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Nairametrics
Home Business News Business

Unemployment: ITF to take 7 million out of poverty by 2030 – FG

William Ukpe by William Ukpe
March 29, 2021
in Business, Business News
Presidency says no national broadcast by President Buhari today

Femi Adesina, Special Adviser to the President on Media and Publicity

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The Federal Government revealed that the Industrial Training Fund, ITF, plans to take 7 million Nigerians out of poverty by 2030.

This was disclosed by media aide to the Presidency, Femi Adesina in an interview with Channels TV on Sunday evening.

“I had a projection from the ITF saying by 2030, ITF alone will take 7 million people out of poverty.

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“…and you have government agencies that have given their targets of what they would do within a certain point,” he said.

Adesina complained that the talking points of different government agencies on unemployment and poverty projections are never discussed by Nigeria but rather, “equivocation and problems over decades that we continue to focus on.”

“Let us look at the positive things for a change, it will help our psyche,” he said.

“It’s not one government that will do it (fix poverty), if the Buhari government says that it will take 100 million Nigerians out of poverty in ten years, that government will not be available for the next ten years because it has about 2 years and 2 months to go, its a progression in Nigeria,” he added.

What you should know: Nairametrics reported earlier this month that Nigeria’s unemployment rate as of the end of 2020 rose to 33.3% from 27.1% recorded in Q2 2020, indicating that about 23,187,389 (23.2 million) Nigerians remain unemployed.


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William Ukpe

William Ukpe

For further inquiries about this article contact: Email: william.ukpe@nairametrics.com or outreach@nairametrics.com. Twitter: @_sirwilliam_ @nairametrics.

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