FG plans new wage system based on workers' productivity

I’ll create 40 million jobs in four years

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President Bola Ahmed Tinubu has said he will create a total of 40 million jobs within his four years in office.

He noted that the feat will be achieved under the Labour and Empowerment Enhancement Programme (LEEP).

The President disclosed this at the Nnamdi Azikiwe University (Unizik) Awka 18th Convocation ceremony held at the Varsity Convocation Arena on Friday.

Represented by the Director of Tertiary Education in the Ministry of Education, Mrs. Rekia Iliasu, Tinubu stated that the programme is to create 10 million jobs through the creation of 2.5 million jobs.

“It is imperative to note that education cannot be considered in isolation from the labour market, which is to absorb the products from the various tiers of education.”

“In this regard, the Federal Ministry of Labour and Employment recently inaugurated the Labour Employment Enhancement Programme LEEP, whose intent is to create ten million jobs through two and a half million jobs annually for the next four years.”

“This programme aims to train and equip young Nigerians with the necessary tools and opportunities for employment, and importantly, self-employment, through the strategies of digital skills initiatives, vocational entrepreneurial skills programmes, infrastructure updates, and the National Electronic Labour Exchange NELEX,” he said.

In his address at the occasion, the outgoing Vice Chancellor of Nnamdi Azikiwe University, Prof. Charles Okechekwu Esimone, announced that a total of 7,033 students are graduating with first-degree, post-graduate, and post-graduate diplomas.

Esimone also announced that in the last five years of his tenure as Vice Chancellor, projects attracted and executed cost the sum of N60 Billion.

“In summary, the following were completed through TET Fund projects: seven Federal Government Capital Releases on Infrastructure and five on Capacity building; thirty-seven Internally Generated Revenue Projects; four Presidential Needs Assessment Projects; and twelve Endowment Projects More details can be found in the book referred to above.

The total projects attracted are estimated conservatively at over sixty billion naira,” he noted.

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