyond.”
Buhari added that the progress made by his administration had been insufficient, going by the expectations of Nigerians.