We need to create jobs and the enabling environment for the young people to thrive and work,” governor of the Central Bank of Nigeria (CBN) Godwin
There was also a N60 billion fund package designed to create 296,000 jobs in the construction and rehabilitation of roads in the six geo-political zones of the country through the use of local resources as well as N90 billion for the launch of a national programme to promote domestic use of compressed natural gas and support the creation of one million jobs in the process.
Recognising the huge potential of the Cotton Textile and Garment subsector, the CBN then embarked on a journey to resuscitate the sector with a plan to increase cotton production, increase the capacity of ginneries and textile companies in the country, attain self-sufficiency in cotton production and create jobs, while enhancing the skills of Nigerians across the cotton value chain.
Hear him, “We anticipate that there would be at least 10,000 direct and indirect jobs created during the construction of the Lagos Creative & Entertainment Centre. We also project that over 25,000 people will be engaged in different sections of the centre when the signature cluster is completed, with anticipated multiplier effect of other job opportunities.”
Emefiele thinks Nigerian youths also need to embrace agriculture and explore the opportunities that are being created. While unveiling the first maize pyramid and flag-off of the 2021 Maize wet season farming under the CBN-Maize Association of Nigeria Anchor Borrowers’ Programme in Katsina recently, he restated the bank’s readiness to support youths that are willing to engage in agriculture. This is even as the governor reiterated the bank’s opposition to the importation of maize into Nigeria.
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