Yemi Osinbajo
Osinbajo: FG
Yemi Osinbajo
Osinbajo: FG to increase Living Standard of
Nigerians
The Federal Government has assured that beyond the high
macroeconomics returns being envisaged, the government is committed
to improving the standard of living of Nigerians compared to what
obtains in developed economies.
The Vice President, Professor Yemi Osinbajo, represented by the
Honourable Minister of State Budget and National Planning, Prince
Clem Agba disclosed this on Monday in Abuja, while declaring
open the 6oth Annual Conference of the Nigerian Economic Society
with the theme “Economic Policies and the Quality of Life in
Africa’’.
Professor Osinbajo said that the theme of the Conference
“Economic Policies and the Quality of Life in Africa’’ is apt and
consistent with Nigeria’s national development priorities, coming
especially on the heels of the country’s determination to address
the economic and social challenges facing Nigeria.
He further stated that the conference could not have come at a
better time than now when the current administration is in the
process of developing Successor Long Term as well as the Medium
Term Development Plans for the country.
“Conference such as this therefore provides the opportunity for
exchange of ideas and charting the course for improving the overall
economic management both at the Federal and State levels. It will
be recalled that the Economic Recovery and Growth Plan (ERGP) was
developed in response to the economic challenges at the beginning
of this Administration, specifically to address these challenges
and ensure inclusiveness’’ Prof. Osinbanjo reiterated.
According to the Vice President, in order to create a more
inclusive society that enhances the quality of life, government has
continued to implement the Social Investment Programme (SIP),
adding that the sum of N500 billion had been appropriated for the
scheme since 2016, an action which reflects the continued
determination of government to pursue an inclusive society and
achieve a pro- poor growth.
The Vice President posited that Government policies such as the
N- Power scheme, have seen 500,000 graduates and 26,000 non
graduates engaged; “the National Home Grown Feeding program as at
March 2019, is feeding over 9.5 million school children across 30
states, with over 101, 913 cooks empowered. The government
enterprise and empowerment program has seen to the disbursement of
1..71 million loans to small businesses and farmers across the 36
states and the FCT. 297, 973 households in 26 states across the
country are benefiting from the conditional cash Transfer
Program”
He stated that Government is also making effort at revitalizing
in the textile industry in the country, with Ministry of Industry
Trade and Investment working closely with relevant stakeholders to
commence a data gathering process in that regard.
He commended the Nigerian Economic Society for organizing the
conference and stated that the progress we seek in our lives can
only be achieved when anchored on credible economic development
agenda at all levels of government.
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Victoria Agba-Attah
Director Information, MBNP