The Minister of Budget and Economic Planning, Senator Abubakar Bagudu, has called on the Senior Executive Course 46 of the National Institute for Policy and Strategic Studies, NIPSS, Kuru, Plateau State to critically examine the place of the digital economy in the country’s Agenda 2050 and the National Development Plan (2021-2025).
The Minister of Budget and Economic Planning, Senator Abubakar Bagudu, has called on the Senior Executive Course 46 of the National Institute for Policy and Strategic Studies, NIPSS, Kuru, Plateau State to critically examine the place of the digital economy in the country’s Agenda 2050 and the National Development Plan .
He spoke yesterday in Abuja during a courtesy visit by Study Group Six of the Senior Executive Course, stating that the evaluation had become imperative to determine if the digital economy, which offers immense opportunities for youth employment and sustainable job creation, was properly captured in both documents.
Bagudu stated that several interventions such as the approval of the N300 bn Youth Investment Fund; the Training of three million youths in the project and the creation of a National Agricultural Development Fund for every part of the country were laudable programmes. The minister said these investments’ vision was to stimulate the delivery of some of the administration’s key priorities, especially priority seven, which was to accelerate diversification through industrialization, digitalization, creative Arts, manufacturing and innovation.
“With the advent of digitization, the world has become a global village; making the digital economy a financial hub for our youths,” he said, adding, “The demography of the country highlights that 31 per cent of the population are youths.” Bagudu said the huge number of youths could not be ignored if the country wished to tackle unemployment, accelerate development and ensure sustainable growth.
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